Results 11,101-11,120 of 32,547 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Credit Unions (28 Jul 2020)

Paschal Donohoe: The Government recognises the key role that credit unions play in the delivery of financial services in local communities across Ireland, the need for which is heightened at this time. Credit unions account for approximately one third of the consumer credit market and are well positioned to provide credit to support the recovery.   The economic...

Written Answers — Department of Finance: Value Added Tax (28 Jul 2020)

Paschal Donohoe: The VAT rating of goods and services is subject to the requirements of EU VAT law, with which Irish VAT law must comply. Under domestic legislation, professional medical care services recognised as such by the Department of Health and Children are exempt from VAT. Professional medical care services recognised by the Department of Health and Children are generally those medical care services...

Written Answers — Department of Finance: Sustainable Development Goals (28 Jul 2020)

Paschal Donohoe: As the Deputy may be aware, in September 2015, 193 UN Member Countries including Ireland adopted the Sustainable Development Goals (SDGs) which consist of 169 targets around the 17 high level goals. The SDGs are a global blueprint for collective progress to a more prosperous and sustainable world by 2030. The SDGs are applicable to all countries, developed and developing, and action is...

Written Answers — Department of Finance: Help-To-Buy Scheme (28 Jul 2020)

Paschal Donohoe: The Help to Buy (HTB) incentive is a scheme to assist first-time purchasers with a deposit they need to buy or build a new house or apartment.  The incentive gives a refund on Income Tax and Deposit Interest Retention Tax (DIRT) paid in the State over the previous four years, subject to limits outlined in the legislation. Section 477C Taxes Consolidation Act 1997 outlines the...

Written Answers — Department of Finance: Living City Initiative (28 Jul 2020)

Paschal Donohoe: In order to qualify for tax relief under the Living City Initiative, a property must be located wholly within a “special regeneration area”. This condition is provided for by s. 372AAB (1) of the Taxes Consolidation Act 1997 which provides as follows: "qualifying premises' means a relevant house - (a)  the site of which is wholly within a special...

Written Answers — Department of Finance: EU Budget Contribution (28 Jul 2020)

Paschal Donohoe: As the Deputy will be aware, on 21stJuly 2020, Heads of State and Government reached agreement on the Post-2020 MFF and recovery plan “Next Generation EU”, totalling €1.82 trillion. Difficult discussions took place over four days. The Government has welcomed this agreement. It is a fair and balanced outcomeand demonstrates that Europe can work collectively to deal with...

Written Answers — Department of Finance: EU Budget Contribution (28 Jul 2020)

Paschal Donohoe: As the Deputy will be aware, Ireland became a net contributor to the EU Budget in 2014, and since then, this position has grown further. However, at this point in time information on Ireland’s actual net contribution to the EU Budget in 2019 and 2020 is not available. Ireland’s gross contribution to the EU Budget in 2019 was €2.4 billion. Ireland’s gross...

Written Answers — Department of Finance: EU Budgets (28 Jul 2020)

Paschal Donohoe: As the Deputy may be aware, on 25 March 2020, in response to the Covid-19 crisis, Ireland and eight other countries (Belgium, France, Greece, Italy, Luxembourg, Portugal, Slovenia, and Spain) signed a public letter to the President of the European Council (PEC) Charles Michel, calling for “a common debt instrument issued by a European institution to raise funds on the market on the...

Written Answers — Department of Finance: Mortgage Lending (28 Jul 2020)

Paschal Donohoe: I fully appreciate the concerns you raise at this difficult time about people who are experiencing uncertainty about mortgage applications and drawdowns.  My Department is maintaining close contact with the Central Bank of Ireland and Banking and Payments Federation Ireland – the BPFI - as the lending industry works to address the difficulties the Covid-19...

Written Answers — Department of Finance: Insurance Industry (28 Jul 2020)

Paschal Donohoe: Let me say at the outset that I am very much aware of the problems faced by many businesses in the leisure industry, in relation to the availability and affordability of public liability insurance.  However, neither I, nor the Central Bank of Ireland, can direct the pricing of insurance products, and neither can we compel any insurer operating in the Irish market to provide cover to...

Written Answers — Department of Finance: EU Budget Contribution (28 Jul 2020)

Paschal Donohoe: As the Deputy will be aware, Ireland became a net contributor to the EU Budget in 2014, and since then, this position has grown further. However, at this point my Department does not have information regarding Ireland’s actual net contribution to the Post-2020 Multiannual Financial Framework (MFF) in each year until 2024. Irish contributions to the EU budget are expected to rise...

Written Answers — Department of Finance: Value Added Tax (28 Jul 2020)

Paschal Donohoe: I am advised by Revenue that in order for home care services to qualify for exemption, the provider must act as principal and must be recognised by the HSE as a home care provider. The home care provider is required to give notice in writing to the HSE of their own details as well as details of the persons to whom they provide home care services and the nature of such services so...

Written Answers — Department of Finance: Customs and Excise (28 Jul 2020)

Paschal Donohoe: I am advised by Revenue that it is aware of the emerging trend in the misuse of nitrous oxide. Revenue is closely monitoring importations of the product into the State. Nitrous oxide containers are not prohibited goods as they have a number of legitimate uses, for example in the food industry. However, where Revenue has reasonable grounds for believing that the goods being imported will...

Written Answers — Department of Finance: Revenue Commissioners (28 Jul 2020)

Paschal Donohoe: I am advised by Revenue that it currently operates 19 Dog Detector Teams, which includes one team working on behalf of the Department of Agriculture, Food and the Marine. A further 7 posts, which are vacant due to staff movements, are in the process of being filled. Statistics in relation to seizures by the Teams are compiled on an annual basis. The table below sets out the seizures secured...

Written Answers — Department of Finance: Value Added Tax (28 Jul 2020)

Paschal Donohoe: The VAT rating of goods and services is subject to the requirements of EU VAT law with which Irish VAT law must comply.  The VAT Directive does not make specific provision for a reduced or zero rate to apply to safety equipment, including life saving equipment, and as such they are subject to the standard VAT rate, which is currently 23%.  However, for historic reasons the zero rate...

Written Answers — Department of Finance: Ministerial Briefing (28 Jul 2020)

Paschal Donohoe: I wish to advise the Deputy that a briefing document prepared by the Department of Finance was provided to me on my appointment as Minister for Finance. A copy of this document, having regard to the relevant provisions of the Freedom of Information Act 2014, is available from my Department’s website at the following link: . As such, the document will not be provided on an individual basis.

Written Answers — Department of Finance: Covid-19 Pandemic Supports (28 Jul 2020)

Paschal Donohoe: I am advised by Revenue that over 63,000 employers have accessed the Temporary Wage Subsidy Scheme (TWSS) to date in respect of almost 627,000 employees. The numbers of employers availing of the scheme varies from week to week, depending on factors such as the pay frequencies that fall due, i.e. weekly, monthly, etc. For example, over 31,800 employers claimed the subsidy in respect of...

Written Answers — Department of Finance: EU Issues (28 Jul 2020)

Paschal Donohoe: I have consistently recognised that the international taxation system needs to adapt to account for changes in how business is conducted due to increased digitalisation in recent years. I strongly believe that the best way to achieve a sustainable solution is by securing global agreement.  The OECD BEPS Inclusive Framework is the forum in which can global agreement can...

Written Answers — Department of Finance: Covid-19 Pandemic (28 Jul 2020)

Paschal Donohoe: As the Deputy will be aware, on 21stJuly 2020, Heads of State and Government reached agreement on the Post-2020 MFF and Next Generation EU, totalling €1.82 trillion. Difficult discussions took place over four days but I welcome this agreement and think this is a fair and balanced outcomeand demonstrates that Europe can work collectively to deal with this once-in-a-generation crisis....

Written Answers — Department of Finance: Covid-19 Pandemic (28 Jul 2020)

Paschal Donohoe: By social conditionality I take the Deputy to mean ensuring that a basic level of social protection for the most vulnerable people is included in Government decisions. The aim of the July Stimulus is to help get Ireland’s businesses back on their feet and get as many people back to work as quickly as possible. The package consists of over fifty measures and represents the...