Results 61-80 of 34,444 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Code (12 Nov 2025)

Paschal Donohoe: CAT is a beneficiary-based tax on gifts and inheritances that is payable on the value of the property received. For CAT purposes, the relationship between the person giving a gift or inheritance (i.e. the disponer) and the person who receives it (i.e. the beneficiary) determines the maximum amount, known as the “Group threshold”, below which CAT does not arise. There are three...

Written Answers — Department of Finance: Tax Code (12 Nov 2025)

Paschal Donohoe: Local Property Tax (LPT) was legislated for in 2012 in the Finance (Local Property Tax) Act 2012. The design of LPT was considered by an interdepartmental group chaired by Dr. Don Thornhill. As part of their terms of reference, the group were asked to “consider the design of a property tax to replace the household charge and that is equitable and is informed by previous work and...

Written Answers — Department of Finance: Tax Code (12 Nov 2025)

Paschal Donohoe: I am advised by Revenue that the VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law is obliged to comply. In general, the VAT Directive provides that all goods and services are liable to VAT at the standard rate, unless they are either specifically exempt from VAT or they fall within the categories listed in Annex III of the Directive, to which Member States...

Written Answers — Department of Finance: Tracker Mortgages (12 Nov 2025)

Paschal Donohoe: I can confirm that the matter the Deputy raised with the Tánaiste in Dáil Éireann on 6 November 2025, and which is the subject of this question, was referred to me for attention. It is accepted that tracker mortgage failings by lenders has caused significant distress and, in some cases has had devastating consequences, for their affected customers. The Central Bank of...

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (Resumed) (6 Nov 2025)

Paschal Donohoe: I move amendment No. 25: In page 56, lines 22 to 24, to delete all words from and including “date” in line 22 down to and including “development” in line 24 and substitute “relevant date”.

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (Resumed) (6 Nov 2025)

Paschal Donohoe: I move amendment No. 26: In page 56, line 27, to delete “subsection (3)” and substitute “subsection (4)”.

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (Resumed) (6 Nov 2025)

Paschal Donohoe: I move amendment No. 27: In page 57, between lines 24 and 25, to insert the following: “ ‘qualifying trade’, in relation to a relevant contractor, means a trade carried out by the relevant contractor, which— (a) is not an excepted trade, and (b) consists wholly or mainly of the construction or refurbishment of buildings or structures;”.

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (Resumed) (6 Nov 2025)

Paschal Donohoe: I move amendment No. 28: In page 57, between lines 27 and 28, to insert the following: “ ‘relevant beneficial owner’ means a beneficial owner of a completed development that is not a relevant person in respect of that completed development;”.

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (Resumed) (6 Nov 2025)

Paschal Donohoe: I move amendment No. 29: In page 57, between lines 36 and 37, to insert the following: “ ‘relevant contractor’, in relation to a completed development, means a company that develops the completed development pursuant to a contract entered into with the beneficial owner, or where there is more than one beneficial owner, the beneficial owners, of that completed...

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (Resumed) (6 Nov 2025)

Paschal Donohoe: I move amendment No. 30: In page 58, to delete lines 1 to 7 and substitute the following: “ ‘relevant person’ means— (a) a property developer that— (i) in the course of a relevant property development trade, develops a completed development, and (ii) on the relevant date is a beneficial owner of the completed development, or (b) a relevant...

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (Resumed) (6 Nov 2025)

Paschal Donohoe: I move amendment No. 31: In page 58, between lines 21 and 22, to insert the following: “(3) (a) Where, on the relevant date, a completed development is beneficially owned by a relevant beneficial owner, then— (i) the relevant beneficial owner, or (ii) where there is more than one relevant beneficial owner, each relevant beneficial owner, may make a declaration in...

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (Resumed) (6 Nov 2025)

Paschal Donohoe: I move amendment No. 32: In page 58, line 22, to delete “(3) Where—” and substitute “(4) Where—”.

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (Resumed) (6 Nov 2025)

Paschal Donohoe: I move amendment No. 33: In page 58, line 26, to delete “relevant property development trade” and substitute “relevant property development trade or a qualifying trade, as the case may be,”.

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (Resumed) (6 Nov 2025)

Paschal Donohoe: I move amendment No. 34: In page 58, line 34, to delete “subsection (4)” and substitute “subsection (5)”.

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (Resumed) (6 Nov 2025)

Paschal Donohoe: I move amendment No. 35: In page 58, to delete line 35 and substitute “(5) Subject to subsections (6) and (7), the amount of the enhanced”.

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Finance Bill 2025: Committee Stage (Resumed) (6 Nov 2025)

Paschal Donohoe: I move amendment No. 37: In page 59, to delete line 6 and substitute the following: “(6)The amount of the enhanced deduction in respect of a completed”.