Results 10,241-10,260 of 33,280 for speaker:Paschal Donohoe

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.

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

Paschal Donohoe: Gross National Income at Current Market Prices

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

Paschal Donohoe: Gross National Income at Constant Market Prices

Written Answers — Department of Finance: Brexit Issues (27 Jan 2021)

Paschal Donohoe: I am advised by Revenue that the goods in question arrived in Ireland on 6 January 2021. As a result of the UK leaving the EU, customs formalities apply to the movement of these goods. Following normal risk assessment of goods movements undertaken by Revenue, it was determined that documentation needed to be provided to the Health Services Executive (HSE) before the goods could be...

Written Answers — Department of Finance: Proposed Legislation (27 Jan 2021)

Paschal Donohoe: As the Deputy will be aware, the Programme for Government includes a commitment to introduce a Senior Executive Accountability Regime (SEAR). SEAR will drive positive changes in terms of culture, greater delegation of responsibilities, and enhanced accountability while simplifying the taking of sanctions against individuals who fail in their financial sector roles. My officials are...

Written Answers — Department of Finance: Banking Sector (27 Jan 2021)

Paschal Donohoe: I propose to take Questions Nos. 181, 208, 219 and 229 together. On 18 March last the Banking and Payments Federation of Ireland (BPFI) announced a coordinated approach by banks and other lenders to help their customers who were economically impacted by the Covid-19 crisis. The measures included flexible loan repayment arrangements where needed, including loan payment breaks initially...

Written Answers — Department of Finance: Help-To-Buy Scheme (27 Jan 2021)

Paschal Donohoe: I propose to take Questions Nos. 182, 200, 203 and 231 together. The Help to Buy (HTB) incentive was introduced in 2017. 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. An increase in the supply of new housing remains a priority aim of Government policy. The HTB...

Written Answers — Department of Finance: Home Building Finance Ireland (27 Jan 2021)

Paschal Donohoe: HBFI released its year-end update for 2020 on 25thJanuary 2021. Further details are available at sion.pdf. The update highlighted that as of 31stDecember 2020, HBFI had approved 38 facilities amounting to €395m in value. This approved funding can facilitate the delivery of 1.850 new homes across 17 counties. Construction activity has commenced on schemes that will ultimately deliver...