Results 9,721-9,740 of 32,572 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Banking Sector (17 Dec 2020)

Paschal Donohoe: I will be meeting with representatives of NatWest today. My keys messages will be on the importance of timely and direct communication between staff, their representatives and management throughout the review, especially if there are any developments. I will outline that I expect that any decisions arising from the review will be swiftly communicated to staff, customers and other...

Written Answers — Department of Finance: Mortgage Lending (17 Dec 2020)

Paschal Donohoe: The Deputy may wish to note that, when a loan is sold or transferred, the protections that were available to borrowers prior to the transaction continue to be in place with the new loan owner. This ensures that borrowers whose loans are sold or transferred maintain the same regulatory protections, including under the various Central Bank’s statutory codes of conduct such as the...

Written Answers — Department of Finance: Tax Reliefs (17 Dec 2020)

Paschal Donohoe: The Finance Act 2012 introduced section 825C to the Taxes Consolidation Act, 1997. This section, as amended, provides Income Tax relief for certain individuals assigned during any of the tax years 2012 to 2022 to work in the State. The relief is commonly known as SARP (Special Assignee Relief Programme). The aim of the relief is to reduce the cost to employers of assigning skilled individuals...

Written Answers — Department of Finance: Mortgage Interest Relief (17 Dec 2020)

Paschal Donohoe: A limited form of Income Tax relief is available to certain taxpayers for interest payments on a qualifying mortgage loans, as set out in section 244 of the Taxes Consolidation Act, 1997. The relief has expired for mortgages taken out prior to 2004 and ceased for new borrowings from January 2013. The residual Mortgage Interest Relief is therefore only available on qualifying mortgage...

Written Answers — Department of Finance: Insurance Coverage (16 Dec 2020)

Paschal Donohoe: I am conscious of the difficulties that the absence or withdrawal of flood insurance cover can cause to homeowners and businesses. However, you should be aware that the provision of insurance is a commercial matter for insurance companies, which is based on an assessment of the risks they are willing to accept. Consequently, neither I nor the Central Bank can interfere in the provision or...

Written Answers — Department of Finance: Banking Sector (16 Dec 2020)

Paschal Donohoe: I propose to take Questions Nos. 86 and 87 together. I presume that the Deputy is referring to properties which are in the possession of financial institutions arising from a default on a mortgage loan. The Central Bank has supplied me with the table below which provides a summary of properties held by both bank and non-bank entities as at end September-2020. The collected data does not...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (16 Dec 2020)

Paschal Donohoe: Section 28B of the Emergency Measures in the Public Interest (Covid-19) Act 2020 provides for the introduction of the Employment Wage Subsidy Scheme (EWSS). The scheme commenced on 1 September 2020 and replaced the Temporary Wage Subsidy Scheme (TWSS), which ceased on 31 August 2020. The EWSS is different to the TWSS in that it provides a flat-rate payment to employers and requires a...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (16 Dec 2020)

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: Revenue Commissioners (16 Dec 2020)

Paschal Donohoe: I propose to take Questions Nos. 90 and 91 together. I am advised by Revenue that its new customs import declaration system, the Automated Import System (AIS), was launched on 23 November 2020. AIS is the first of a suite of new Customs related IT systems that are being implemented by Revenue over the next number of years to ensure full compliance with the provisions of the EU Union...

Written Answers — Department of Finance: Vehicle Registration Tax (16 Dec 2020)

Paschal Donohoe: I am advised by Revenue that because of the interruptions to the operation of National Car Testing (NCT) centres and the continuing need to limit the number of customers attending the centres due to COVID 19 restrictions, there are delays in getting pre-registration inspection appointments. Revenue is aware that some people that sought appointments earlier in December have been unable to get...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (16 Dec 2020)

Paschal Donohoe: I propose to take Questions Nos. 93, 94, 96 and 97 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. It applies to businesses who, under the specific terms of the regulations, are required to prohibit or significantly restrict members of the...

Written Answers — Department of Finance: Revenue Commissioners (16 Dec 2020)

Paschal Donohoe: I am advised by Revenue that they do not formally issue mandatory e-filing exemption certificates when e-filing exemptions are granted. I have been advised that Revenue contacted the individual concerned directly on the 10 November 2020 to advise the person of their mandatory e-filing exemption approval. I am further advised that their tax records have been adjusted accordingly and a...

Written Answers — Department of Finance: Seirbhísí trí Ghaeilge (16 Dec 2020)

Paschal Donohoe: Tá na seirbhísí a chuirtear ar fáil trí Ghaeilge liostaithe i Scéim Teanga reatha 2018-2021 mo Roinne agus is féidir teacht uirthi ar an láithreán gréasáin ag . Is í seo an tríú Scéim Roinne oifigiúil atá ullmhaithe ag mo Roinn mar atá éilithe faoi alt 15 d'Acht na dTeangacha Oifigiúla 2003....

Written Answers — Department of Finance: Foireann Roinne (16 Dec 2020)

Paschal Donohoe: Ba mhaith liom a chur in iúl don Teachta nach bhfuil aon phoist sa Roinn faoi láthair a n-aithnítear gur poist iad a bhfuil inniúlacht sa Ghaeilge de dhíth ina leith. Gach uair a dtagann folúntas chun cinn, iarrtar ar Bhainisteoirí a thabhairt le fios ar an bhFoirm Iarratais Folúntais an bhfuil inniúlacht sa Ghaeilge ina riachtanas riachtanach don...

Written Answers — Department of Finance: Seirbhísí trí Ghaeilge (16 Dec 2020)

Paschal Donohoe: Ní sholáthraíonn mo Roinn aon seirbhísí trí Ghaeilge sna ceantair Ghaeltachta.

Written Answers — Department of Finance: Mortgage Lending (16 Dec 2020)

Paschal Donohoe: The Deputy will be aware that, as Minister for Finance, I cannot mandate or overrule the internal risk assessment processes in any bank, even one in which the State has a shareholding. Decisions in this regard, including credit policies and decisions, are the sole responsibility of the board and management of the banks which must be run on an independent and commercial basis. The independence...

Written Answers — Department of Finance: Departmental Budgets (16 Dec 2020)

Paschal Donohoe: My Department budgets in line with the subheadings outlined in the Revised Estimates Volume for Public Expenditure (REV). The budget for marketing, media and social media is included in Admin Non-Pay costs, specifically Subhead III:Training, Development, and Miscellaneous Costs. Depending on the nature of the expenditure, it could also potentially be accounted for as part of our overall...

Written Answers — Department of Finance: Vehicle Registration Tax (15 Dec 2020)

Paschal Donohoe: I propose to take Questions Nos. 197 and 200 together. Used cars imported from the UK before the end of December will not be liable to customs duty or VAT on import. In relation to VRT, while the rates will change on 1 January it is not necessarily the case that the amount of VRT charged on registration in January will be higher than if the vehicle was registered in December. Where a delay...

Written Answers — Department of Finance: Help-To-Buy Scheme (15 Dec 2020)

Paschal Donohoe: 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 refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in Ireland over the previous four years, subject to limits outlined in the legislation. I am advised by Revenue as follows: In order for an applicant to...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (15 Dec 2020)

Paschal Donohoe: I propose to take Questions Nos. 199 and 208 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 from...