Results 10,661-10,680 of 33,175 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Primary Medical Certificates (24 Nov 2020)

Paschal Donohoe: The Disabled Drivers and Passengers scheme provides for the repayment or remission of VAT and Vehicle Registration Tax (VRT), up to a certain limit, on the purchase of an adapted vehicle for the transport of a person with specific severe and permanent physical disabilities. Qualification for the scheme also provides access to the Fuel Grant Scheme and for a waiver of motor tax. In order...

Written Answers — Department of Finance: Motor Insurance (24 Nov 2020)

Paschal Donohoe: At the outset, it is important to note that neither I, nor the Central Bank of Ireland, can direct the pricing of insurance products, as this is a commercial matter, nor can we compel any insurer operating in the Irish market to provide cover. This position is reinforced by the EU Single Market framework for insurance (the Solvency II Directive) which expressly prohibits Member States from...

Written Answers — Department of Finance: Legislative Process (24 Nov 2020)

Paschal Donohoe: The following table sets out all primary legislation for which my Department was responsible, other than the annual Finance Acts, enacted or initiated since the 1/1/2017. The table sets out whether pre-legislative scrutiny occurred in respect of each piece of legislation concerned. The annual Finance Acts are not subject to the pre-legislative scrutiny process so those acts are not included...

Written Answers — Department of Finance: Departmental Staff (24 Nov 2020)

Paschal Donohoe: Article 37 of the General Data Protection Regulation (GDPR) which came into effect on 25 May 2018 requires that where a data controller or processor is a public authority or body, they shall designate a data protection officer (Article 37 (1)(a)). The data protection officer in my Department is employed at the grade of Assistant Principal (Higher).

Written Answers — Department of Finance: Retail Sector (24 Nov 2020)

Paschal Donohoe: The Retail Export Scheme enables visitors that are resident outside the EU benefit from VAT relief on goods purchased in Ireland and subsequently taken outside of the EU. Under existing rules, when the UK becomes a third country, visitors from Britain will be able to avail of the scheme. No minimum threshold currently applies in respect of expenditure on which VAT relief may be claimed. ...

Written Answers — Department of Finance: Wage Subsidy Scheme (24 Nov 2020)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) was provided for in section 28 of the Emergency Measures in the Public Interest (COVID-19) Act 2020 and was in place for 22 weeks between 26 March and 31 August. Over 66,500 employers received a subsidy under the TWSS with payments worth just under €2.9 billion paid out to over 664,000 workers. It was introduced as an emergency income...

Written Answers — Department of Finance: Cycle to Work Scheme (24 Nov 2020)

Paschal Donohoe: Section 118 (5G) of the Taxes Consolidation Act 1997 provides for the cycle to work scheme. The scheme provides an exemption from benefit-in-kind where an employer purchases a bicycle and associated safety equipment for an employee to use, in whole or in part, to travel to work. Safety equipment includes helmets, lights, bells, mirrors and locks but does not include child seats or trailers....

Written Answers — Department of Finance: Wage Subsidy Scheme (24 Nov 2020)

Paschal Donohoe: I assume the Deputy is referring to the statistical overview of the Temporary Wage Subsidy Scheme (TWSS) published by Revenue, which is available at link: www.revenue.ie/en/corporate/documents/research/statistical-o verview-of-covid-19-twss.pdf. I am advised by Revenue that table 9 of the report shows the level of top-up payments made by TWSS recipient employers to their eligible...

Written Answers — Department of Finance: Tribunals of Inquiry (24 Nov 2020)

Paschal Donohoe: My Department is currently not undertaking or in the process of setting up any tribunals, enquiries, or investigations.

Written Answers — Department of Finance: Code of Conduct on Mortgage Arrears (24 Nov 2020)

Paschal Donohoe: The protection of mortgage borrowers, including those in arrears, is a key priority for both the Central Bank. The Code of Conduct on Mortgage Arrears (CCMA) must be complied with as a matter of law and the Central Bank has the power to take enforcement action against any regulated entity who does not act in compliance with the CCMA. Whilst no public enforcement actions have been taken...

Written Answers — Department of Finance: Wage Subsidy Scheme (24 Nov 2020)

Paschal Donohoe: The Employment Wage Subsidy Scheme (EWSS) has been deliberately designed as an economy wide enterprise support that is open to all sectors on the basis of a turnover test that can be applied across the whole economy while at the same time remain targeted at employers who are considered to be most in need of support. The EWSS turnover test has been specifically calibrated so as to target...

Written Answers — Department of Finance: Revenue Commissioners (24 Nov 2020)

Paschal Donohoe: I am advised by Revenue that a request to review the decision insofar as it relates to the person concerned has very recently been received by them and the matter is now being examined. When Revenue has completed its consideration of this matter, it will advise of the outcome to the person concerned and to the Deputy.

Written Answers — Department of Finance: Tax Exemptions (24 Nov 2020)

Paschal Donohoe: I am informed by Revenue that there are a number of exemptions from Income Tax, Corporation Tax and Capital Acquisition Tax in respect of donations for sporting or charitable purposes, outlined as follows. A gift or an inheritance which is taken for public or charitable purposes is exempt from both gift tax and inheritance tax and is not taken into account when computing tax to the extent...

Written Answers — Department of Finance: Tax Credits (24 Nov 2020)

Paschal Donohoe: I am advised by Revenue that there has been no change to the “four-year rule” for repayment claims, which is provided for in section 865 Taxes Consolidation Act 1997 (TCA) and applies to claims made on or after 1 January 2005. There have been no substantive changes to the rule since its introduction. The four-year rule is not a matter of Revenue’s...

Written Answers — Department of Finance: Community Banking (24 Nov 2020)

Paschal Donohoe: This question is primarily a matter for the Minister for the Environment, Climate and Communications, Mr Eamon Ryan TD, as An Post is a body under the aegis of his Department. My role in relation to the provision of services by An Post relates purely to payment services, for which I as the Minister for Finance authorise An Post to provide. This authorisation is under the Postal and...

Written Answers — Department of Finance: Banking Sector (24 Nov 2020)

Paschal Donohoe: As the Deputy may be aware, as the Minister for Finance I have no function in relation to bankruptcy, which is a matter for my colleague the Minister for Justice. The provision of products or services, including a business bank account, to a business or consumer is a ultimately a commercial decision for regulated financial service providers to make on a case-by-case basis. I am advised...

Written Answers — Department of Finance: Pension Provisions (24 Nov 2020)

Paschal Donohoe: I am advised by Revenue that additional voluntary contributions (AVCs) are contributions that an individual can make to an occupational pension scheme in the public or private sector, in addition to their normal contributions, to increase her retirement benefits. An individual can choose the rate at which they contribute to an AVC. Tax relief is available on the amount the individual pays,...

Written Answers — Department of Finance: Wage Subsidy Scheme (24 Nov 2020)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS), which is provided for in section 28 of the Emergency Measures in the Public Interest (COVID-19) Act 2020, operated from 26 March 2020 to 31 August 2020 and was replaced by the Employment Wage Subsidy Scheme (EWSS) from 1 September 2020. The scheme was introduced as an emergency measure to provide financial support to businesses that were severely...

Written Answers — Department of Finance: Help-To-Buy Scheme (24 Nov 2020)

Paschal Donohoe: Section 477C of the Taxes Consolidation Act 1997 requires that applicants for the Help to Buy Scheme (HTB) must be first-time buyers. This includes circumstances where there is more than one person involved in the purchase or building of a new home. The definition of first time buyer in Help to Buy is as follows: 'first-time purchaser' means an individual who, at the time of a claim under...

Written Answers — Department of Finance: Revenue Commissioners (24 Nov 2020)

Paschal Donohoe: I am advised by Revenue that, based on the advice of the Attorney General’s Office, it has not made any disclosure requests to communications service providers under the Communications (Retention of Data) Act 2011 since December 2018. The following table outlines the number of disclosure requests made under the Act since 2017: Year Number of disclosure requests ...