Results 8,001-8,020 of 33,175 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Illicit Trade (20 Oct 2021)

Paschal Donohoe: I am advised by Revenue that they use a range of measures to tackle the sale of illicit cigarettes on the black market. At the core of these measures is identifying and targeting the smuggling of illicit tobacco products into the State, with a view to disrupting the supply chain, seizing the products and, where possible, prosecuting those involved. Revenue’s strategy involves...

Written Answers — Department of Finance: Departmental Contracts (20 Oct 2021)

Paschal Donohoe: Deputy, in relation to your question concerning Kinzen Limited previously known as Neva Labs, I wish to advise that no meetings have been held and no correspondence has been conducted with this company, either by myself or by any official from my Department. I can also confirm that my Department has not engaged the services of Kinzen Limited previously known as Neva Labs and that no payment...

Written Answers — Department of Finance: Tax Code (20 Oct 2021)

Paschal Donohoe: Council Directive 2011/64/EU sets out EU rules on the structure and rates of excise duty applied to manufactured tobacco. The Directive defines and classifies various manufactured tobacco products according to their characteristics and lays down the relevant minimum rates of excise duty for the different types of products. The purpose of the Directive is to ensure the proper functioning of...

Written Answers — Department of Finance: Customs and Excise (20 Oct 2021)

Paschal Donohoe: Council Directive 92/83/EEC, also known as the “Alcohol Structures Directive”, lays down a harmonised approach for the application of excise duties on alcohol and alcoholic beverages in the EU. It sets out the categories of alcohol and alcoholic beverages that fall within scope of taxation and the basis on which excise duties on such products are to be established. Council...

Written Answers — Department of Finance: Customs and Excise (20 Oct 2021)

Paschal Donohoe: I am informed by Revenue that the necessary data are not provided on tax returns to enable an accurate estimate of the cost of extending the 50% excise relief (available to qualifying microbreweries) to cider brewers and other fermented beverage manufacturers. The following table sets out the value of Alcohol Products Tax (APT) relief for beer produced in qualifying microbreweries for the...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (20 Oct 2021)

Paschal Donohoe: Section 28B of the Emergency Measures in the Public Interest (Covid-19) Act 2020 provides for the Employment Wage Subsidy Scheme (EWSS) which is an economy-wide enterprise support for eligible businesses. The Finance (Covid-19 and Miscellaneous Provisions) Act 2021, signed into law on 19 July, provided for the extension of EWSS to 31 December 2021, ensuring that the scheme continues to...

Written Answers — Department of Finance: Tax Code (20 Oct 2021)

Paschal Donohoe: The current stamp duty rate for non-residential property, which includes agricultural land, is 7.5%. Farming is first and foremost a business, and indeed section 655 of the Taxes Consolidation Act 1997 states "For the purposes of the Tax Acts, farming shall be treated as the carrying on of a trade or, as the case may be, of part of a trade, and the profits or gains of farming shall...

Written Answers — Department of Finance: Tax Code (20 Oct 2021)

Paschal Donohoe: The Housing for All Strategy was developed in consultation with all relevant Government Departments, including my own. The measures set out in the strategy, together with the associated timeframes for delivery, represent the current actions for priority attention in order to increase the supply of residential property. Having said this, the Deputy will be aware of the Living City...

Written Answers — Department of Finance: Tax Code (20 Oct 2021)

Paschal Donohoe: I propose to take Questions Nos. 90, 91 and 92 together. Local Property Tax (LPT) is a self-assessed tax.  As such, for the new ‘valuation period’ of 2022 to 2025, it is a matter for residential property owners themselves to determine the market value of their property as at 1 November 2021, calculate the LPT due and submit an LPT Return to Revenue by 7 November...

Written Answers — Department of Finance: Tax Code (20 Oct 2021)

Paschal Donohoe: I propose to take Questions Nos. 93 and 94 together. Background Prior to 2000, income tax allowed for full joint assessment of married couples.  This meant that the earner in a single income couple could use the combined tax credits and standard rate band available to both individuals – i.e. double the personal tax credit and rate band available to a single earner.  As a...

Written Answers — Department of Finance: Banking Sector (20 Oct 2021)

Paschal Donohoe: I am aware that officials in my Department have sought clarification from the Deputy in relation to this parliamentary question. If the nature of the question is clarified, a further reply can be provided directly. The details supplied to this parliamentary question also makes reference to a media article from 2020. Mr David Tynan of PwC was appointed to the role of Assessor pursuant...

Written Answers — Department of Finance: Gambling Sector (19 Oct 2021)

Paschal Donohoe: I propose to take Questions Nos. 351 and 353 together. The regulation of gambling in Ireland is primarily the responsibility of my colleague, the Minister for Justice and is provided for under the Betting Act 1931. Under that Act, any business which involves entering into bets with persons in Ireland by remote means must hold a Remote Bookmaker’s Licence.  Revenue issues...

Written Answers — Department of Finance: Gambling Sector (19 Oct 2021)

Paschal Donohoe: I am advised by Revenue that it issues Remote Bookmaker Licences, Remote Betting Intermediary Licences and Bookmaker Licences on receipt of a Certificate of Personal Fitness, tax clearance certification and the relevant Excise licence fee from the applicant. Revenue also issues Gaming Licenses on receipt of a District Court Certificate, tax clearance certification and the relevant Excise...

Written Answers — Department of Finance: Departmental Schemes (19 Oct 2021)

Paschal Donohoe: Section 118(5G) of the Taxes Consolidation Act 1997 (TCA 1997) provides for the ‘Cycle to Work’ scheme. This scheme provides an exemption from benefit-in-kind (BIK) where an employer purchases a bicycle and associated safety equipment for an employee. The scheme is designed to be administratively simple in order to encourage employers to participate. Under section 118B TCA...

Written Answers — Department of Finance: Primary Medical Certificates (19 Oct 2021)

Paschal Donohoe: I propose to take Questions Nos. 355 and 356 together. The Disabled Drivers & Disabled Passengers Scheme 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 disabled persons as a driver or as a passenger and also to certain...

Written Answers — Department of Finance: Pensions Reform (19 Oct 2021)

Paschal Donohoe: It is assumed that the Deputy’s Question concerns the rules relating to retirement age and the level of drawdowns from Approved Retirement Funds (ARF).  I am advised by Revenue that there is no link between the age at which a person may access her/his ARF and the age at which a person may receive a State social welfare pension.  Such pensions are a matter for the Minister for...

Written Answers — Department of Finance: Tax Rebates (19 Oct 2021)

Paschal Donohoe: The Diesel Rebate Scheme (DRS) for hauliers and bus operators, has been continuously in operation since 1 July 2013.   The DRS is operated by the Revenue Commissioners, who will repay some of the mineral oil tax paid by a qualifying road transport operator when the diesel is: - purchased by the business within the state - used in the course of business...

Written Answers — Department of Finance: Insurance Coverage (19 Oct 2021)

Paschal Donohoe: I am aware of the issue of equal access to financial services, such as mortgage protection cover, for those who have recovered from cancer, including breast cancer.  At the outset, it should be noted that neither I, nor the Central Bank of Ireland, can intervene in the provision or pricing of insurance products, or have the power to direct insurance companies to provide cover to specific...

Written Answers — Department of Finance: Pension Levy (19 Oct 2021)

Paschal Donohoe: I assume the Deputy is referring to the Stamp Duty levy on pension schemes. I am advised by Revenue that amounts of levy collected, for the years 2011 to 2015, are published on the Revenue website at www.revenue.ie/en/corporate/information-about-revenue/statis tics/receipts/receipts-stamp-duty.aspx. For the convenience of the Deputy, the amounts of the levy collected are as follows:...

Written Answers — Department of Finance: Departmental Schemes (19 Oct 2021)

Paschal Donohoe: Section 118(5G) of the Taxes Consolidation Act 1997 (TCA 1997) provides for the ‘Cycle to Work’ scheme. This scheme provides an exemption from benefit-in-kind (BIK) where an employer purchases a bicycle and associated safety equipment for an employee. Under section 118B TCA 1997 an employer and employee may also enter into a salary sacrifice arrangement under which the employee...