Results 8,441-8,460 of 32,527 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Covid-19 Pandemic Supports (25 May 2021)

Paschal Donohoe: The Covid Restrictions Support Scheme (CRSS) is a targeted support for businesses significantly impacted by restrictions introduced by the Government under public health regulations to combat the effects of the Covid-19 pandemic. The support is available to companies, self-employed individuals and partnerships who carry on a trade or trading activities, the profits from which are chargeable...

Written Answers — Department of Finance: Financial Services (25 May 2021)

Paschal Donohoe: The Statute of Limitations does not apply to the Central Bank’s powers to impose penalties on financial institutions for breaches of regulatory requirements under its Administrative Sanctions Procedure. In some instances, the Central Bank has the power to prosecute financial institutions for criminal offences under financial services legislation. Where the Central Bank has such a...

Written Answers — Department of Finance: Tax Rebates (25 May 2021)

Paschal Donohoe: I propose to take Questions Nos. 191 and 194 together. The Drivers and Passengers with Disabilities Scheme provides for repayment or remission of Value-Added Tax (VAT) and Vehicle Registration Tax (VRT), up to a certain limit, on the purchase of an adapted vehicle for the transport of a person with specific severe and permanent physical disabilities. It also provides for exemption from motor...

Written Answers — Department of Finance: Departmental Schemes (25 May 2021)

Paschal Donohoe: I am informed by Revenue that the number of applications approved and the cost to the Exchequer of the disabled drivers passenger vehicles and the fuel grant schemes by engine type in the years 2016 to 2020 is provided in the tables attached. Where the number is fewer than 10, these are indicated as such (“<10”) in accordance with Revenue’s statistical disclosure...

Written Answers — Department of Finance: Departmental Schemes (25 May 2021)

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. The Scheme is open to severely and permanently disabled persons as a driver or as a passenger and also to certain organisations. In order to qualify for relief an organisation must be entered in...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (25 May 2021)

Paschal Donohoe: The Financial Provisions (Covid-19) (No. 2) Act 2020 (Act No. 8 of 2020) provides for the introduction of the Employment Wage Subsidy Scheme (EWSS), which is an economy-wide enterprise support that gives a flat rate subsidy to qualifying employers based on the numbers of eligible employees on their payroll and the level of gross pay (to employees). The EWSS replaced the Temporary Wage Subsidy...

Written Answers — Department of Finance: Tax Code (25 May 2021)

Paschal Donohoe: Department of Social Protection (DSP) payments are generally classified as income and as such are liable to income tax but not Universal Social Charge (USC) and PRSI. This includes the State contributory pension and any weekly payments for adult dependants. The way in which tax is collected from DSP payments is dependent on whether a person is taxed through the PAYE system or through...

Written Answers — Department of Finance: Tax Exemptions (25 May 2021)

Paschal Donohoe: I refer the Deputy to my reply to him of 21 April last (No. 522) in which I advised that agricultural and forestry contractors were not currently eligible for tax relief under section 664A of the Taxes Consolidation Act 1997 as they are not considered to be carrying on a trade of farming. This is because farming, which is defined in section 654 of the Taxes Consolidation Act 1997, requires...

Written Answers — Department of Finance: Customs and Excise (25 May 2021)

Paschal Donohoe: It is assumed that the Deputy is referring to cross border sales of wine over the internet to consumers in Ireland. Such sales of alcohol products are referred to as “distance sales”. Distance sales of alcohol products from one EU Member State to a consumer in another Member State are subject to VAT in the Member State of destination of the supply, which would be Ireland...

Written Answers — Department of Finance: Tax Credits (25 May 2021)

Paschal Donohoe: As announced in my Budget 2021 speech, officials in my Department have commenced work on the development of a tax credit for the digital gaming sector. This is a sector that has seen exponential global growth in the past decade, which has not been reflected in the industry growth here in Ireland, and there are potential synergies with our established film and animation sectors to support...

Written Answers — Department of Finance: Departmental Data (25 May 2021)

Paschal Donohoe: For operational security reasons, my Department is not in a position to provide any details of its data security systems or those of the bodies under its aegis, as it would be inappropriate to disclose information that may in any way assist those with malicious intent.

Written Answers — Department of Finance: Tax Code (25 May 2021)

Paschal Donohoe: I propose to take Questions Nos. 203 and 210 together. As the Deputy is aware, on Wednesday 19th May a Financial Resolution before the Dáil, was passed which had the immediate effect of imposing a stamp duty rate of 10% on the multiple purchase of 10 or more residential property units, subject to certain conditions and exemptions. This higher charge will also apply to a...

Written Answers — Department of Finance: Vehicle Registration Tax (25 May 2021)

Paschal Donohoe: I am advised by Revenue that its approach to enforcement of the law relating to Vehicle Registration Tax (VRT) is that in each instance where a failure to comply with the relevant legal requirements is detected, the matter is dealt with in a manner that is fair and proportionate in the circumstances of the particular case. In certain instances, a warning will be given or a VRT Demand Notice...

Written Answers — Department of Finance: Vehicle Registration Tax (25 May 2021)

Paschal Donohoe: I am informed by Revenue that in relation to VRT, the number of vehicles which were the subject of a written warning; detained under section 140 of the Finance Act 2001; seized under section 141 of the Finance Act 2001; and/or where a compromise penalty was paid under S144(2) and/or S128(5) of the Finance Act 2001 for each of the years 2015 to 2020 are as set out in the following table. ...

Written Answers — Department of Finance: Tax Code (25 May 2021)

Paschal Donohoe: I am aware that the European Commission published a Communication titled Business Tax in the 21stCentury last week. The Communication will be carefully examined by my officials recognising the intention of the Commission to bring forward a series of legislative proposals over the coming years. Once legislative proposals are published by the Commission, we will consider each in detail on...

Written Answers — Department of Finance: Departmental Legal Services (25 May 2021)

Paschal Donohoe: I can advise the Deputy that the amount my Department incurred in respect of external professional legal services in 2014, 2019 and 2020 are outlined in tabular form. Year External Legal Fees Amount 2014 €1,128,588 2019 €428,282 2020 €425,657 The Deputy might note that details...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (25 May 2021)

Paschal Donohoe: The Deputy may be aware that in accordance with Section 851A of the Taxes Consolidation Act 1997 Revenue is statutorily bound to confidentiality in respect of taxpayer information and is therefore precluded from disclosing taxpayer information. In relation to the Temporary Wage Subsidy Scheme (TWSS), section 28(8) of the Emergency Measures in the Public Interest (Covid-19) Act 2020...

Written Answers — Department of Finance: Primary Medical Certificates (25 May 2021)

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. The Scheme is open to severely and permanently disabled persons as a driver or as a passenger and also to certain organisations. In order to qualify for relief an organisation must be entered in...

Written Answers — Department of Finance: Cybersecurity Policy (25 May 2021)

Paschal Donohoe: For reasons of operational and national security it would not be appropriate to disclose details, including costs, of my Department’s Cyber Security arrangements, or those of State Agencies under my remit. Any information in relation to cyber security tools and services could assist criminals in identifying potential vulnerability in cybersecurity arrangements. Therefore it is not...

Written Answers — Department of Finance: Housing Issues (20 May 2021)

Paschal Donohoe: HBFI was established in late 2018 to address a shortfall of finance available for the construction of residential housing. HBFI was designed to increase access to residential development finance generally and in particular to projects that had not been the current focus of traditional or alternative lenders at that time. Since commencing operations at the end of January 2019, HBFI has...