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Written Answers — Department of Finance: Covid-19 Pandemic Supports (1 Apr 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: Departmental Staff (1 Apr 2021)

Paschal Donohoe: I wish to advise the Deputy that the table below details the gender breakdown by Full Time Equivalent (FTE) for the grades of Assistant Secretary, Director, Principal Officer, Assistant Principal Officer, Administrative Officer, and Higher Executive Officer in my Department at end-March 2021: Summary Grade Female Male Assistant Secretary 1.00...

Written Answers — Department of Finance: Banking Sector (1 Apr 2021)

Paschal Donohoe: I propose to take Questions Nos. 93 and 96 together. As the Deputy may be aware, as Minister for Finance, I have no role in the commercial decisions made by any bank in the State. This includes banks in which the State has a shareholding. Decisions in this regard, including the management of branch networks, are the sole responsibility of the board and management of the banks, which must be...

Written Answers — Department of Finance: Departmental Data (1 Apr 2021)

Paschal Donohoe: I am advised by my officials that the Department of Finance has shared the following datasets containing personal data with the Department of Health: Data Shared Data is shared with: Reason for sharing of data Names, email address and telephone numbers of Department of Finance staff based in the Miesian Plaza office premises Directly with...

Written Answers — Department of Finance: General Data Protection Regulation (1 Apr 2021)

Paschal Donohoe: Since 2018, my Department has not received any complaints from a member of the public with regard to GDPR and data information requests, neither directly to the Data Protection Officer or the Customer Services Officer. All data information requests, also known as Subject Access Requests, have been accepted and fully processed as follows: Year Data Information Requests...

Written Answers — Department of Finance: Tax Reliefs (1 Apr 2021)

Paschal Donohoe: Where e-workers incur certain extra expenditure in the performance of their duties of employment remotely or from home, such as additional heating and electricity costs, there is a Revenue administrative practice in place that allows an employer to make payments up to €3.20 per day to such employees, subject to certain conditions, without deducting PAYE, PRSI, or USC. Revenue have...

Ceisteanna Eile - Other Questions: Illicit Trade (31 Mar 2021)

Paschal Donohoe: I assure the Deputy that all that can be done is being done by An Garda Síochána, their counterparts in Northern Ireland and Revenue on this matter. I accept that the changes to our carbon tax that come into force in May will have an impact on the differentials to which Deputy Smith refers. However, the differentials that can lie behind the smuggling to which the Deputy referred...

Ceisteanna Eile - Other Questions: Illicit Trade (31 Mar 2021)

Paschal Donohoe: Resources are being made available, particularly to the Revenue Commissioners, to deal with the issues referred to by the Deputy. I mentioned earlier the work now being done by Revenue in terms of the joint operations being conducted in low smoke zones. Revenue is collaborating with the Department of the Environment, Climate and Communications and local authority solid fuel inspection teams...

Ceisteanna Eile - Other Questions: Mortgage Insurance (31 Mar 2021)

Paschal Donohoe: When a person applies for a mortgage loan to buy a home, he or she will generally be required to take out mortgage protection insurance. In most cases, a lender is legally required under section 126 of the Consumer Credit Act 1995 to make sure that a mortgage applicant has mortgage protection insurance in place before granting a mortgage loan. This is an important statutory provision...

Ceisteanna Eile - Other Questions: Mortgage Insurance (31 Mar 2021)

Paschal Donohoe: The Deputy made an important point. There is a reason exemptions are provided for in section 126 of the relevant law. I appreciate that many families are in difficult circumstances because of the effects of this disease on them and many others and this issue is dealing them an even harsher blow. I must be precise here because I do not want to mislead the Dáil. I cannot instruct the...

Ceisteanna Eile - Other Questions: Mortgage Insurance (31 Mar 2021)

Paschal Donohoe: I assure the Deputy that in the engagement that the Minister of State, Deputy Fleming, is having with our leading insurance providers on the matters we covered earlier in the debate, he is planning to raise that particular issue.

Ceisteanna Eile - Other Questions: Banking Sector Remuneration (31 Mar 2021)

Paschal Donohoe: The Deputy will be aware that Government policy on banking remuneration has remained unchanged since the financial crisis. Extensive restrictions are in place and these are not simply confined to a small number of senior bankers whose pay is restricted by the €500,000 cap. These restrictions affect approximately 23,000 workers across the three banks in which the State has a...

Ceisteanna Eile - Other Questions: Banking Sector Remuneration (31 Mar 2021)

Paschal Donohoe: The Deputy is correct that I did not refer to that in the earlier exchange but I did refer to it, I believe, in the answer I gave to Deputy Doherty. I certainly referred to it on the night of the debate on the banking sector in the Dáil a number of weeks ago on this and other issues. The reason I support it is that if Goodbody is going to be integrated into AIB - and I believe that...

Ceisteanna Eile - Other Questions: Banking Sector Remuneration (31 Mar 2021)

Paschal Donohoe: The reason I have agreed to this particular proposal is that I believe it is good for three Irish companies involved in it - for the company that was looking to sell Goodbody, for Goodbody itself and for AIB. These are all very big employers and are all companies that matter to the economy. Perhaps Deputy Barry is against that transaction happening at all. Although he is against the sale...

Ceisteanna Eile - Other Questions: Illicit Trade (31 Mar 2021)

Paschal Donohoe: I am assured by Revenue that combating the threat which fuel fraud and the illicit alcohol and tobacco trades pose to legitimate businesses, consumers and the Exchequer continues to be a priority. Steps taken by Revenue to combat the illegal mineral oils trade, including home heating oils, include the introduction of stringent supply chain controls and reporting requirements, a rigorous...

Ceisteanna Eile - Other Questions: Tax Code (31 Mar 2021)

Paschal Donohoe: Ireland’s excise duty treatment of fuel used for motor and heating purposes is based on European Union law as set out in Directive 2003/96/EC on the taxation of energy products and electricity, commonly known as the energy tax directive. Mineral oil tax is an excise duty comprised of carbon and non-carbon components. The carbon component is often referred to as carbon tax, but it...

Ceisteanna Eile - Other Questions: Tax Code (31 Mar 2021)

Paschal Donohoe: I am very much aware of the issues Deputy Doherty has referred to and the hardship many people in our agricultural community are facing due to the issues of the pandemic and the consequences of Brexit. However, this measure has been introduced on a phased basis over many years. The ongoing challenges that members of the agricultural community face regarding the costs and impact of carbon...

Ceisteanna Eile - Other Questions: Tax Code (31 Mar 2021)

Paschal Donohoe: I remain committed to the implementation of the carbon tax changes that were included in the Finance Bill. These include the increase in carbon pricing and a number of other fuels from 1 May. I am aware of the issue Deputy Doherty referred to regarding independent agricultural contractors. I remember with the Finance Bill before last referring to difficulties I faced regarding the...

Ceisteanna Eile - Other Questions: Banking Sector (31 Mar 2021)

Paschal Donohoe: As the Deputy will be aware, decisions with regard to staff and the management of branch networks are the responsibility of the board and management of individual banks, which are run on an independent and commercial basis. As Minister for Finance, I do not have a role in these commercial decisions. The withdrawal of Ulster Bank from the market and the decision by Bank of Ireland to...

Ceisteanna Eile - Other Questions: Banking Sector (31 Mar 2021)

Paschal Donohoe: It is only very recently that I have ever heard Deputy Barry talk about the people who work in the banks. Any time he stood up all he had were words of harsh criticism for banks, which at times I understand, but I have never heard him make any reference to the people who work in the banks in any exchange with me until recent weeks. I welcome his new-found interest in the people who work for...

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