Results 6,101-6,120 of 32,433 for speaker:Paschal Donohoe

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2022
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (26 Jan 2022)

Paschal Donohoe: When I was in front of the joint committee last week, I gave a statement regarding how much overall is outstanding. It will take longer than was expected to ensure we regain all the money invested in Bank of Ireland, AIB and Permanent TSB. The procedures under way with regard to Bank of Ireland and AIB are going well. As to what happens to that money when it comes in, it does not...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2022
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (26 Jan 2022)

Paschal Donohoe: As soon as I came back from the joint committee, I asked for that information to be shared with members subject to any legal constraints, which there may well be, regarding such sharing. What can be shared with members will be shared. There are constraints in relation to the legal advice I can share with the Oireachtas but I will ensure that that which can be shared is shared.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2022
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (26 Jan 2022)

Paschal Donohoe: The €350,000 is under salaries. On the question the Deputy asked me on legal advice, I recollect that it was not just a matter of its content but also a matter of who supplied it. I remember both issues that the Deputy raised.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2022
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (26 Jan 2022)

Paschal Donohoe: It relates to moving three more people into the economic division. The €350,000 will be used to pay for their salaries. On the question on whether it leads to an increase in the number of staff within the Department of Finance, there was an increase in the overall number of staff from 349 from 369. Therefore, there are to be 20 more staff in the Department this year by comparison...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2022
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (26 Jan 2022)

Paschal Donohoe: No, I am not saying that. Housing policy and issues in relation to housing will be covered by all members of the Department of Finance, or by many different members of staff. The figure of €350,000 is the figure we will go up to in order to bring approximately three people into the Department to help with this work.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2022
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (26 Jan 2022)

Paschal Donohoe: We have to begin the work on moving these people through and appointing them. I expect that the salaries and status of the recruits are yet to be determined. It may well be the case that the figure will be considerably below €350,000. As I have said to the Deputy, these are people whose sole role will be to consider housing issues relevant to the Department, but this will be on top...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2022
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (26 Jan 2022)

Paschal Donohoe: Yes, I will do that.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2022
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (26 Jan 2022)

Paschal Donohoe: Preparatory work for the review has been under way for the last number of months. We have been inputting to this. I understand that a meeting of that group took place yesterday. It was chaired by the Minister of State, Deputy Rabbitte.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2022
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (26 Jan 2022)

Paschal Donohoe: Of course, I will make available any materials in relation to this that the committee wants. I will ask my officials to do this. I am very happy to furnish the committee with that. While they did, we raised this issue with this the Department of Health, as well as what will now become the Department of children, youth and disability affairs. We raised it with them.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2022
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (26 Jan 2022)

Paschal Donohoe: No, I accept the responsibility for this, and I want that to be very clear. It is unsurprising, given that this is a matter that involves the assessment of health need, that we would seek to gain the views of the Department of Health into the matter. However, I am responsible for this. This is a board that is associated with and is the responsibility of my Department. Indeed, as I have...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2022
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (26 Jan 2022)

Paschal Donohoe: What happened across this period, and this might explain the gap-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2022
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (26 Jan 2022)

Paschal Donohoe: Those figures refer to the directorate in my Department. That group is responsible for banking policy, which is laid out in Vote 7. We are making progress on reducing our shareholding in Bank of Ireland and AIB but the proceeds of that will not be captured in these Estimates because, as the Chairman will be aware, this refers to the money we will be spending.

Written Answers — Department of Finance: Departmental Schemes (25 Jan 2022)

Paschal Donohoe: I propose to take Questions Nos. 228, 231, 232, 233, 235, 236, 237, 238, 239 and 240 together. The Disabled Drivers & Disabled Passengers Scheme (DDS) provides relief from VRT 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 who also meet one of six...

Written Answers — Department of Finance: Insurance Industry (25 Jan 2022)

Paschal Donohoe: The Government’s Action Plan for Insurance Reformincludes a commitment to work to remove dual pricing from the insurance market. As the Deputy is aware, the Central Bank completed its Review and published its final report into differential pricing, along with a public consultation on proposals to strengthen the consumer protection framework, in July 2021. Among the Central...

Written Answers — Department of Finance: Charitable and Voluntary Organisations (25 Jan 2022)

Paschal Donohoe: I am advised by Revenue thatcharitable tax exemption status was granted to the organisation in question on 25 May 2012. The Charities Regulatory Authority (CRA) subsequently advised Revenue in 2017 that the organisation had failed to respond to queries regarding its charitable activity. The organisation also failed to respond to follow up correspondence from Revenue on the matter in January...

Written Answers — Department of Finance: Departmental Programmes (25 Jan 2022)

Paschal Donohoe: Finance Act 2012 introduced section 825C to the Taxes Consolidation Act, 1997. This section, as amended, provides Income Tax relief for certain individuals assigned during any of the tax years 2012 to 2022 to work in the State. The relief is commonly known as SARP (Special Assignee Relief Programme). The aim of the relief is to reduce the cost to employers of assigning skilled individuals in...

Written Answers — Department of Finance: Regulatory Bodies (25 Jan 2022)

Paschal Donohoe: As I have previously stated, I believe that innovations that increase the efficiency of financial services to consumers should be encouraged; however, innovations that fail to reach the high standards and controls that protect Irish consumers and underpin the integrity of the financial system, or those which put financial stability at risk, should not be allowed to flourish outside a...

Written Answers — Department of Finance: Regulatory Bodies (25 Jan 2022)

Paschal Donohoe: The Central Bank has informed me that 5,146 mortgage applicants received a mortgage rule exemption (allowance) from their lender in 2019, which is approximately 13% of the total number of loans subject to the mortgage measures in that year. The corresponding figure was 3,235 in 2020 (10% of total lending) and 1,415 in the first half of 2021 (8% of total lending). Data on the full year of...

Written Answers — Department of Finance: Departmental Policies (25 Jan 2022)

Paschal Donohoe: As the Deputy will be aware, the European Commission published a Communication in October 2021 which relaunched the review of the economic governance framework. I strongly welcome the re-opening of the Commission’s review, as I believe now is the right time to discuss possible reforms to the existing fiscal framework in Europe. To date, the Commission has not brought forward any...