Results 6,061-6,080 of 33,118 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Code (26 Apr 2022)

Paschal Donohoe: The position is that Section 469 of the Taxes Consolidation Act 1997 (TCA 1997) provides for income tax relief where an individual proves that he or she has incurred costs in respect of qualifying health expenses. It should be noted that only expenses incurred in the provision of ‘health care’ will qualify for tax relief. Health care is defined as the “prevention,...

Written Answers — Department of Finance: Departmental Funding (26 Apr 2022)

Paschal Donohoe: I wish to advise the Deputy that my Department does not provide any funding to the organisation in question.

Written Answers — Department of Finance: Vehicle Registration Tax (26 Apr 2022)

Paschal Donohoe: I understand from Revenue that the application process for the de-registration of a vehicle and repayment of the associated Vehicle Registration Tax (VRT) continued to operate normally throughout the Covid-19 pandemic. As explained on the Revenue website, if there are exceptional circumstances, then a vehicle may be de-registered and the VRT repaid provided that the following conditions are...

Written Answers — Department of Finance: Credit Register (26 Apr 2022)

Paschal Donohoe: The Central Credit Register (CCR) was established by the Central Bank of Ireland under the Credit Reporting Act 2013 (the Act).  The purpose of the CCR is to ensure that credit providers will have access to the most accurate and up to-date information regarding a borrower’s total debt exposure when considering an application for credit or when an existing loan is being...

Written Answers — Department of Finance: Film Industry (26 Apr 2022)

Paschal Donohoe: I recently welcomed a significant investment into Ireland’s audio-visual industry as part of a press release issued by Hackman Capital Partners and the MBS Group in relation to their being selected to develop the new Greystones Media Campus. This two phased development is a joint venture with the Ireland Strategic Investment Fund (ISIF) and Capwell Property Partners. The co-investors...

Written Answers — Department of Finance: Revenue Commissioners (26 Apr 2022)

Paschal Donohoe: I am advised that Revenue are not currently experiencing any delays in the processing of Capital Acquisitions Tax (CAT) certificates where all relevant information is received at the time of application. In some instances, Revenue may request additional information in support of the application and any delay in responding to those requests may lead to a delay in the processing of the...

Written Answers — Department of Finance: Primary Medical Certificates (26 Apr 2022)

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme provides relief from Vehicle Registration Tax and VAT on the purchase and use of an adapted car, as well as an exemption from motor tax and an annual fuel grant. The Scheme is open to severely and permanently disabled persons as a driver or as a passenger and also to certain charitable organisations. In order to qualify for relief, the...

Written Answers — Department of Finance: Tax Code (26 Apr 2022)

Paschal Donohoe: The VAT rating of goods and services is subject to the requirements of EU VAT law with which Irish VAT law must comply. The VAT Directive obliges each Member State to have a standard rate of VAT and also allows that a Member State may choose to have no more than two reduced rates of VAT, which may be no less than 5%, and which may be applied to certain goods and services:  any of those...

Written Answers — Department of Finance: Departmental Staff (26 Apr 2022)

Paschal Donohoe: I wish to advise the Deputy that all secondments of staff out from the Department of Finance since January 2019 were agreed by the Department on a temporary basis where the staff would return to this Department upon the end of the stated duration of the secondment. The Department’s secondments follow the guidelines set out by the Department of Public Expenditure and Reform's...

Written Answers — Department of Finance: Tax Code (26 Apr 2022)

Paschal Donohoe: As I previously stated, I wrote to Commissioner Gentiloni in early March regarding the need for Member States to have greater flexibility when responding to the energy crisis, particularly in relation to the VAT and Excise Directives. This was in addition, to the ongoing and frequent contact between officials in my Department and their colleagues in Brussels and the European...

Written Answers — Department of Finance: Tax Yield (26 Apr 2022)

Paschal Donohoe: As the Deputy is aware, the most recent projection of additional carbon tax revenues provided by my Department for the period 2021 to 2030 amounted to €9.2 billion, based on the Government’s commitment to increasing the amount that is charged per tonne of CO2 emissions from fuels to €100 by 2030. This is a key pillar underpinning the Government’s Climate Action...

Written Answers — Department of Finance: Tax Code (26 Apr 2022)

Paschal Donohoe: Officials in my Department are currently reviewing the options now available to Ireland in setting VAT rates. This will include consideration of the new options available to Member States  as a result of the recently updated EU VAT rules when setting VAT rates as well as the new limitations introduced on how reduced rates may be applied. Decisions about tax changes are generally...

Written Answers — Department of Finance: Compulsory Purchase Orders (26 Apr 2022)

Paschal Donohoe: The acquisition of a property by way of compulsory purchase order (CPO) is the disposal of an asset for the purposes of Capital Gains Tax (CGT).  Any chargeable gain arising on such a disposal is subject to CGT at a rate of 33%. The first €1,270 of total chargeable gains in respect of an individual in any year of assessment is exempt from CGT. It is the amount of the...

Written Answers — Department of Finance: Defective Building Materials (26 Apr 2022)

Paschal Donohoe: As the Deputy will be aware, the Programme for Government contains several commitments to support the ordinary home-owners who have been affected by these issues and it is the Government’s firm intention to find appropriate solutions for those who are affected.  My colleague, the Minister for Housing, Local Government and Heritage, has established an Independent...

Written Answers — Department of Finance: Apprenticeship Programmes (26 Apr 2022)

Paschal Donohoe: Off-the-job training payments made to craft apprentices by the Education Training Boards (ETBs) are chargeable to tax under Schedule E (taxed through the PAYE system) by virtue of Section 19 of the Taxes Consolidation Act (TCA) 1997, on the basis that the ETBs are paying a stipend to the apprentices out of public revenues of the State.  I am advised by Revenue that in 2021 payroll...

Written Answers — Department of Finance: Primary Medical Certificates (26 Apr 2022)

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme provides relief from Vehicle Registration Tax and VAT on the purchase and use of an adapted car, as well as an exemption from motor tax and an annual fuel grant. I gave a commitment that a comprehensive review of the scheme, to include a broader review of mobility supports for persons with disabilities, would be undertaken.  ...

Written Answers — Department of Finance: Research and Development (26 Apr 2022)

Paschal Donohoe: The research and development (R&D) tax credit allows a company to claim a 25% tax credit in respect of expenditure incurred on qualifying R&D activities. In making a claim for the R&D tax credit, companies must satisfy two tests: the activity must be a qualifying activity (a science test); and the amount of the claim must be based on R&D expenditure incurred (an accounting...

Written Answers — Department of Finance: Departmental Data (26 Apr 2022)

Paschal Donohoe: My Department published updated macroeconomic projections as part of the draft Stability Programme Update (SPU) in mid-April. Against the backdrop of the war in Ukraine and the associated economic and geopolitical instability, energy and other commodity prices have soared. This in turn, has fed through to rising inflationary pressure which has dampened domestic economic activity.  ...

Written Answers — Department of Finance: Tax Code (26 Apr 2022)

Paschal Donohoe: Ireland’s taxation of fuel is governed by European Union law as set out in Directive 2003/96/EC, commonly known as the Energy Tax Directive (ETD). ETD provisions on mineral oils are transposed into national law in Finance Act 1999 which provides for the application of excise duty, in the form of Mineral Oil Tax (MOT), to specified mineral oils, such as petrol and diesel, that are used...

Written Answers — Department of Finance: Data Protection (26 Apr 2022)

Paschal Donohoe: I can confirm that CCTV used by my Department is not Hikvision or Dahua, and that facial recognition is not used in any of the buildings in which my Department is housed. The Central Bank of Ireland is a body under the aegis of my Department. It has advised that it has implemented appropriate and relevant physical security measures to ensure the ongoing protection of the organisation....