Results 9,501-9,520 of 32,547 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Covid-19 Pandemic Supports (28 Jan 2021)

Paschal Donohoe: The Debt Warehousing Scheme remains available to support businesses, including the hospitality sector, experiencing tax payment difficulties arising from the current COVID-19 public health restrictions. Currently, there are approximately 70,000 businesses availing of the scheme covering €1.9 billion in tax debt.An information leaflet is available on Revenue’s website at . The...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (28 Jan 2021)

Paschal Donohoe: At the outset it is important to note that working to protect customers during and after the COVID-19 crisis is a priority issue given its inclusion in the Programme for Government. As such, business disruption insurance is specifically included within the Action Plan for Insurance Reform, launched last month. I am in full understanding of the concerns expressed about how the insurance...

Written Answers — Department of Finance: Vehicle Registration Tax (28 Jan 2021)

Paschal Donohoe: Section 130 of the Finance Act 1992 (as amended by Section 102 of the Finance Act 2010) introduced, from 1 January 2011, a revised classification system for the assessment of VRT which reflects the categories used for classification of vehicles at European level under various EC Directives. Passenger Vehicles (EU Category M) and Commercial Vehicles (EU Category N) are classified based on the...

Written Answers — Department of Finance: Insurance Costs (28 Jan 2021)

Paschal Donohoe: 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, such as those referenced in the question. This position is...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (28 Jan 2021)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS), which is provided for in section 28 of the Emergency Measures in the Public Interest (COVID-19) Act 2020, operated from 26 March 2020 to 31 August 2020 and was replaced by the Employment Wage Subsidy Scheme (EWSS) from 1 September 2020. The scheme was introduced as an emergency measure to provide financial support to businesses that were severely...

Written Answers — Department of Finance: Company Liquidations (28 Jan 2021)

Paschal Donohoe: As the Deputy is aware, the tax affairs of identified individual taxpayers, including companies, cannot be disclosed due to the obligation to protect taxpayer confidentiality as provided for by section 851A of the Taxes Consolidation Act, 1997. It is an offence for a Revenue official to directly or indirectly disclose taxpayer information to third parties, including the Minister for Finance,...

Written Answers — Department of Finance: Tax Appeals Commission (28 Jan 2021)

Paschal Donohoe: I am advised by Revenue that, as the Deputy has named a specific person in the details supplied, the provision of information to me for the purposes of replying to this question would implicitly involve the disclosure of confidential taxpayer information. Revenue is statutorily precluded from disclosing such information by section 851A Taxes Consolidation Act 1997. The Tax Appeals...

Written Answers — Department of Finance: EU Directives (28 Jan 2021)

Paschal Donohoe: I am advised by Revenue that Council Directive 2008/7/EC (Capital Duties Directive) of 12 February 2008 regulates the levying of indirect taxes on the raising of capital by certain companies. In this regard, it prohibits the levying of indirect taxes on contributions of capital to capital companies, certain restructuring operations involving capital companies and the issue of certain...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (28 Jan 2021)

Paschal Donohoe: I am aware of concerns that have been raised regarding the pace of recovery for the aviation sector, and that it has been suggested that the level of support be increased and/or that the application of some of the new State supports should be delineated on the basis of explicit sectoral qualification criteria. However, the reality of COVID-19 is that our whole economy and labour market have...

Written Answers — Department of Finance: Tax Treaties (28 Jan 2021)

Paschal Donohoe: The provisions of the Double Taxation Treaty between Ireland and Israel do not apply to territories occupied by Israel in 1967. An individual will not be treated as a resident of Israel for the purposes of the Treaty by virtue of their residing in occupied territories nor will a company be treated as resident in Israel by virtue of its being established in occupied territories. Similarly,...

Written Answers — Department of Finance: Consumer Protection (28 Jan 2021)

Paschal Donohoe: The Deputy will be aware that since 1 January 2021, the transition period has ended between the United Kingdom (UK) and the European Union with the EU’s Single Market and Customs Union rules no longer applying to the UK (excluding Northern Ireland). As a result, imports including online purchases from the UK (excluding Northern Ireland) may incur additional charges including Customs...

Written Answers — Department of Finance: Retail Export Scheme (28 Jan 2021)

Paschal Donohoe: This issue was discussed at length in the Dáil and Seanad when the Brexit Bill was before the Oireachtas. At the time, I provided for an amendment to reduce the Retail Export Scheme threshold from €175, as had been originally proposed, to €75. With the opportunities for abuse that are present arising from the proximity of the UK, the increased volume of travellers eligible...

Written Answers — Department of Finance: Mortgage Lending (28 Jan 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...

Written Answers — Department of Finance: Customs and Excise (28 Jan 2021)

Paschal Donohoe: I am advised by Revenue that while the EU-UK Trade and Cooperation Agreement has eliminated Customs duties for goods imported from the UK where the goods are of UK origin, this will not impact on goods of Chinese origin that are imported from the UK and these are subject to Customs tariff duties on arrival in the State. Customs duty is normally calculated as a percentage of the customs value...

Taxes Consolidation Act 1997 (Covid Restrictions Support Scheme) (Percentage Adjustment) Order 2021: Motion (27 Jan 2021)

Paschal Donohoe: I heard all the Deputies speak with great concern about businesses that have been affected by the public health restrictions that are due to and necessary because of this terrible disease, the strain and anxiety that those who are running these businesses are experiencing at present and, of course, the huge effects that the loss of a job is having on those whom they represent. I have been in...

Taxes Consolidation Act 1997 (Covid Restrictions Support Scheme) (Percentage Adjustment) Order 2021: Motion (27 Jan 2021)

Paschal Donohoe: I move: That Dáil Éireann approves the following Regulations in draft: Taxes Consolidation Act 1997 (Covid Restrictions Support Scheme) (Percentage Adjustment) Order 2021, a copy of which was laid in draft form before Dáil Éireann on 13th January, 2021. The resolution seeks the approval of the House for a draft order which provides for additional support under the...

Written Answers — Department of Finance: Departmental Data (27 Jan 2021)

Paschal Donohoe: Gross Domestic Product at Current Market Prices.

Written Answers — Department of Finance: Departmental Data (27 Jan 2021)

Paschal Donohoe: Gross Domestic Product at Constant Market Prices

Written Answers — Department of Finance: Departmental Data (27 Jan 2021)

Paschal Donohoe: Gross Domestic Product at Current Market Prices (Income approach)

Written Answers — Department of Finance: Departmental Data (27 Jan 2021)

Paschal Donohoe: See PQ Ref 4429/21 for Gross Domestic Product at Constant Market Prices broken down by expenditure components. See PQ Ref 4430/21 for Gross Domestic Product at Current Market Prices broken down by income components. A breakdown of Gross Domestic Product at Constant Market Prices in terms of its income components is not available.