Results 10,101-10,120 of 32,547 for speaker:Paschal Donohoe

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Paschal Donohoe: The issue is not a matter of the particular procedure that we are referring to here. While I respect the views of dentists, I have to be mindful of the fact that this is an issue that is broader than just dentistry. I refer to how we define what kind of health expenses qualify for tax relief. I could not agree to a change in regard to a dental expense and not expect that similar issues...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Paschal Donohoe: We will do that. I will see what correspondence has been received on the matter and use that then for the Report Stage debate. This is a matter of equity, but it is also a matter of equity in terms of how we treat other healthcare expenses and that is the issue here. I must ensure that there is consistency across how all healthcare expenses are treated from a tax relief point of view but,...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Paschal Donohoe: I move amendment No. 176: In page 83, to delete lines 5 and 6, and substitute the following: “61.(1) Section 28 of the Emergency Measures in the Public Interest (Covid-19) Act 2020 is amended— (a) in subsection (12), by deleting paragraph (b), and (b) by inserting the following subsection after subsection (12): “(12A) A person aggrieved by an assessment or an...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Paschal Donohoe: The higher payment rates are applicable until 31 January 2021 and will not be affected by health level guidance between now and then. They will, therefore, remain at these higher levels up to that point. I can only operate the employment wage subsidy scheme on a national basis. I do not have the ability to operate this on a regional or county-specific basis. That is where the CRSS is...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Paschal Donohoe: As the date of 31 January 2021 is fixed in the legislation, I do not have the ability to extend beyond that date. In the normal operation of the EWSS, flexibilities are open to me regarding how it operates but the higher rates are fixed in legislation until the end of January next year. I will take stock of this issue as we approach that point and make further decisions about the EWSS. ...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Paschal Donohoe: We moved to the higher level of the EWSS when we moved back to level 5. I reject entirely the idea that this has not been thought through. This is a very effective scheme which has saved hundreds of thousands of jobs. As the economy opens up and public health guidance improves, it is absolutely necessary that we begin to reduce the level of subsidy available as otherwise we will end up...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Paschal Donohoe: I move amendment No. 177: In page 83, to delete line 11.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Paschal Donohoe: I move amendment No. 178: In page 83, between lines 33 and 34, to insert the following: "and (iii) in the definition of "wage subsidy payment", by substituting "subsections (7), (8) and (21)(aa) and (c)" for "subsections (7), (8) and (21)(c)",".

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Paschal Donohoe: I move amendment No. 179: In page 84, to delete line 17 and substitute the following: "(b) shall be irrevocable.", (c) in subsection (2)— (i) by substituting "this section shall apply to an employer for the period 1 July 2020 to 31 December 2020 (in this subsection referred to as ‘the specified period’), where" for "this section shall apply to an employer where",...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Paschal Donohoe: I move amendment No. 180: In page 84, to delete line 18 and substitute the following: "(4) Subsection (1) shall be deemed to have come into operation on 27 March 2020. (5) Subsection (2) shall be deemed to have come into operation on 20 October 2020. (6) Subsection (3) (apart from paragraphs (i) and (g)(i) thereof) shall be deemed to have come into operation— (a) as respects...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2020: Committee Stage (Resumed) (18 Nov 2020)

Paschal Donohoe: I wanted to make that point but I was on mute. I thank all of the officials who have facilitated all of this over many hours, including on Monday. I thank them for their co-operation in allowing this very important process to run smoothly and effectively, and allowing the committee and I to fulfil our roles. I thank all of the officials. I thank all of the members of the committee who,...

Written Answers — Department of Finance: Vehicle Registration Tax (17 Nov 2020)

Paschal Donohoe: I am advised by Revenue that the National Car Testing Service (NCTS) registers all vehicles for Vehicle Registration Tax (VRT) purposes.  Revenue has also advised me that camper vans are different to other vehicles for VRT registration purposes in that they have unique features that require the specification of each vehicle to be separately examined. Consequently, the NCTS refers...

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

Paschal Donohoe: The Central Bank of Ireland, as part of its independent mandate to preserve and protect financial stability in Ireland, has statutory responsibility for the regulation of mortgage lending by banks and other regulated entities. In line with this mandate, the Central Bank introduced macro-prudential measures for residential mortgage lending by such institutions in February 2015. The objective...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (17 Nov 2020)

Paschal Donohoe: I propose to take Questions Nos. 252, 259, 260, 262, 266, 271, 276, 278, 280 and 284 together. The details of the Covid Restrictions Support Scheme (CRSS) are set out in the Finance Bill 2020 and guidelines on the operation of the scheme are available on the Revenue website (). The CRSS is a targeted support for businesses significantly impacted by restrictions introduced by the Government...

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

Paschal Donohoe: There is no income tax measure that parents can avail of that provides relief in respect of their use of registered childminding services. However, there is an income tax exemption - childcare services relief - that is available to individuals who provide childminding services in their own homes.  The legislation dealing with the relief is contained in section 216C of the...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (17 Nov 2020)

Paschal Donohoe: I propose to take Questions Nos. 254, 255, 263, 265 and 275 together. The Disabled Drivers & Disabled Passengers Scheme provides relief from VRT and VAT on the purchase and use of an adapted car, as well as an exemption from motor tax and an annual fuel grant. The cost of the scheme in 2019, excluding motor tax, was €72m. The Scheme is open to severely and permanently...

Written Answers — Department of Finance: Budget 2021 (17 Nov 2020)

Paschal Donohoe: My Department is not responsible for setting funding for domestic violence services and therefore did not apportion funding under the 2021 Budget.

Written Answers — Department of Finance: Covid-19 Pandemic Supports (17 Nov 2020)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS), which operated from 26 March 2020 to 31 August 2020, provided over €2.9 billion of financial support to more than 66,500 qualifying employers on behalf of approximately eligible 664,000 employees. As provided for in the Emergency Measures in the Public Interest (Covid 19) Act, Revenue is responsible for the administration of the TWSS and...

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

Paschal Donohoe: I have met with the CEOs of the banks on a number of occasions since the pandemic arose to discuss the measures banks and other regulated lenders can put in place to assist their borrowers who are economically impacted by COVID-19 and also the need to continue to support overall credit and lending in the economy, including new residential mortgage lending. In regard to the...

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

Paschal Donohoe: In terms of the current tax treatment of the costs associated with working from home, the position is that any such costs incurred wholly and exclusively for the purposes of the business by an employer (for example, the provision of equipment) may be deducted by the employer in the normal course of calculating the tax liability of their business. From the perspective of the individual...