Results 9,061-9,080 of 33,175 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Primary Medical Certificates (27 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: Defective Building Materials (27 May 2021)

Paschal Donohoe: At the outset, it is important to note 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 individuals or businesses, including those referenced in the question. This position is reinforced by the EU framework for insurance (the Solvency II Directive)....

Written Answers — Department of Finance: Defective Building Materials (27 May 2021)

Paschal Donohoe: As the Deputy may be aware, there have been a small number of tax-based measures in recent years concerned with the remediation of private dwellings. The Living City Initiative is a tax incentive aimed at the regeneration of the historic inner cities of Dublin, Cork, Galway, Kilkenny, Limerick and Waterford. The scheme provides income or corporation tax relief for qualifying expenditure...

Written Answers — Department of Finance: Customs and Excise (27 May 2021)

Paschal Donohoe: Council Directive 2020/1151 amends the Alcohol Products Tax Directive. The revision provides for mandatory changes and optional changes. Among the optional changes is a provision to allow Member States to apply reduced rates of excise to small cider producers. Options around relief for small cider producers will be included in the Tax Strategy Group Papers. Any decision on the provision of...

Written Answers — Department of Finance: Defective Building Materials (27 May 2021)

Paschal Donohoe: My colleague the Minister for Housing, Local Government and Heritage is responsible for the defective concrete blocks remediation financial assistance scheme and his Department will be best place to advise on the requirements and operation of the scheme. In relation to any contributions which financial institutions may contribute to the mica redress scheme, that is a matter for each...

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

Paschal Donohoe: I consider that the primary objective of a vacant residential property tax would be to increase the supply of homes for rent or purchase to meet demand rather than increasing tax revenues. However, before introducing such a tax it is of course important to have a sound understanding of the quantity, locations and characteristics of long term vacant dwellings, and the reasons why they are...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (26 May 2021)

Paschal Donohoe: Section 28B of the Emergency Measures in the Public Interest (Covid-19) Act 2020 provides for the operation of the Employment Wage Subsidy Scheme (EWSS), which is an economy-wide enterprise support for eligible businesses in respect of eligible employees. It provides a flat-rate subsidy to qualifying employers based on the numbers of paid and eligible employees on the employer’s...

Written Answers — Department of Finance: Tax Rebates (26 May 2021)

Paschal Donohoe: The Diesel Rebate Scheme (DRS) is provided for in Section 99A of the Finance Act 1999. Under the DRS, qualifying road transport operators may qualify for a repayment of part of the mineral oil tax paid on auto-diesel purchased in the State for use in the course of their business. Applications by qualifying operators for repayments are made in respect of a quarterly repayment period. I am...

Written Answers — Department of Finance: Fiscal Data (26 May 2021)

Paschal Donohoe: Deputy, the table below displays general government net worth data for the requested years. 2000 2005 2010 2015 2020 General government net worth (€ millions) 42,242 83,084 6,398 -51,469 -39,322 Source: Central Statistics Office

Written Answers — Department of Finance: Covid-19 Pandemic Supports (26 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: Cybersecurity Policy (26 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: Cybersecurity Policy (26 May 2021)

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

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

Paschal Donohoe: I propose to take Questions Nos. 172 and 197 together. The Help to Buy (HTB) incentive is a scheme to assist first-time purchasers with the deposit they need to buy or build a new house or apartment. The incentive provides a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in Ireland over the previous four years, subject to limits outlined in the legislation. In the case of...

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

Paschal Donohoe: I propose to take Questions Nos. 173 and 174 together. I am advised by Revenue that the breakdown of the number of convictions under section 1078 of the Taxes Consolidation Act 1997 by tax head in respect of 2011 to 2020 inclusive, as set out in the following table: Year Income Tax VAT Corporation Tax PAYE Employer PAYE Relevant...

Written Answers — Department of Finance: EU Agreements (25 May 2021)

Paschal Donohoe: As the Deputy will be aware, EU leaders reached agreement in July 2020 on the Multiannual Financial Framework (MFF) and Next Generation EU (NGEU) package totalling €1.82 trillion. This is a good deal for Europe, and is an unprecedented response by the EU to assist with the impact of the Covid crisis. It is a strong signal that the EU is determined to chart the pathway to recovery...

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

Paschal Donohoe: Ireland supports the EU list of non-cooperative tax jurisdictions which has proven to be a powerful tool to encourage countries around the world to implement globally agreed tax reform measures. Last year in Finance Act 2020 I introduced enhanced CFC (Controlled Foreign Company) Rules to apply to businesses in jurisdictions included in the EU list of harmful tax jurisdictions. Ireland,...

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

Paschal Donohoe: To answer the Deputy's question, no end date for the Employment Wage Subsidy Scheme (EWSS) has been set as yet. The objective of the EWSS is to support all employment and maintain the link between the employer and employee insofar as is possible. The EWSS has been a key component of the Government’s response to the continued Covid-19 crisis to support viable firms and encourage...

Written Answers — Department of Finance: Banking Sector (25 May 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 to...

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

Paschal Donohoe: I am advised by Revenue that vehicles are only de-registered and vehicle registration tax (VRT) repaid in very exceptional circumstances. This includes where the exceptional circumstances occur within seven working days of the date of registration and where the vehicle has not been licensed for use in a public place, i.e. road-tax has not been paid and, that the application for...

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...