Results 5,721-5,740 of 32,547 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Departmental Data (24 Mar 2022)

Paschal Donohoe: Section 118(5G) of the Taxes Consolidation Act 1997 provides for the cycle to work scheme. This scheme provides an exemption from benefit-in-kind where an employer purchases a bicycle and associated safety equipment up to a maximum of €1,500 for e-bikes and €1,250 for other bicycles for an employee to use, in whole or in part, to travel to work. These thresholds were increased...

Written Answers — Department of Finance: Tax Credits (24 Mar 2022)

Paschal Donohoe: As I advised in relation to question 315 of 18 May last, I acknowledge the cost pressures on parents with young children. In recognition of these pressures, a number of support measures are already in place to ease the burden on working parents. These include various tax-exemptedfinancial supports provided by the Minister for Children, Equality, Disability, Integration and Youth to assist...

Written Answers — Department of Finance: Banking Sector (23 Mar 2022)

Paschal Donohoe: Since the COVID-19 situation first arose, I have maintained contact with the Banking and Payments Federation Ireland (BPFI) and banks on the measures the sector has put in place to assist their customers who are economically impacted by the pandemic. In relation to the particular issue of new mortgage lending, the main retail banks previously confirmed that they are considering mortgage...

Written Answers — Department of Finance: Departmental Contracts (23 Mar 2022)

Paschal Donohoe: I wish to advise the Deputy that the company in question has been engaged by my Department on 18 occasions since 2011, they have been paid a total of €10,883.24 from 2011 to date. 2011 Total cost (exclusive of VAT) Purpose of engagement €102.60 Translation of a document from English to...

Written Answers — Department of Finance: Tax Code (23 Mar 2022)

Paschal Donohoe: I am advised by Revenue that, where an employer provides an employee or director with a small benefit, that is, a voucher or a benefit (a tangible asset other than cash) with a value not exceeding €500, that benefit will be exempt from Income Tax, PRSI and USC, provided all of the conditions, contained within section 112B of the Taxes Consolidation Act 1997 are satisfied. The...

Written Answers — Department of Finance: Tax Rebates (23 Mar 2022)

Paschal Donohoe: I am advised by Revenue that the VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply. In general, the VAT Directive provides that all goods and services are liable to VAT at the standard rate, currently 23% in Ireland, unless they fall within categories of goods and services specified in the Directive, in respect of which Member States may apply a...

Written Answers — Department of Finance: Departmental Contracts (23 Mar 2022)

Paschal Donohoe: I wish to advise the Deputy that my Department has no contracts with the company in question.

Rising Energy Costs: Motion [Private Members] (22 Mar 2022)

Paschal Donohoe: I want to open by acknowledging the great challenges many are facing at present due to the rising cost of energy and to the change in the price of gas, oil, coal and diesel, primarily due to the impact of the war taking place in Ukraine. After the terrible difficulties of the past number of years due to Covid and with all of the challenges imposed on so many, and hoping that was beyond us, I...

Written Answers — Department of Finance: Fuel Prices (22 Mar 2022)

Paschal Donohoe: The Government recognises the impacts of the current fuel price increases. These trends are driven primarily by global factors and it is not possible for the Government to fully insulate consumers against these price impacts. However, I took the decision to alleviate some of these impacts through the domestic taxation of fuel with a temporary reduction in the excise rate...

Written Answers — Department of Finance: Covid-19 Pandemic (22 Mar 2022)

Paschal Donohoe: I wish to advise the Deputy that I am answering this PQ on behalf of my Department and the Department of Public Expenditure and Reform.  This is due to the sharing of facilities management between both Departments. The cost incurred by both Departments for the supply of Covid-19 related face masks and face coverings since March 2019 to date are tabulated below:  Year...

Written Answers — Department of Finance: Covid-19 Pandemic (22 Mar 2022)

Paschal Donohoe: I wish to advise the Deputy that I am answering this PQ on behalf of my Department and the Department of Public Expenditure and Reform.  This is due to the sharing of facilities management between both Departments. The shared costs incurred by both Departments for the supply of Covid-19 related hand sanitiser since March 2019 to date are tabulated below:  Year ...

Written Answers — Department of Finance: Tax Code (22 Mar 2022)

Paschal Donohoe: The EU VAT Directive provides that auto fuels must be charged at the standard rate and there is no provision to apply a reduced rate for such fuels. Accordingly, VAT on auto fuels (petrol and diesel) is standard rated at 23%.

Written Answers — Department of Finance: Fuel Prices (22 Mar 2022)

Paschal Donohoe: I propose to take Questions Nos. 228 and 242 together. On 11 March Minister Eamon Ryan and Minister of State Hildegarde Naughton announced the implementation of an emergency support measure for licensed hauliers to address cost pressures arising from current high fuel prices.  A targeted and temporary grant scheme will provide a payment of €100 per week for every...

Written Answers — Department of Finance: Fuel Prices (22 Mar 2022)

Paschal Donohoe: Ireland applies excise duty, in the form of Mineral Oil Tax (MOT) to specified mineral oils, such as petrol, diesel, and kerosene. MOT is comprised of a carbon component and a non-carbon component. The carbon component is commonly referred to as carbon tax. The non-carbon component is often referred to as “excise” or “fuel duty” but it is important to note that...

Written Answers — Department of Finance: Banking Sector (22 Mar 2022)

Paschal Donohoe: As Minister for Finance, I do not have a direct function in the operations of any bank. Although the State is a shareholder in some of the banks operating in the State, they must be run on a commercial and independent basis. Actions taken by the banks, including the services they choose to provide, are matters for the board and management of each institution. While decisions...

Written Answers — Department of Finance: Fuel Prices (22 Mar 2022)

Paschal Donohoe: Ireland’s taxation of fuel is based on European Union law as set out in the Energy Tax Directive which sets the legal framework for taxation of fuels and electricity in the EU.  Ireland applies Mineral Oil Tax (MOT) to fuels used for motor or heating purposes.  MOT is comprised of a non-carbon and a carbon component; the carbon component is also referred to as carbon tax. The...

Written Answers — Department of Finance: Traveller Community (22 Mar 2022)

Paschal Donohoe: I wish to inform the Deputy that the issues included in the recommendations in the report of the Joint Committee on Key Issues Affecting the Traveller Community are not directly relevant to my Department.  My Department does not have policy responsibility for health, education, employment and accommodation, and accordingly it is not involved in the implementation of these recommendations.

Written Answers — Department of Finance: Tax Data (22 Mar 2022)

Paschal Donohoe: I propose to take Questions Nos. 233, 234 and 266 together. Ireland's taxation of fuel is subject to European Union law as set out in Directive 2003/96/EC, commonly known as the Energy Tax Directive (ETD). The ETD prescribes minimum tax rates for fuel with which all Member States must comply. ETD provisions on mineral oils are transposed into national law in Finance Act 1999 (as amended)....

Written Answers — Department of Finance: Tax Credits (22 Mar 2022)

Paschal Donohoe: I propose to take Questions Nos. 235 and 239 together. As the Deputy may be aware, the Minister for Housing, Local Government and Heritage, has established an Independent Working Group to examine the issue of defective housing. Officials from my Department participate in this Working Group. The objectives of the group are to identify the scope of relevant significant...

Written Answers — Department of Finance: Banking Sector (22 Mar 2022)

Paschal Donohoe: Ireland transposed the fifth Anti-Money Laundering Directive into Irish law by way of the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 and the provisions of the 2021 Act, that relate to Virtual Asset Service Providers, commenced on 23 April 2021. In order to provide a comprehensive response to the Deputy’s question, my officials consulted with...