Results 10,901-10,920 of 32,547 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Departmental Communications (17 Sep 2020)

Paschal Donohoe: I wish to inform the Deputy that my Department’s Press Office manages the official social media accounts on behalf of the Department in line with the Department’s social media policy. As part of the Press Office’s normal operation, both traditional print and social media are monitored for content of relevance to the work of my Department. I am informed that a...

Written Answers — Department of Finance: Value Added Tax (17 Sep 2020)

Paschal Donohoe: Ireland has applied the zero rate of VAT to sanitary towels and sanitary tampons since 1973.  Under the VAT Directive Ireland can continue to zero rate these products but cannot extend zero rating to further products, including newer sanitary products such as menstrual cups, menstrual panties and menstrual sponges.

Written Answers — Department of Finance: Covid-19 Pandemic Supports (16 Sep 2020)

Paschal Donohoe: The Employment Wage Subsidy Scheme (EWSS) was legislated for in the recently enacted Financial Provisions (Covid-19) (No. 2) Act 2020, replacing the TWSS from 1 September 2020 until March 2021. It provides a flat-rate subsidy to qualifying employers, based on the number of qualifying employees on the payroll. This adaptation from the TWSS will allow employers to rely on the...

Written Answers — Department of Finance: Illicit Trade (16 Sep 2020)

Paschal Donohoe: I am assured by Revenue that combatting the threat which cross-Border smuggling and the illicit trade in tobacco, alcohol and fuel products pose to legitimate business, consumers and the Exchequer is a priority for them. Revenue acts against all aspects of the illegal tobacco trade and uses a combination of risk analysis, profiling and intelligence, and risk-based screening of cargo,...

Written Answers — Department of Finance: Tax Data (16 Sep 2020)

Paschal Donohoe: I propose to take Questions Nos. 31 to 33, inclusive, together. Regarding Question 24213/20, I am advised by Revenue that they publish a series of income distribution statistics which are available at link: . Under this link, the table ‘RVA01 Distribution of Income Tax by Type of Gross Income, Range of Gross Income, Marital Status, Year and Statistic’ provides the...

Written Answers — Department of Finance: Tax Data (16 Sep 2020)

Paschal Donohoe: I propose to take Questions Nos. 34 to 37, inclusive, together. I am informed by Revenue that information in respect of the total assets held by individuals, investment funds and holding companies is not available and therefore an estimate of the yield from the introduction of an emergency tax as proposed in Questions 24295-20 and 24296-20 cannot be provided. In relation to Questions 24297/20...

Written Answers — Department of Finance: Tax Credits (16 Sep 2020)

Paschal Donohoe: The flat rate expense (FRE) regime is an administrative practice operated by Revenue to ease the administrative burden on Revenue and on employees in certain sectors by facilitating the automatic granting of a fixed tax allowance to cover allowable employment-related expenses, without the need for annual claims by every employee concerned.  It applies where both specific commonality of...

Written Answers — Department of Finance: Help-To-Buy Scheme (15 Sep 2020)

Paschal Donohoe: The Help to Buy (HTB) incentive, is a scheme to assist first-time purchasers with the deposit they need to buy or build a new house or apartment. 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. The legislation governing the HTB scheme is set out in section...

Written Answers — Department of Finance: Civil Service (15 Sep 2020)

Paschal Donohoe: As outlined in my reply to Parliamentary Question reference 16793/20 on 22 July, I am advised by Revenue that the person concerned is employed as a Clerical Officer with Revenue in Dundalk, in full-time capacity, Monday to Friday. The retained firefighter role requires availability on call, six days out of eight and is not therefore compatible with a fulltime post in Revenue.

Written Answers — Department of Finance: Covid-19 Pandemic Supports (15 Sep 2020)

Paschal Donohoe: The Employment Wage Subsidy Scheme (EWSS) was legislated for in the recently enacted Financial Provisions (Covid-19) (No. 2) Act 2020. The objective of the EWSS is to support employment and maintain the link between the employer and employee insofar as is possible, as well as enabling employers scale back up their business. The EWSS provides a flat-rate subsidy to qualifying employers...

Written Answers — Department of Finance: Help-To-Buy Scheme (15 Sep 2020)

Paschal Donohoe: The Help to Buy (HTB) incentive, is a scheme to assist first-time purchasers with the deposit they need to buy or build a new house or apartment. 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. In addition to the conditions laid down in section 477C Taxes...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (15 Sep 2020)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS), which was provided for in section 28 of the Emergency Measures in the Public Interest (COVID-19) Act 2020, expired on 31 August 2020. Revenue has advised me that it is currently conducting a programme of compliance checks on all employers who availed of the scheme in order to confirm that they met the eligibility criteria and, crucially, that their...

Written Answers — Department of Finance: Vehicle Registration Tax (15 Sep 2020)

Paschal Donohoe: I am advised by Revenue that the number of vehicles registered through the Vehicle Registration Tax (VRT) system in each month during 2020 is provided in the table below, along with the VRT payments received. These figures are provisional and may be subject to some revisions. Month New Used Total VRT receipts (Payments received €m) ...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (15 Sep 2020)

Paschal Donohoe: I propose to take Questions Nos. 249 and 265 together. Revenue published detailed statistical updates on the TWSS on a weekly basis for the duration of the scheme in order to provide as timely and transparent data on the utilisation and impact of the TWSS as possible. These statistics are available at: . The Employment Wage Subsidy Scheme (EWSS) was legislated for in the recently enacted...

Written Answers — Department of Finance: Tax Code (15 Sep 2020)

Paschal Donohoe: The stabilisation of the economy from 2015 to 2019 allowed for reductions in the personal tax burden introduced in five successive Budgets. It focused on reductions to income tax targeted at low to middle income earners. The lower rates of Universal Social Charge were reduced from 2%, 4% and 7% to 0.5%, 2% and 4.5%, respectively. The income tax standard-rate band was increased by...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (15 Sep 2020)

Paschal Donohoe: The Employment Wage Subsidy Scheme (EWSS) is an economy-wide enterprise support that gives a flat rate subsidy to qualifying employers to preserve the link between employee and employer and support firm viability through an unprecedented enterprise environment. The EWSS has been in operation since July and it replaced the Temporary Wage Subsidy Scheme (TWSS) from 1 September 2020. It...

Written Answers — Department of Finance: Tax Clearance Certificates (15 Sep 2020)

Paschal Donohoe: Revenue has assured me that it is very aware of the pressures faced by taxpayers and tax agents in meeting tax filing deadlines this year and is closely monitoring the position regarding the upcoming Income Tax pay and file deadline. Revenue has advised me that it will confirm this year’s Income Tax filing deadline shortly.

Written Answers — Department of Finance: Insurance Coverage (15 Sep 2020)

Paschal Donohoe: I am aware of the concerns expressed about how the insurance industry is responding to the needs of its business policyholders in these difficult times, including honouring business interruption claims. As such, I have considerable sympathy for such policyholders. However, neither I, nor the Central Bank can direct or require that insurers cover claims, including those resulting from...

Written Answers — Department of Finance: Tax Code (15 Sep 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: Covid-19 Pandemic Supports (15 Sep 2020)

Paschal Donohoe: I propose to take Questions Nos. 255 and 280 together. Between March and August 2020, over 65,000 employers received a subsidy under the Temporary Wage Subsidy Scheme (TWSS) with payments worth over €2.8 billion paid out to a total of 663,100 workers. The average monthly cost of the TWSS was around €500m which would be the expected cost per month if the measure was to be...