Results 10,641-10,660 of 32,593 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Forms (13 Oct 2020)

Paschal Donohoe: As the Deputy is aware, Revenue has extended the deadline for customers to file their 2019 self-assessed income tax return and make the appropriate payment in respect of preliminary tax for 2020 and any income tax balance due for 2019. The due date has been extended by four weeks from 12 November 2020 to 10 December 2020. To qualify for the extension, customers must both pay and file...

Written Answers — Department of Finance: Charitable and Voluntary Organisations (13 Oct 2020)

Paschal Donohoe: Section 848A of the Taxes Consolidation Act, 1997 provides that where an individual makes a charitable donation, the approved charitable body receiving it can claim a refund of income tax paid on that donation at a blended 'grossed-up' rate of 31%. The requirements of the scheme include: - A minimum donation of €250 per annum must be made; - The donor or anyone connected with the...

Written Answers — Department of Finance: Primary Medical Certificates (8 Oct 2020)

Paschal Donohoe: The terms of the Disabled Drivers and Disabled Passengers (Tax Concessions) Regulations 1994 set out the following medical criteria, and that one or more of these criteria is required to be satisfied in order to obtain a PMC: - be wholly or almost wholly without the use of both legs; - be wholly without the use of one leg and almost wholly without the use of the other leg such that...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (8 Oct 2020)

Paschal Donohoe: The Stay and Spend scheme provides tax relief by means of a tax credit at the rate of 20% on qualifying expenditure of up to €625 per person, or €1,250 for a jointly assessed couple, in respect of 2020 and 2021. The tax credit is worth a maximum of €125, or €250 for a jointly assessed couple. The purpose of the Stay and Spend scheme is to incentivise taxpayers to...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (8 Oct 2020)

Paschal Donohoe: I propose to take Questions Nos. 112 to 115, inclusive, and 119 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...

Written Answers — Department of Finance: Departmental Contracts (8 Oct 2020)

Paschal Donohoe: My department has entered into contracts with public relations agencies and public relations consultants during 2019 and to date in 2020 as outlined in the following table: Year Description Amount 2019 Daniel J Edelman Ireland Limited. Provision of specialist advice on the use of social media in an international context for the...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (8 Oct 2020)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) ceased on 31 August 2020 and was replaced by the Employment Wage Subsidy Scheme (EWSS) from 1 September 2020. When operational, the TWSS supported more than 66,000 employers in respect of approximately 664,000 employees at a cost of €2.9 billion to the Exchequer. The Emergency Measures in the Public Interest (Covid 19) Act assigned...

Written Answers — Department of Finance: Tax Reliefs (8 Oct 2020)

Paschal Donohoe: The research and development (R&D) tax credit allows a company to claim a 25% tax credit in respect of expenditure incurred on qualifying R&D activities. In making a claim for the R&D tax credit, companies must satisfy two tests: the activity must be a qualifying activity (a science test); and the amount of the claim must be based on R&D expenditure incurred (an accounting...

Written Answers — Department of Finance: Departmental Staff (8 Oct 2020)

Paschal Donohoe: I wish to inform the Deputy that details of the Department’s Organisational Structure are available on the ‘Who Does What’ of my Department’s Website (see link . This will provide access to details on the Department of Finance’s Management Team along with the functions of the Department.

Written Answers — Department of Finance: Tax Data (8 Oct 2020)

Paschal Donohoe: I am advised by Revenue that where e-workers incur certain extra expenditure in the performance of their duties of employment remotely or from home, such as additional heating and electricity costs, there is a Revenue administrative practice in place that allows an employer to make payments up to €3.20 per day to such employees, subject to certain conditions, without deducting PAYE,...

Written Answers — Department of Finance: Fuel Oil Specifications (8 Oct 2020)

Paschal Donohoe: There are several ports through which refined oil products, such as diesel, can arrive into the State. The ports are in Dublin, Galway, Foynes and Tarbert. Crude oil is also received into Whitegate Refinery in Co. Cork for refining by ship. The Whitegate Refinery can also receive refined product by ship. Crude and refined oil product is stored on Whiddy Island, Bantry, Co, Cork. Refined...

Committee on Budgetary Oversight: Pre-Budget Engagement: Minister for Public Expenditure and Reform (8 Oct 2020)

Paschal Donohoe: Does the Minister know the quantum of the recovery fund? Why will he not provide the committee responsible for budgetary oversight with the parameters of what he is considering? I am not looking for the exact figure but an indication as to whether the recovery fund is €500 million or €5 billion. With respect, this is the budgetary oversight committee. One of the...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (7 Oct 2020)

Paschal Donohoe: The Deputy will be aware that under Section 851A of the Taxes Consolidation Act 1997, Revenue is precluded by reason of its taxpayer confidentiality obligations, from providing any details in relation to the company in question. The Employment Wage Subsidy Scheme (EWSS) replaced the Temporary Wage Subsidy Scheme (TWSS) from 1 September. To qualify for the EWSS, an employer must have tax...

Written Answers — Department of Finance: Value Added Tax (7 Oct 2020)

Paschal Donohoe: I propose to take Questions Nos. 55 and 56 together. I am advised by Revenue that the VAT rating of goods and services is subject to the requirements of EU VAT law, with which Irish VAT law must comply. Supplies of capital goods in the agriculture sector, including farm machinery and equipment, is liable to VAT at the standard rate, currently 21%, and there is no scope under the Directive...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (7 Oct 2020)

Paschal Donohoe: I propose to take Questions Nos. 57 and 58 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 disabled persons...

Written Answers — Department of Finance: Insurance Costs (7 Oct 2020)

Paschal Donohoe: I can assure the Deputy that insurance reform is a key policy priority for this Government and this is reflected in the Programme for Government (PfG). There are a number of areas that require reform and this is why making progress on these problems will require a ‘whole-of-Government’ approach as recognised in the PfG. This lays out specific commitments that are aimed at...

Written Answers — Department of Finance: Motor Industry (7 Oct 2020)

Paschal Donohoe: As the Deputy will be aware, it is a long-standing practice of the Minister for Finance not to comment, in advance of the Budget, on any tax matters that might be the subject of Budget decisions.

Written Answers — Department of Finance: Tax Code (7 Oct 2020)

Paschal Donohoe: It is assumed that the new tax rates and bands proposed by the Deputy would be integrated into the current income tax system. On that basis, I am advised by Revenue that the estimated additional yield to the Exchequer would be of the order of €1.3 billion and €1.7 billion on a first year and full year basis respectively. These calculations have been generated by reference...

Written Answers — Department of Finance: Tax Code (7 Oct 2020)

Paschal Donohoe: As there are considerable differences in each person’s tax circumstances, it is not possible to provide details of the estimated undercharges arising from the taxation of payments under the Temporary Wage Subsidy Scheme (TWSS), nor to estimate the numbers of individuals who may have such undercharges. The TWSS was legislated for in section 28 of the Emergency Measures in the...

Written Answers — Department of Finance: Tax Code (7 Oct 2020)

Paschal Donohoe: The Financial Measures (Covid-19) (No. 2) Act 2020 put on a statutory footing the arrangements for the ‘warehousing’ of tax debts that Revenue had been operating on an administrative basis since the beginning of Covid-19 related restrictions in March 2020. The arrangements apply to VAT liabilities in respect of January/February 2020 to July/August 2020 inclusive and PAYE...