Results 921-940 of 9,158 for speaker:Jack Chambers

Written Answers — Department of Finance: Tax Yield (9 Sep 2024)

Jack Chambers: I propose to take Questions Nos. 328 to 336, inclusive, together. My Department publishes two sets of forecasts each year in the spring and autumn as part of the Stability Programme Update and Budget, respectively. The macroeconomic forecasts incorporate the latest high frequency data, the impact of any revisions, changes in external demand, commodity prices, interest rates etc. as well as...

Written Answers — Department of Finance: Primary Medical Certificates (9 Sep 2024)

Jack Chambers: The Deputy should note that my Department and I share concerns that the Disabled Drivers and Disabled Passengers Scheme or DDS is no longer fit for purpose and believe it should be replaced with a needs-based, grant-led approach for necessary vehicle adaptations that could serve to improve the functional mobility of the individual. However, this is very much a matter for Government as whilst...

Written Answers — Department of Finance: Revenue Commissioners (9 Sep 2024)

Jack Chambers: I am advised by Revenue that section 141 of Finance Act 2001 provides that Revenue may seize any goods or vehicles that are liable to forfeiture under the excise legislation. The primary offences that these laws relate to are offences regarding Vehicle Registration Tax (VRT), Marked Mineral Oil (MMO). Vehicles may also be seized where they are used as a conveyance for offences relating to...

Written Answers — Department of Finance: Departmental Contracts (9 Sep 2024)

Jack Chambers: I wish to advise the Deputy that the Department of Finance has not engaged the services of BDO Ireland in 2023 or to date in 2024.

Written Answers — Department of Finance: Vehicle Registration Tax (9 Sep 2024)

Jack Chambers: Under the Finance Act 1992, Vehicle Registration Tax (VRT) is assessed on a vehicle at the time of registration in the State and the way it is calculated depends on the category of the vehicle involved. The method of calculating VRT is the same regardless of whether the vehicle is new or has been imported second-hand from another EU Member State or a third country. VRT on Category A vehicles...

Written Answers — Department of Finance: Tax Rebates (9 Sep 2024)

Jack Chambers: The VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply. In general, the VAT Directive provides that all goods and services are liable to VAT at the standard rate, currently 23% in Ireland, unless they fall within categories of goods and services specified in the Directive, in respect of which Member States may apply a lower rate or exemption from...

Written Answers — Department of Finance: Tax Exemptions (9 Sep 2024)

Jack Chambers: The standard rates of stamp duty applying on the purchase of a residential property are 1% on values up to €1 million and 2% on values exceeding €1 million. I am advised by Revenue that there is no currently exemption from stamp duty available on the purchase of a home for a person who is part of any particular ethnic group, including the Traveller ethnic group.

Written Answers — Department of Finance: Tax Reliefs (9 Sep 2024)

Jack Chambers: Section 477C of the Taxes Consolidation Act 1997 (TCA) requires that applicants for the Help to Buy (HTB) scheme must be first-time purchasers, which is defined as: " 'first-time purchaser' means an individual who, at the time of a claim under subsection (3) has not, either individually or jointly with any other person, previously purchased or previously built, directly or indirectly, on his...

Written Answers — Department of Finance: Tax Reliefs (9 Sep 2024)

Jack Chambers: As the Deputy will appreciate, proposals for the amendment of tax reliefs must be assessed in accordance with my Department's Tax Expenditure Guidelines. These make clear the importance that any policy proposal which involves tax expenditures should only occur in limited circumstances. In particular, they provide that a tax-based incentive should only be considered where it would be more...

Written Answers — Department of Finance: Tax Code (9 Sep 2024)

Jack Chambers: As the Deputy will be aware, it is a longstanding practice of the Minister for Finance not to comment, in advance of the Budget, on any tax matters that might be the subject of Budget decisions.

Written Answers — Department of Finance: Official Travel (9 Sep 2024)

Jack Chambers: I wish to advise the Deputy that I have taken no flights to or from Shannon, Cork or Knock Airports since assuming office.

Written Answers — Department of Finance: Tax Code (9 Sep 2024)

Jack Chambers: I note the Deputy's query in relation to the taxation of investment funds and ETFs and whether any changes are being considered in this regard, in particular for younger investors. I also appreciate the Deputy submitting the correspondence associated with his question and this will be reviewed by my officials. Last year, on 6 April 2023, my Department published the Terms of Reference for a...

Written Answers — Department of Finance: Departmental Reviews (9 Sep 2024)

Jack Chambers: A draft report was submitted to me for consideration during the summer, in line with the Review’s Terms of the Reference. The exact timing of the publication of the Funds Review report is yet to be determined.

Written Answers — Department of Finance: Departmental Staff (9 Sep 2024)

Jack Chambers: I wish to inform the Deputy that Parliamentary Assistants and Secretarial Assistants are employed by the Oireachtas rather than by my Department, and as such records below only pertain to positions on the Department of Finance payroll. The Salaries for these positions may be subject to incremental progression, and pay agreement changes over the course of a calendar year. In 2020, my...

Written Answers — Department of Finance: Ministerial Staff (9 Sep 2024)

Jack Chambers: I wish to inform the Deputy that there are currently three Special Advisers employed in my Department. Two of these advisers report to me and one Special Adviser reports to Minister of State Neale Richmond, T.D. The names, salaries and areas of expertise of all Special Advisers from 2020 to date are set out in tabular form, below. The salaries for these positions may be subject to incremental...

Written Answers — Department of Finance: Ministerial Staff (9 Sep 2024)

Jack Chambers: The information requested by the Deputy in relation to the amount paid to Ministerial advisers by my Department in respect of expenses for each year from 2020 to 2024 is set out in tabular for below. - 2020 Name Role Amount Ed Brophy Adviser to Minister 857.65 Aidan O'Connor Adviser to Minister of State 0.00 Caroline Hoffman Adviser to Minister of State ...

Written Answers — Department of Finance: Tax Reliefs (9 Sep 2024)

Jack Chambers: Under section 825C to the Taxes Consolidation Act 1997, the Special Assignee Relief Programme (SARP) provides Income Tax relief for certain individuals assigned to work in the State during any of the tax years 2012 to 2025. The aim of the relief is to reduce the cost to employers of assigning skilled individuals from foreign-based operations to take up positions in the Irish-based operations...

Written Answers — Department of Finance: Tax Reliefs (9 Sep 2024)

Jack Chambers: As the Deputy will be aware, it is a longstanding practice of the Minister for Finance not to comment, in advance of the Budget, on any tax matters that might be the subject of Budget decisions.

Written Answers — Department of Finance: Tax Code (9 Sep 2024)

Jack Chambers: I am advised by Revenue that they have been in correspondence with the solicitor acting for the individual, as far back as 2009. The individual was aware then that there was an Inheritance Tax liability to be paid to Revenue for this inheritance. The individual in question has been advised to submit a Capital Acquisitions Tax (“CAT”) Form IT38, in order to quantify the amount of...

Written Answers — Department of Finance: Gambling Sector (9 Sep 2024)

Jack Chambers: I propose to take Questions Nos. 355 to 357, inclusive, together. I am advised by Revenue that gaming machine licences may be applied for to cover a full year period, or a three month period. The number of gaming machine annual licences and three month licences issued to date in 2024, for each county, are set out in table 1. Table 1 County Gaming Machine Annual Licence Gaming Machine...