Results 10,481-10,500 of 32,547 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Data Protection (3 Nov 2020)

Paschal Donohoe: There were 8 data protection breaches identified in the Department of Finance in 2019. The Department has an internal personal data breach reporting protocol. All breaches must be formally notified to the Department’s Data Protection Officer for assessment. One of the breaches that occurred in 2019 was notified to the Office of the Data Protection Commission. Immediate follow-up...

Written Answers — Department of Finance: Tax Reliefs (3 Nov 2020)

Paschal Donohoe: I propose to take Questions Nos. 451 and 452 together. 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...

Written Answers — Department of Finance: Departmental Expenditure (3 Nov 2020)

Paschal Donohoe: My Department did not have capital spending above €20 million for any year since 2016. I wish to inform the deputy that there are 17 bodies under the aegis of my Department; of those 17 Bodies, 16 have confirmed that they their capital spending was not over €20 million in each of the years since 2016. The Central Bank has confirmed the following capital spending: ...

Written Answers — Department of Finance: Living City Initiative (22 Oct 2020)

Paschal Donohoe: The Living City Initiative is a very specific tax incentive, established in compliance with the Department of Finance’s Tax expenditure Guidelines, with the aim of encouraging businesses and home-owners back to the centre of Irish cities in order to preserve historic buildings in special regeneration areas. I do not believe that it is a suitable vehicle for broader application beyond...

Written Answers — Department of Finance: Primary Medical Certificates (22 Oct 2020)

Paschal Donohoe: I propose to take Questions Nos. 48 and 53 together. I am informed by Revenue that the total cost and number of claimants for repayments of Value Added Tax (VAT) and remissions/repayments of Vehicle Registration Tax (VRT) under the Drivers and Passengers with Disabilities (DPD) scheme, as well as the total cost and number of persons who availed of the Fuel Grant in 2019, are provided in the...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (22 Oct 2020)

Paschal Donohoe: I propose to take Questions Nos. 49, 51, 57, 59, 60 and 61 together. The details of the Covid Restrictions Support Scheme (CRSS) will be set out in the Finance Bill due to be published this week. 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....

Written Answers — Department of Finance: Banking Sector (22 Oct 2020)

Paschal Donohoe: I emphasised to representatives of Ulster Bank in my meeting yesterday that staff, customers and other stakeholders must be informed promptly about any decisions made under the ongoing strategic review being undertaken by NatWest, Ulster Bank's parent. In particular, I said that staff should be consulted and kept informed of developments in the review. ...

Written Answers — Department of Finance: Tax Code (22 Oct 2020)

Paschal Donohoe: In relation to taxation for those over 66, a person aged 65 and over is fully exempt from income tax where his or her total income from all sources is less than the relevant exemption limit. For 2020, the exemption limits are €36,000 for a married couple or civil partners and €18,000 for a single individual. Where an individual exceeds the exemption limit, he or she is liable to...

Written Answers — Department of Finance: Mortgage Lending (22 Oct 2020)

Paschal Donohoe: As you will be aware both officials and myself have engaged and will continue to engage extensively with the Banking and Payments Federation (BPFI) and the banks directly in relation to supports for personal and business customers affected by the COVID-19 crisis. Officials in my Department are alert to issues raised directly by the public and these inform the Department’s ongoing...

Written Answers — Department of Finance: Tax Rebates (22 Oct 2020)

Paschal Donohoe: Revenue has advised me that the person in question is in receipt of both an occupational pension and weekly payments from the Department of Social Protection, Community and Rural Development and the Islands. These payments are taxable income sources and are subject to tax rates, rate bands and tax credits in the normal manner. Due to the person’s level of income in 2020, no tax has...

Written Answers — Department of Finance: Value Added Tax (22 Oct 2020)

Paschal Donohoe: I have previously outlined the rationale for the changes proposed to the VAT Retail Export Scheme. This scheme enables visitors that are resident outside the EU to benefit from VAT relief on goods purchased in Ireland and subsequently taken outside of the EU. If the scheme applies to UK visitors post-Brexit without changes UK visitors will be able to buy goods VAT free in Ireland. ...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (22 Oct 2020)

Paschal Donohoe: I am informed by Revenue that the Disabled Driver and Passenger Scheme provides for the remission or repayment of VRT up to the maximum limits as provided for in Statutory Instrument 353 of 1994. Section 135C(3)(b) of the Finance Act 1992 further provides that a Category A series production electric vehicle can avail of relief of up to €5,000 on the VRT due.  The Disabled...

Written Answers — Department of Finance: Tax Code (22 Oct 2020)

Paschal Donohoe: The long established policy of providing tax relief for pension contributions is to encourage saving by employers, employees and the self-employed towards their retirement income. A repayment of contributions is only permitted in highly limited circumstances, for example due to ill-health, and as such, this would be subject to income tax. The policy rationale underpinning this is that...

Written Answers — Department of Finance: Banking Sector (22 Oct 2020)

Paschal Donohoe: I propose to take Questions Nos. 63 and 65 together. I became aware that NatWest is engaged in a strategic review of its operations, including those of its subsidiary, Ulster Bank, thanks to media reports published last month.  Following these media reports, officials from my Department contacted Ulster Bank and NatWest. Yesterday, I met with representatives of Ulster...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (22 Oct 2020)

Paschal Donohoe: Revenue has advised me that it anticipates publishing the list of employers that availed of the Temporary Wage Subsidy Scheme (TWSS) by end October 2020, in accordance with Section 28 of the Emergency Measures in the Public Interest (Covid-19) Act 2020. The published list will include the names and addresses of recipient employers but will not include the subsidy amounts paid as there is no...

Written Answers — Department of Finance: Value Added Tax (22 Oct 2020)

Paschal Donohoe: The VAT rates applying in Ireland are subject to the requirements of EU VAT law with which Irish VAT law must comply. While hairdressing services will apply the 9% rate from 1 November, services consisting of the care of the human body, including beauticians, are subject to the 13.5% rate.  This arises from the fact that many of goods and services to which Ireland applies a reduced...

Written Answers — Department of Finance: EU Issues (22 Oct 2020)

Paschal Donohoe: In relation to my Department only, I can confirm that no such fines – as outlined in the Deputy’s question - have been paid since 1 January 2020. As advised to the Deputy's Office, similar information from other Departments needs to be sourced directly.

Written Answers — Department of Finance: Covid-19 Pandemic Supports (21 Oct 2020)

Paschal Donohoe: I propose to take Questions Nos. 42, 44, 45, 46, 51, 53, 56, 59 and 62 together. The details of the Covid Restrictions Support Scheme (CRSS) will be set out in the Finance Bill due to be published this week. 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...

Written Answers — Department of Finance: Tax Code (21 Oct 2020)

Paschal Donohoe: In my Budget speech, I announced that I would provide for an extension of the tax warehousing scheme to include the 2019 balance and 2020 preliminary tax obligations for self-assessed taxpayers . I specifically referred to self-employed people who have suffered a significant drop in income and will struggle to pay their 2019 balance and preliminary tax for 2020. The details of...

Written Answers — Department of Finance: Value Added Tax (21 Oct 2020)

Paschal Donohoe: I propose to take Questions Nos. 47 and 55 together. I have previously outlined the rationale for the changes proposed to the VAT Retail Export Scheme. This scheme enables visitors who are resident outside the EU to benefit from VAT relief on goods purchased in Ireland and subsequently taken outside of the EU. If the scheme applies to UK visitors post-Brexit without changes UK visitors...