Results 581-600 of 34,380 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Budget 2026 (1 Oct 2025)

Paschal Donohoe: The Minister for Finance and officials received and have considered the issues raised in the Budget 2026 submission by the Irish Farmers Association. As the Deputy will be aware, it is a longstanding practice that the Minister for Finance does not comment, in advance of the Budget, on any tax matters that might be the subject of Budget decisions.

Written Answers — Department of Finance: Departmental Correspondence (1 Oct 2025)

Paschal Donohoe: In relation to proposals to assist in advancing the decarbonisation of the transport sector in Ireland, it is important to note that the existing vehicle tax structures in the State have a strong environmental rationale, with the more pollutant, fossil-fuelled cars paying higher rates of tax, between motor tax, benefit-in-kind (BIK) and vehicle registration tax (VRT). In contrast,...

Written Answers — Department of Transport, Tourism and Sport: Public Transport (30 Sep 2025)

Paschal Donohoe: As the Deputy will be aware, it is a longstanding practice that the Minister for Finance does not comment, in advance of the Budget, on any tax matters that might be the subject of Budget decisions. I would note, however, that the Taxsaver scheme, as provided for in section 118(5A) of the Taxes Consolidation Act 1997 (TCA), offers an exemption from benefit-in-kind (BIK) where an employer...

Written Answers — Department of Transport, Tourism and Sport: Tax Reliefs (30 Sep 2025)

Paschal Donohoe: I propose to take Questions Nos. 315 and 334 together. As the Deputies will be aware, it is a longstanding practice that the Minister for Finance does not comment, in advance of the Budget, on any tax matters that might be the subject of Budget decisions. In the Programme for Government 2025 it was pledged to support SMEs, particularly those in the retail and hospitality sectors, by...

Written Answers — Department of Transport, Tourism and Sport: Mortgage Interest Rates (30 Sep 2025)

Paschal Donohoe: The number of taxpayer units who benefitted from the MITR in 2023 was 52,320, and the cost was estimated at €35.4 million. This is the first year the credit was claimable and is the latest year for which data is available, as the 2024 Form 11 filing deadline for self-assessed taxpayers has not yet passed. These figures are published in Revenue's Cost of Tax Expenditures publication,...

Written Answers — Department of Transport, Tourism and Sport: Tax Reliefs (30 Sep 2025)

Paschal Donohoe: Finance Act 2022 introduced Accelerated Capital Allowance (ACA) scheme for capital expenditure incurred on the construction of slurry storage facilities by farmers who carry on the trade of farming. This allows for qualifying capital expenditure incurred on the construction of slurry storage buildings and associated equipment to be written off at a rate of 50 percent per annum over a period...

Written Answers — Department of Transport, Tourism and Sport: Tax Reliefs (30 Sep 2025)

Paschal Donohoe: I am advised by Revenue that the cost of extending the young trained farmer stamp duty relief for 2026 cannot be costed as it is not possible to forecast how many people will avail of the relief in 2026. I am advised however, that the cost of the young trained farmer stamp duty relief in 2024 was €19.8m. Further information is available on the Revenue website here: .

Written Answers — Department of Transport, Tourism and Sport: Tax Reliefs (30 Sep 2025)

Paschal Donohoe: I am advised by Revenue that the cost of extending the farm consolidation stamp duty relief for 2026 cannot be costed as it is not possible to forecast how many people will avail of the relief in 2026. I am advised however that the cost of the farm consolidation stamp duty relief in 2024 was €1.5m. Further information is available on the Revenue website here: .

Written Answers — Department of Transport, Tourism and Sport: Tax Reliefs (30 Sep 2025)

Paschal Donohoe: I am advised by Revenue that the cost of extending farm restructuring CGT relief for 2026 cannot be provided as it is not possible to forecast how many people will avail of the relief in 2026. Furthermore, I am advised that the cost of farm restructuring CGT relief for 2023 (Latest year for which data is available) was €0.8m. Further information is available on the Revenue website here: .

Written Answers — Department of Transport, Tourism and Sport: Budget 2026 (30 Sep 2025)

Paschal Donohoe: As the Deputy is aware the current thresholds for the income tax age exemption are €18,000 per annum where an individual is aged 65 years or over, and €36,000 per annum for married couples and civil partners, jointly assessed to tax, where either individual is aged 65 or over. The relevant income thresholds may be increased further if the individual has a qualifying child....

Written Answers — Department of Transport, Tourism and Sport: Departmental Data (30 Sep 2025)

Paschal Donohoe: I wish to advise the Deputy that ICT services for my Department are provided by the Office of the Government Chief Information Officer (OGCIO) under the Department of Public Expenditure, Infrastructure, Public Services, Reform and Digitalisation. I have been advised that the Minister for Public Expenditure, Infrastructure, Public Services, Reform and Digitalisation will issue a full...

Written Answers — Department of Transport, Tourism and Sport: Energy Prices (30 Sep 2025)

Paschal Donohoe: I am advised by Revenue that the VAT treatment of goods and services is subject to EU VAT law, with which Irish VAT law is required to comply. In general, the Directive provides that all goods and services are liable to VAT at the standard rate, which in Ireland is currently 23%, unless they come within provisions that permit the application of a lower rate. On this basis, Ireland has...

Written Answers — Department of Transport, Tourism and Sport: Regulatory Bodies (30 Sep 2025)

Paschal Donohoe: The Financial Services and Pensions Ombudsman (FSPO) provides an independent, fair, impartial, confidential and free service to resolve complaints between consumers and financial services and pension providers. The statutory functions of the FSPO are governed by the provisions of the Financial Services and Pensions Ombudsman Act 2017. As Minister for Finance, I do not have a role in the...

Written Answers — Department of Transport, Tourism and Sport: Tax Code (30 Sep 2025)

Paschal Donohoe: The tax system is not the appropriate vehicle for targeted objectives of the nature outlined by the Deputy. The tax system contains rules for the calculation of profits, and tax payable thereon, based on broad Schedules and Cases of income. Any proposal to apply different tax treatment to a sub-set of providers of any service would be contrary to this established approach and could be liable...

Written Answers — Department of Transport, Tourism and Sport: Banking Sector (30 Sep 2025)

Paschal Donohoe: The current legal and regulatory framework does not preclude income of the type referred to being taking into consideration when evaluating an application for mortgage credit. It is a commercial matter for each lender to determine its own credit policies and to make its own lending decisions. This includes the types of income taken into account. I have no role or function in such commercial...

Written Answers — Department of Transport, Tourism and Sport: Regulatory Bodies (30 Sep 2025)

Paschal Donohoe: The Financial Services and Pensions Ombudsman (FSPO) provides an independent, fair, impartial, confidential and free service to resolve complaints between consumers and financial services and pension providers. While recent data provided by the FSPO indicates that 86% of complaints are closed within 12 months, some, generally more complex complaints, are taking longer to resolve. This...

Written Answers — Department of Transport, Tourism and Sport: Primary Medical Certificates (30 Sep 2025)

Paschal Donohoe: The Deputy should note at the outset that it is a legislative requirement that the Disabled Drivers Medical Board of Appeal (DDMBA) is independent in the exercise of its functions and it is a matter for the Board to determine all aspects of the management and delivery of the appeals process. The DDMBA operates from the National Rehabilitation Hospital (NRH) in Dún Laoghaire, who...

Written Answers — Department of Transport, Tourism and Sport: Revenue Commissioners (30 Sep 2025)

Paschal Donohoe: I have been advised that Revenue’s new Customs cutter, RCC Cosaint, was delivered in August 2025. Since its delivery, Revenue’s Maritime Unit (RMU) has engaged in training and familiarisation exercises and the new vessel has progressively transitioned to active operational service, including the undertaking of initial patrol exercises. It is expected that this process will be...

Written Answers — Department of Transport, Tourism and Sport: Departmental Data (30 Sep 2025)

Paschal Donohoe: Finance Act 2023 introduced the Mortgage Interest Tax Relief (MITR). The MITR was originally made available for the 2023 year of assessment. However, announced as part of Budget 2025, and as provided for in Finance Act 2024, it was extended to include the year 2024. The relief is available to homeowners with an outstanding mortgage balance between €80,000 and €500,000 as of 31...

Written Answers — Department of Transport, Tourism and Sport: Tax Reliefs (30 Sep 2025)

Paschal Donohoe: The Residential Premises Rental Income Relief (RPRIR) was introduced by Section 36 of the Finance Act, 2024 and is an income tax relief for individual landlords of rented residential property. The relief can reduce the tax due on rented residential income by up to €600 in 2024, €800 in 2025 and €1,000 in 2026 and 2027. I am informed by Revenue that as the deadline for...