Results 6,361-6,380 of 33,118 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Data (8 Mar 2022)

Paschal Donohoe: All propellant fuels, including petrol and diesel, are subject to an excise duty known as Mineral Oil Tax (MOT), which comprises a non-carbon component and a carbon component, the latter commonly referred to as carbon tax. A levy is also charged on petrol and diesel to cover the costs related to maintaining security of oil supplies.  This levy is administered by, and paid directly to,...

Written Answers — Department of Finance: Tax Data (8 Mar 2022)

Paschal Donohoe: I am advised by Revenue that the number of individuals and organisations claiming a repayment of Value Added Tax (VAT) and/or Vehicle Registration Tax (VRT) under the Drivers and Passengers with Disabilities (DPD) scheme is provided in the table below. The figures for 2021 are provisional at this point. Year Number of Claimants VRT & VAT €m ...

Written Answers — Department of Finance: Protected Disclosures (8 Mar 2022)

Paschal Donohoe: Section 22 of the Protected Disclosures Act requires the publication of a report in respect of protected disclosures received in the preceding year setting out certain information in respect of protected disclosures received. For the purposes of complying with section 22, my Department publishes information regarding protected disclosures formally identified as such, without identifying the...

Written Answers — Department of Finance: Tax Code (8 Mar 2022)

Paschal Donohoe: I should clarify that, prior to its expiry, the Home Renovation Incentive (HRI) operated as a relief from Income Tax (albeit at a rate of 13.5%) rather than VAT. The HRI provided tax relief by way of an income tax credit on repair, renovation or improvement works on principal private residences or rental properties carried out by tax compliant contractors. It was introduced in 2014 at a...

Written Answers — Department of Finance: Credit Unions (8 Mar 2022)

Paschal Donohoe: I propose to take Questions Nos. 213 and 214 together. The Central Bank informs me that the total number of individual, actively trading credit unions has decreased from 415 as at 1st January 2010 to 210 as at 4th March 2022, a reduction of 205. This decrease has been driven in the significant majority of cases by the completion of voluntary transfers of engagements (TOEs). ...

Written Answers — Department of Finance: Financial Services (3 Mar 2022)

Paschal Donohoe: I understand the Deputy's question refers to Russian State influence and to Irish Banks.  The Deputy will be aware that the EU has published details of further sanctions in response to the crisis in Ukraine (see www.consilium.europa.eu/en/policies/sanctions/rest rictive-measures-ukraine-crisis/). I am advised by the Central Bank of Ireland that the Bank has a dedicated...

Written Answers — Department of Finance: Irish Bank Resolution Corporation (3 Mar 2022)

Paschal Donohoe: Please see below schedule of legal fees incurred by the Minister for Finance in respect of the liquidation of IBRC: Date Amount 2012 € 724,878.64 2013 € 417,760.88 2014 €  23,829.59 2020 € 151,737.63 Total ...

Written Answers — Department of Finance: Insurance Coverage (3 Mar 2022)

Paschal Donohoe: I note that the question refers to research conducted on behalf of the Irish Cancer Society in relation to the experience of people affected by cancer when accessing financial products and services. I am aware of this research, and the issue of access to financial services for this particular group. It is important to note that neither I, nor the Central Bank of Ireland, can intervene in the...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (3 Mar 2022)

Paschal Donohoe: The Employee Wage Subsidy Scheme (EWSS) is operated on a self-assessment basis with the onus on applicants to satisfy themselves that they fully meet the eligibility criteria for the scheme as set down in the legislation and to self-declare to Revenue that they correctly qualify. The eligibility conditions for the scheme, requires that a business has tax clearance and that a minimum 30%...

Written Answers — Department of Finance: Land Issues (2 Mar 2022)

Paschal Donohoe: As the Deputy may be aware, NAMA does not typically own or control properties; rather NAMA owns loans for which the properties act as security. The properties securing NAMA’s loans are owned and controlled by their registered owners, or appointed receivers in the case of enforcement. The Deputy will appreciate that, under Sections 99 and 202 the NAMA Act and in line with normal...

Written Answers — Department of Finance: Land Issues (2 Mar 2022)

Paschal Donohoe: I wish to inform the Deputy that the management of State Property is a matter for the Office of Public Works (OPW). The OPW are under the aegis of the Department of Public Expenditure and Reform (DPER). As such, I suggest that queries on the use and management of any such land be directed to that Department who are better placed to respond regarding such queries.   In the interest of...

Written Answers — Department of Finance: Land Issues (2 Mar 2022)

Paschal Donohoe: I wish to inform the Deputy that the management of State Property is a matter for the Office of Public Works (OPW). The OPW are under the aegis of the Department of Public Expenditure and Reform (DPER). As such, I suggest that queries on the use and management of any such land be directed to that Department who are better placed to respond regarding such queries.   In the interest of...

Written Answers — Department of Finance: Credit Unions (2 Mar 2022)

Paschal Donohoe: I propose to take Questions Nos. 88 and 89 together. This Government recognises the importance of credit unions. The Programme for Government contains commitments to; - Review the policy framework within which Credit Unions operate. - Enable and support the Credit Union movement to grow. - Support Credit Unions in the expansion of services, to encourage community development. Credit unions...

Written Answers — Department of Finance: Credit Unions (2 Mar 2022)

Paschal Donohoe: The Programme for Government includes a number of commitments in relation to the credit union sector.  The Review of Policy Framework is in its final stages with a summary list of proposals having recently been shared with all the credit union representative bodies. A final stakeholder engagement session has been scheduled for early March. Legislative proposals arising will go to...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (1 Mar 2022)

Paschal Donohoe: The objective of the Employment Wage Subsidy Scheme (EWSS) is to support employment and maintain the link between the employer and employee insofar as is possible. The EWSS has been a key component of the Government’s response to the Covid-19 crisis. It is an economy-wide scheme that operates across all sectors. In money terms, the overall support provided to-date (24 February) by EWSS...

Written Answers — Department of Finance: Tax Code (1 Mar 2022)

Paschal Donohoe: In line with the Programme for Government policy approach to Carbon Tax, Finance Act 2020 legislated for a series of annual increments in the carbon tax rate leading to a rate of €100 per tonne of tonne of CO2 emitted in 2030.The rate of €41 per tonne applied to auto fuels from October 2021 but I delayed the increased on home heating fuels until 1stMay 2022 to allow for the...

Written Answers — Department of Finance: Electric Vehicles (1 Mar 2022)

Paschal Donohoe: The Government is committed to incentivising electric vehicles (EVs) as has been reflected in the wide suite of measures which have facilitated an exponential growth in EV registrations over the past number of years. The Programme for Government 2020 outlined a commitment to an average 7% per annum reduction in overall greenhouse gas emissions from 2021 to 2030 (a 51% reduction over the...

Written Answers — Department of Finance: Tax Code (1 Mar 2022)

Paschal Donohoe: The EU ETS operates in all EU countries plus Iceland, Liechtenstein and Norway (EEA-EFTA states) and covers approximately 10,000 installations in the power sector and manufacturing industry, as well as airlines operating between these countries.  The EU ETS works on the 'cap and trade' principle. A cap is set on the total amount of certain greenhouse gases that can be emitted by the...

Written Answers — Department of Finance: Naval Service (1 Mar 2022)

Paschal Donohoe: I propose to take Questions Nos. 242, 243 and 244 together. I am advised by Revenue that the role of its Maritime Unit, which has a national remit, is to patrol and monitor internal waters, territorial seas and adjacent waters. These patrol and monitoring activities are aimed at the prevention, detection, interception and seizure of illegal importations and exportations of prohibited and...

Written Answers — Department of Finance: Credit Unions (1 Mar 2022)

Paschal Donohoe: I propose to take Questions Nos. 245 and 248 together. This Government recognises the importance of credit unions. The Programme for Government contains commitments to; - Review the policy framework within which Credit Unions operate. - Enable and support the Credit Union movement to grow. - Support Credit Unions in the expansion of services, to encourage community development. Credit...