Results 9,361-9,380 of 32,547 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Ministerial Communications (17 Feb 2021)

Paschal Donohoe: On her appointment as Secretary of the US Treasury, I wrote to congratulate Janet Yellen. I have also written to Brian Deese, Director of the National Economic Council. In my capacity as President of the Eurogroup, I participated in a meeting of G7 Finance Ministers and Central Bank Governors on 12 February, in which Secretary Yellen and Jerome Powell, Chair of the Federal Reserve, also...

Written Answers — Department of Finance: Value Added Tax (17 Feb 2021)

Paschal Donohoe: I do not plan on extending the temporary reduction from 23% to 21% in the standard rate of VAT beyond the end of February.

Written Answers — Department of Education and Skills: Student Accommodation (17 Feb 2021)

Paschal Donohoe: Section 50 of Finance Act 1999 provided for a student accommodation scheme whereby expenditure incurred on student rental accommodation can be set against the rental income from the property and against other Irish rental income, thus reducing the taxable income of the person incurring the expenditure. The relevant provisions in the Taxes Consolidation Act 1997 are set out in Part 10,Chapter...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (11 Feb 2021)

Paschal Donohoe: 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 from which are chargeable to tax under Case I of Schedule D,...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (11 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 57 and 65 together. The purpose of the Stay and Spend scheme is to provide targeted support to businesses within the hospitality sector whose operations are likely to be most affected by continued restrictions on public health grounds. In relation to take-aways, food and drink service providers that operate on a take-away basis are not likely to be as...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (11 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 58, 59, 71, 72 and 74 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...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (11 Feb 2021)

Paschal Donohoe: The Department of Finance does not provide any grants for the purchase of a vehicle but instead administers the Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme which provides relief from VAT and VRT (up to a certain limit) on the purchase of an adapted car for transport of a person with specific severe and permanent physical disabilities, payment of a Fuel Grant, and an...

Written Answers — Department of Finance: Ports Facilities (11 Feb 2021)

Paschal Donohoe: Since 1 January 2021 the UK has been outside the EU Single Market and Customs Union and this means that a range of customs formalities and other regulatory controls apply to goods moving to, from or through the United Kingdom, excluding Northern Ireland. There is no alternative to the implementation of these formalities and controls because they are an essential part of maintaining the...

Written Answers — Department of Finance: Banking Sector (11 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 62 and 63 together. As the Deputy will be aware, I have met with representatives from both Ulster Bank and its parent company, NatWest in recent months. My most recent meeting was with the Chair of NatWest on the 17 December where I emphasised that Ulster Bank is an important part of the Irish banking landscape and I reiterated the importance of timely and...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (11 Feb 2021)

Paschal Donohoe: 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 from which are chargeable to tax under Case I of Schedule D,...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (11 Feb 2021)

Paschal Donohoe: As I am sure the Deputy is aware, to date, additional expenditure of well over €13 billion has been paid out with more planned still in 2021 to sustain businesses and help people to manage financially in the midst of these very difficult times. Sums of over €1 billion have been approved for over 50,000 businesses under the range of measures that the Tánaiste and...

Written Answers — Department of Finance: Ireland Strategic Investment Fund (11 Feb 2021)

Paschal Donohoe: I am advised by the Ireland Strategic Investment Fund (ISIF) that it has, to date, committed €937 million to housing related investments which are targeting delivery of 15,000 new homes by 2025. This is a very substantial contribution to new housing output. As a commercial investor on behalf of the State, ISIF takes a broad range of factors, including affordability, into...

Written Answers — Department of Finance: Ireland Strategic Investment Fund (11 Feb 2021)

Paschal Donohoe: I am informed that the Ireland Strategic Investment Fund does not currently have any investments in residential properties (directly) or platforms which are long-term holders of assets of this nature.

Written Answers — Department of Finance: Value Added Tax (11 Feb 2021)

Paschal Donohoe: I do not plan on extending the temporary reduction from 23% to 21% in the standard rate of VAT beyond the 28th of February.

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (11 Feb 2021)

Paschal Donohoe: Following approval of the Finance Act 2020, which provides for the medical criteria for the Disabled Drivers Scheme, the HSE has been informed that medical assessments can recommence from 1stJanuary 2021. This is considered to be an interim solution only. A comprehensive review of the scheme, to include a broader review of mobility supports for persons with disabilities, will be conducted...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (11 Feb 2021)

Paschal Donohoe: 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 from which are chargeable to tax under Case I of Schedule D,...

Written Answers — Department of Finance: Property Tax (11 Feb 2021)

Paschal Donohoe: A residential property may be exempt from Local Property Tax (LPT), if it is if it is occupied by an individual who is permanently and totally incapacitated and it was bought, built or adapted to make it suitable for use by such an individual. The exemption also applies to adapted properties if the cost of the adaptation exceeded the market value of the property (before it was adapted) by...

Written Answers — Department of Finance: Home Loan Scheme (11 Feb 2021)

Paschal Donohoe: The Rebuilding Ireland Home loan is a matter for the Minister for Housing, Planning and Local Government. However, I believe the question posed and details supplied by the Deputy, in fact, relate to the Help to Buy scheme. 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 gives a...

Written Answers — Department of Finance: Legislative Reviews (11 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 77 to 79, inclusive, together. Since the introduction of the Consumer Protection (Regulation of Credit Servicing Firms) Act 2015, credit servicing firms have been subject to the provisions of Irish financial services law that apply to regulated financial services providers, including but not limited to: - The Consumer Protection Code - the CCMA ...

Written Answers — Department of Finance: Insurance Industry (10 Feb 2021)

Paschal Donohoe: I propose to take Questions Nos. 186 and 188 together. At the outset, while I have an appreciation of the specific issue the Deputy raises, neither I, nor the Central Bank of Ireland, can direct the pricing of insurance products, as this is a commercial matter. In addition, we cannot compel any insurer operating in the Irish market to provide cover to specific individuals or groups, nor...