Results 7,161-7,180 of 33,883 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Code (24 Feb 2022)

Paschal Donohoe: As the Deputy will be aware, the EU Commission published a proposal on the reform of VAT rates in January 2018 which would allow Member States more flexibility in how they apply VAT rates. The compromise text agreed at ECOFIN in December has been amended significantly in comparison to the original proposal so the EU Parliament will once again be consulted for their opinion. While not...

Written Answers — Department of Finance: European Investment Bank (24 Feb 2022)

Paschal Donohoe: At the outset, the Deputy should note that as Minister for Finance, and a Governor of the European Investment Bank (EIB), I have no role in the negotiation of contracts between the EIB and any borrowers here in Ireland. In addition, in my role as a Governor of the EIB, I have no role in the allocation of funding in Ireland, nor do I have the authority to specify which sector funding should...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (24 Feb 2022)

Paschal Donohoe: The Employment Wage Subsidy Scheme (EWSS) was legislated for under the Financial Provisions (Covid-19) (No. 2) Act 2020. Since the scheme commenced, 51,988 employers have registered and payroll submissions have been filed in respect of 727,662 eligible employees. Subsidy payments totalling €6.5 billion and PRSI credits totalling €1 billion have been processed to date. ...

Written Answers — Department of Finance: Departmental Meetings (24 Feb 2022)

Paschal Donohoe: During the period mentioned in the Deputy’s question I have engaged with the National Women’s Council of Ireland (NWCI) on six occasions including in the context of the annual National Economic Dialogue and Pre-Budget meetings with the Community and Voluntary Pillar of which the NWCI is a member organisation. Officials also attended these engagements. Separately, my Department...

Written Answers — Department of Finance: Tax Reliefs (24 Feb 2022)

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme 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. Under DDS provisions, the reliefs from VRT and VAT are generous in nature amounting to up to €10,000, €16,000 or €22,000, depending on the level of adaption required for...

Written Answers — Department of Finance: Banking Sector (24 Feb 2022)

Paschal Donohoe: I published the 8th Update Report from the Special Liquidators in July 2021 and this report is available on my department's website. This report highlighted the ongoing impact which COVID-19 was having on some of the key aspects to delivering a successful winding up of IBRC. In particular, COVID-19 impacted the asset realisation strategies of the Special Liquidators, as well as the timely...

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: How much do your measures cost?

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: The Parliamentary Budget Office is available to you. I will repeat the question. How much do your proposals cost?

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: The Rural Independent Group does not know the answer to the question.

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: It is bringing forward a proposal for a mini-budget without any understanding of the cost involved in that mini-budget.

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: They are bringing forward these ideas with no concept or acknowledgement with regard to the cost of them.

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: When I made my opening statement, I did so anchored in an appreciation of the challenges that many people face. What we have in front of us are proposals brought forward by a group with no sense or reference as to the cost of those proposals. Let me inform the Dáil of roughly what that cost would be.

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: These figures are available to the Rural Independent Group but it is not interested in checking them. The overall value of the proposals that are being brought forward by the Rural Independent Group is approximately €3 billion.

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: These measures are being brought forward with no recognition of the cost or the challenge involved in funding them. There are over €3 billion worth of proposals here, with no sense or recognition as to how they could be paid for or funded.

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: The consequence of all of this is would be to heap further difficulty on other people by way of higher debt. The ideas are brought forward by the Rural Independent Group, but it has no idea of the cost of them and no proposal for how they would be paid.

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: The only thing the Rural Independent Group is independent of is credibility.

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: It is independent of common sense in that yet again it is bringing forward proposals with no recognition of how much they would cost. It is because of that it is devoid of credibility and empty in any sense of recognition or credibility with regard to what needs to be done to help those who are suffering the most.

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: What was also completely absent in the Rural Independent Group contributions today was any mention that those who are in the farming sector, who provide such a valuable contribution to our country, economy and society, qualify for double income tax relief in regard to carbon taxing. Do the Deputies know that?

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: Did the Deputies just choose to ignore it?

Supplementary Budget for Rural Communities and Farmers: Motion [Private Members] (23 Feb 2022)

Paschal Donohoe: I suspect they either did not know it or they chose not to bring it up.