Results 6,601-6,620 of 32,527 for speaker:Paschal Donohoe

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: Higher rents and fewer homes.

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: Fewer homes and higher rents, Deputy Doherty.

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: Deputy Doherty does not like a debate.

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: 9 o’clock I am absolutely aware of the huge challenge that many tenants face at the moment. I meet them in my own constituency of Dublin Central. I meet people who are very concerned about the level of rent they are paying currently. They are worried they will not be able to pay their rent in the future, or that renting has undermined their ability to save for a mortgage. They...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: I will speak to the amendments first before I come to Deputy Michael Healy-Rae's comments. Deputy Doherty's amendments refer to reports on the tapering out of income tax credits on certain incomes and the introduction of a levy on high incomes and new income tax rates across particular income ranges. I will make the point that in order to fund all of the improved public services and the...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: We are raising revenue to improve public services. Changes we have made in local property tax and carbon taxation are bringing in revenue. We are using the additional revenue coming in from those changes to tax policy to pay for improved public services. We will see tax revenue increase across next year due to the effects of a growing economy. Deputy Doherty and I have different views on...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: I appreciate the Deputy's recognition of the decision made by the Revenue Commissioners. I am aware of IBEC's interest in and support for the campaign, but I stand by the indication I gave earlier that there are important issues of equity here. Someone who is resident here in Ireland is liable to pay tax here in Ireland. This is a long-standing principle upon which our personal taxation...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: In the amendment the Deputy is requesting a comprehensive report on the trans-border workers' relief. I acknowledge Deputy Doherty has been raising this issue since the Covid pandemic changed work patterns and work flows on this island. This issue was discussed during the debates on last year's Finance Bill, when I undertook that the relief would be examined as part of the work of the tax...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: I move amendment No. 3: In page 12, line 24, after “Placement” to insert “or an Internship Clinical Placement”. The pandemic placement grant, PPG, is a payment of €100 per week to full-time student nurses and midwives on clinical placements as supplementary financial support in carrying out this placement during the pandemic. Section 4 of the Finance...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: The Government will make a decision regarding a recognition payment to recognise all of the efforts of our front-line workers soon. It is not the subject of reference in the Finance Bill. The Taoiseach and Tánaiste have made it clear that we will make a speedy decision in regard to this matter.

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: The only thing that is certain is that when we bring it forward Deputy Doherty will oppose it. He will condemn whatever proposal the Government brings forward and will say it is not enough and should have been done more quickly. The only thing that is certain in any decision the Government brings forward is that the Deputy will stand up, along with Sinn Féin, and will oppose it, as...

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: I move amendment No. 4: In page 12, line 30, to delete “31 December 2021” and substitute “31 December 2022”.

Finance Bill 2021: Report Stage (1 Dec 2021)

Paschal Donohoe: I move amendment No. 5: In page 12, line 35, after “student” to insert “in the year of assessment to which it relates”.

Written Answers — Department of Finance: Insurance Industry (1 Dec 2021)

Paschal Donohoe: As committed to in the 2020 Programme for Government, Government is prioritising reform of the insurance sector with particular emphasis on motor, public, and employer liability insurance. The whole-of-Government approach being taken through the Action Plan for Insurance Reform, which sets out 66 actions that aim to improve both the cost and availability of this key financial...

Written Answers — Department of Finance: Insurance Industry (1 Dec 2021)

Paschal Donohoe: At the outset, it is important to note that as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation. Neither I, nor my Department, collect the type of information being sought by the Deputy. However, the Central Bank publishes data into the insurance sector via the National Claims Information Database (NCID).  To date, the...

Written Answers — Department of Finance: Tax Code (1 Dec 2021)

Paschal Donohoe: I am advised by the Revenue Commissioners that, in general, capital gains tax (CGT) is chargeable on a gain arising on the disposal of an asset at the rate of 33%. The first €1,270 of chargeable gains of an individual in any year are exempt from CGT. Section 604 of the Taxes Consolidation Act, 1997 provides relief from CGT on the disposal of one’s principal private...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (1 Dec 2021)

Paschal Donohoe: I propose to take Questions Nos. 79 and 80 together. The Business Resumption Support Scheme (BRSS) is a targeted support for companies, self -employed individuals, partnerships as well as certain charities and sporting bodies that carry on a trade that was significantly impacted by COVID-19 public health restrictions, including where the impact has continued after the easing of the...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (30 Nov 2021)

Paschal Donohoe: I expect the Deputy is referring to Public Dancing Licences which, under Section 2 of the Public Dance Halls Act 1935, are required to be held by premises where dancing is open to the public and in which persons present are entitled to participate actively. A Public Dancing Licence is separate to a liquor licence. A Public Dancing Licence fee includes court fees of €335 and excise...

Written Answers — Department of Finance: EU Directives (30 Nov 2021)

Paschal Donohoe: I should clarify that the item referred to by the Deputy was the Proposal for a Directive, rather than a Directive itself. The Proposal was part of the package of measures published by the EU Commission in March 2018 to address the issue of non-performing loans (NPLs). Proposal (2018/0063(COD)) was subsequently split into two parts so that the element relating to credit services and credit...

Written Answers — Department of Finance: EU Regulations (30 Nov 2021)

Paschal Donohoe: I propose to take Questions Nos. 195 and 205 together. As the Deputy may be aware, the Commission’s communication of 13 October 2021 set out a toolbox for Member States to allow them to tackle rising energy prices. For VAT provisions, the communication refers to the fact that Member States can decide to apply reduced rates of VAT on energy products, but only within the confines of...