Results 9,281-9,300 of 32,572 for speaker:Paschal Donohoe

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

Paschal Donohoe: The Deputy will be aware that since 1 January 2021, the UK has been outside the EU Single Market and Customs Union, and the trading relationship between Ireland and Great Britain has changed considerably. Compliance with relevant customs and other regulatory controls such as sanitary and phytosanitary (SPS) measures are now an integral part of trade with Great Britain. As a result, imports...

Written Answers — Department of Finance: Credit Availability (25 Feb 2021)

Paschal Donohoe: While regulated lenders must comply with the various rules within the consumer protection and macroprudential regulatory frameworks, the extension of credit by lenders to potential customers is a commercial decision for the lender themselves. As such, each lender will have its own individual credit lending policies and loan underwriting criteria and it will be a matter for each lender to...

Written Answers — Department of Finance: Public Procurement Contracts (25 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 76 and 77 together. I wish to advise the Deputy that the information requested in relation to contracts for Covid-19 related spending in 2020 and 2021 that took place via negotiated procedure without prior publication in my Department is outlined below in tabular form. Number of procurement contracts 1 Total value of...

Written Answers — Department of Finance: Financial Services and Pensions Ombudsman (24 Feb 2021)

Paschal Donohoe: Firstly, I must point out that the Financial Services and Pensions Ombudsman (FSPO) is independent in the performance of his statutory functions. I have no role in the day to day workings of the office or in the decisions which he takes. I am advised that where a complaint is made to the FSPO concerning a joint account or a joint policy, the FSPO must recognise that all parties to the...

Written Answers — Department of Finance: Help-To-Buy Scheme (24 Feb 2021)

Paschal Donohoe: Section 477C of the Taxes Consolidation Act of 1997 provides for The Help to Buy scheme (HTB). HTB was initially announced on 19 July 2016 as part of the ‘Rebuilding Ireland: Action Plan for Housing and Homelessness’. An increase in the supply of new housing is fundamental to resolving the current housing crisis. One of the main aims of the policy underpinning the design of...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (24 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 155, 164 and 210 together. The 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...

Written Answers — Department of Finance: Departmental Offices (24 Feb 2021)

Paschal Donohoe: I wish to advise that my Department does not have any facilities for breastfeeding in its offices.

Written Answers — Department of Finance: Departmental Correspondence (24 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 157, 161, 170, 185, 187, 192, 194, 195, 200, 205, 215, 219 and 230 together. As the Deputies are aware, as Minister for Finance I have no role in the day to day operations of any bank operating within the State including banks in which the State has a shareholding. I'm precluded from intervening on behalf of any individual customer in any particular bank....

Written Answers — Department of Finance: Tax Credits (24 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 158 and 184 together. I am advised by Revenue that self-employed taxpayers file their tax returns (Form 11) at a later date than PAYE individuals (Form 12). As the most recent tax year for which tax returns for both self-employed taxpayers and PAYE individuals are available is 2018, it is not yet possible to provide comprehensive data for 2019 or 2020. Revenue...

Written Answers — Department of Finance: Covid-19 Pandemic Unemployment Payment (24 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 159 and 160 together. Revenue has advised me as follows: The continuation of the Pandemic Unemployment Payment (PUP) into 2021 has re-established the practice of operating PAYE in the normal (real-time) manner for such payments. It is also important to note that PUP recipients will only pay tax when they return to work. When a recipient returns to...

Written Answers — Department of Finance: Mortgage Insurance (24 Feb 2021)

Paschal Donohoe: While I have an appreciation of the difficulties individuals may find themselves in as a result of the COVID-19 pandemic, neither I, nor the Central Bank of Ireland, can interfere in the provision or pricing of insurance products or have the power to direct insurance companies to provide cover to specific individuals or businesses. This position is reinforced by the EU framework for insurance...

Written Answers — Department of Finance: Tax Data (24 Feb 2021)

Paschal Donohoe: I am advised by Revenue that receipts for Mineral Oil Tax (MOT) and carbon tax on liquid fuels for the years up to year 2019 are published on the Revenue website at: The provisional receipts from MOT and carbon tax for 2020 are shown in the table below. Mineral Oil Tax Carbon Tax 2020 €m 2020 €m Petrol ...

Written Answers — Department of Finance: Covid-19 Pandemic Unemployment Payment (24 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 165 and 186 together. The Pandemic Unemployment Payment (PUP) is a social welfare payment for workers who have become unemployed due to the COVID-19 pandemic. PUP payments are classified in legislation as income supports and are subject to income tax. The taxation arrangements for the PUP were legislated for in Finance Act 2020 which reflects the standard...

Written Answers — Department of Finance: Brexit Issues (24 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 166 to 169, inclusive, together. Following the withdrawal of the UK from the European Union, an import of a vehicle from Great Britain is treated as an import from a third country, i.e. a non-EU country. If a vehicle is imported from Great Britain into Ireland, the importer is required to complete a customs declaration and pay customs duty, if applicable, and...

Written Answers — Department of Finance: Vehicle Registration Tax (24 Feb 2021)

Paschal Donohoe: I am informed by Revenue that some customers experienced difficulties with the VRT calculator between 9 February and 15 February. The calculator returned an error message in some cases but is working satisfactorily since the error was corrected and the service was restored on Monday 15 February. Revenue’s website provides a very broad range of information spanning the entire body...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (24 Feb 2021)

Paschal Donohoe: The wage subsidy schemes have been a key component of the Government’s response to the continued Covid-19 crisis to support viable firms and encourage employment in the midst of these very challenging times. The Temporary Wage Subsidy Scheme (TWSS) was introduced on 26 March 2020 and legislated for in section 28 of the Emergency Measures in the Public Interest (Covid-19) Act 2020....

Written Answers — Department of Finance: Covid-19 Pandemic Supports (24 Feb 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. Details of the CRSS are set out in Finance Act 2020 and operational guidelines are published on the Revenue website at link; . I am advised by Revenue that all...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (24 Feb 2021)

Paschal Donohoe: I am advised by Revenue that Employment Wage Subsidy Scheme (EWSS) payments are generally made to employer nominated back accounts within two working days of receipt of the relevant payroll submissions. Revenue has also confirmed that the EWSS payments in question were paid to the person’s nominated bank account on 18 February 2021. Revenue contacted the person’s tax agent...

Written Answers — Department of Finance: Mortgage Lending (24 Feb 2021)

Paschal Donohoe: I appreciate the stress and uncertainty that many borrowers are facing at this difficult time, and those borrowers who are experiencing difficulty in meeting their repayments will continue to need assistance and support from their lenders. In this regard it is the clear expectation of both the Government and the Central Bank that lenders engage effectively and sympathetically with distressed...

Written Answers — Department of Finance: Mortgage Lending (24 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 176 and 177 together. It is the clear expectation of both the Government and the Central Bank that lenders engage effectively and sympathetically with distressed borrowers to deliver appropriate and sustainable solutions and treat borrowers at all times, including in response to COVID-19, in line with Central Bank’s robust consumer protection...