Results 7,801-7,820 of 32,527 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Ministerial Appointments (9 Sep 2021)

Paschal Donohoe: I wish to advise the Deputy that the named individual has not held any formal or informal roles in the name of my Department, or any of the bodies under the aegis of my Department, during the lifetime of this Government.

Written Answers — Department of Finance: Tax Code (9 Sep 2021)

Paschal Donohoe: I am advised by Revenue that the specification for the identification mark (the “registration plate”) that must be displayed on all vehicles is contained in the Vehicle Registration and Taxation Regulations, 1992 (S.I. No. 318 of 1992).  These Regulations do not permit personalised registration plates. The existing identification mark is integral to the operations of a...

Written Answers — Department of Finance: Telecommunications Services (9 Sep 2021)

Paschal Donohoe: I wish to inform the Deputy that I use Signal in my capacity as President of Eurogroup. An account was created following my election as President of Eurogroup, in line with a general recommendation on the use of messaging services by EU institutions. Neither of my advisers have utilised either service.

Written Answers — Department of Finance: Covid-19 Pandemic Supports (9 Sep 2021)

Paschal Donohoe: I am informed that, on an indicative basis and assuming that all other elements remain broadly equal, it is estimated very roughly that the cost of extending the Employment Wage Subsidy Scheme in its current form would be of the order of €1.4 billion per quarter for each full quarter out to end-June 2022.

Written Answers — Department of Finance: Covid-19 Pandemic Supports (9 Sep 2021)

Paschal Donohoe: I am informed that, on an indicative basis and assuming that all other elements remain broadly equal, it estimated very roughly that the cost of extending the Employment Wage Subsidy Scheme in its current form would be of the order of €1.4 billion per quarter for Q4, 2021 and Q1, 2022.  I am further informed that extending the scheme in Q2, 2022 using the rate structure...

Written Answers — Department of Finance: Tax Code (9 Sep 2021)

Paschal Donohoe: Section 472B of the Taxes Consolidation Act 1997 provides for the Seafarers' Allowance and section 472BA provides for the Fisher Tax Credit. The incentives are intended to support those working in the commercial maritime sector. The Seafarers' Allowance provides an allowance of €6,350 to individuals working in the shipping transport...

Written Answers — Department of Enterprise, Trade and Employment: Enterprise Support Services (27 Jul 2021)

Paschal Donohoe: In accordance with the Agreement on the Withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union, from 1 January 2021 onwards, goods imported from Great Britain must be declared to Customs, and the goods are liable to customs duty (if applicable) and VAT at import. The Agreement is clear that this applies to all goods, and it leaves no possibility for a...

Written Answers — Department of Finance: Grant Payments (27 Jul 2021)

Paschal Donohoe: The Department of Finance does not provide any grants for the purchase of a vehicle but instead administers the Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme which 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...

Written Answers — Department of Finance: Vehicle Registration Tax (27 Jul 2021)

Paschal Donohoe: I am advised by Revenue that the number of vehicles registered for Vehicle Registration Tax (VRT) to end June 2021, and the tax collected on these registrations, are provided in the table below. These figures are provisional and are therefore subject to potential future revisions. Total Receipts €m ...

Written Answers — Department of Finance: Brexit Issues (27 Jul 2021)

Paschal Donohoe: In accordance with the Agreement on the Withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union, from 1 January 2021 onwards, goods imported from Great Britain must be declared to Customs, and the goods are liable to customs duty (if applicable) and VAT at import. The Agreement is clear that this applies to all goods, and it leaves no possibility for a...

Written Answers — Department of Finance: Tax Code (27 Jul 2021)

Paschal Donohoe: I propose to take Questions Nos. 294 and 443 together. I am advised by Revenue that the VAT rating of goods and services is subject to EU VAT legislation with which Irish VAT law must comply. In general, the EU VAT Directive provides that all goods and services are liable to VAT at the standard rate, currently 23% in Ireland, unless they fall within categories of goods and services...

Written Answers — Department of Finance: Tax Yield (27 Jul 2021)

Paschal Donohoe: I propose to take Questions Nos. 295, 401 and 402 together. Revenue publishes detailed quarterly and end of year statistics on Local Property Tax (LPT), on its website at link: Among other information, these statistics include the amount of LPT collected by each Local Authority in each year since 2013 and for the first two quarters of 2021.

Written Answers — Department of Finance: Insurance Industry (27 Jul 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 liability, and employer liability insurance. The whole-of-Government approach being taken through the Action Plan for Insurance Reformtherefore sets out 66 actions which aim to improve both the cost and availability of this key financial...

Written Answers — Department of Finance: Insurance Industry (27 Jul 2021)

Paschal Donohoe: This Government is committed to improving the cost and availability of insurance for all consumers, businesses and community groups. In this regard, the Action Plan for Insurance Reformsets out 66 actions across a number of policy areas. As the Deputy may be aware, the Government recently published the first Action Plan Implementation Report, which shows that work is progressing well to...

Written Answers — Department of Finance: Tax Data (27 Jul 2021)

Paschal Donohoe: I am informed by Revenue that the estimated cost of Medical Insurance Relief is included in the ‘Costs of Tax Expenditures Publication’(Credits, Allowances and Reliefs), which is available at link: . For the convenience of the Deputy, the publication states that the cost of Medical Insurance Relief in 2018 was €355.7m and over 1.25m taxpayers claimed this relief. The...

Written Answers — Department of Finance: Banking Sector (27 Jul 2021)

Paschal Donohoe: Since the COVID-19 situation first arose, I have maintained contact with the BPFI and lenders on the measures they have put in place to assist their customers who are economically impacted by the pandemic. In relation to the particular issue of new mortgage lending, the main retail banks previously confirmed that they are considering mortgage applications and mortgage drawdowns in relation...

Written Answers — Department of Finance: Electric Vehicles (27 Jul 2021)

Paschal Donohoe: In Finance Act 2019 I legislated for a CO2-based benefit-in-kind (BIK) regime for company cars from 1/1/2023. From that date the amount taxable as BIK remains determined by the car’s original market value (OMV) and the annual business kilometres driven, while new CO2 emissions-based bands will determine whether a standard, discounted, or surcharged rate is taxable. The number of...

Written Answers — Department of Finance: Tax Avoidance (27 Jul 2021)

Paschal Donohoe: I am advised by Revenue that, of the 517 Notices of Opinion issued by Revenue under section 811 of the Taxes Consolidation Act 1997, 72 are still under enquiry. Of the 445 Notices finalised, 12.4% (55 Notices), resulted in a settlement with Revenue which included additional tax. I understand that of the 445 notices finalised, 85.2% (379 notices), were withdrawn resulting in a nil yield...

Written Answers — Department of Finance: Tax Avoidance (27 Jul 2021)

Paschal Donohoe: I am advised by Revenue that there is no provision in the legislation to impose penalties or other consequences on professional advisors involved in advising or implementing transactions in respect of which Revenue issue a Notice of Opinion under the general anti-avoidance legislation in section 811 of the Taxes Consolidation Act (TCA) 1997, or an assessment under section 811C of the TCA...

Written Answers — Department of Finance: Insurance Industry (27 Jul 2021)

Paschal Donohoe: I am conscious of the difficulties that the absence or withdrawal of insurance cover can cause to homeowners and businesses, and that is one of the reasons the Government has prioritised insurance reform. While neither I, nor the Central Bank of Ireland, can interfere in the provision or pricing of insurance products, I can assure the Deputy that this Government is committed to improving the...