Results 11,221-11,240 of 32,602 for speaker:Paschal Donohoe

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

Paschal Donohoe: The VAT rating of goods and services is subject to the requirements of the EU VAT Directive, with which Irish VAT law must comply. In general, the VAT Directive provides that all goods and services are liable to VAT at the standard rate unless they fall within Annex III of the Directive, in respect of which Member States may apply either one or two reduced rates of VAT. The “use of...

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

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) is available to employees, whether full-time or part-time, who were on their employer payroll at 29 February 2020. This requirement is set down in Section 28 of the Emergency Measures in the Public Interest (COVID-19) Act 2020. I am advised by Revenue that the person in question has been employed by two separate employers during 2020 (to date). She...

Written Answers — Department of Finance: Ministerial Advisers (21 Jul 2020)

Paschal Donohoe: On the commencement of every Dáil, the Department of Public Expenditure and Reform issues guidelines setting out the arrangements for the staffing of Ministerial Offices. The Guidelines for the 33rd Dáil are currently awaiting Government approval. It should be noted that the appointment of individual Special Advisers is a matter for each Government Minister subject to the terms...

Written Answers — Department of Finance: Economic Data (21 Jul 2020)

Paschal Donohoe: At present, the Central Statistics Office (CSO) publish investment by asset class (including, machinery and equipment, building and construction, etc.) and not by economic sectors. In line with this, my Department also produces investment projections by asset class rather than by sector. Nonetheless, the nominal value for total gross fixed capital formation (GFCF) or total investment in 2019...

Written Answers — Department of Finance: Tax Data (21 Jul 2020)

Paschal Donohoe: I am advised by Revenue that based on 2019 sales levels and the average Nitrogen Oxide (NOx) rate charged per vehicle in the first six months of 2020, the proposed increase could raise an additional €55m in a full trading year. The bulk of this additional amount (€34m) would arise from imports of second-hand diesel vehicles. This estimate assumes no consumer behavioural change...

Written Answers — Department of Finance: Insurance Costs (21 Jul 2020)

Paschal Donohoe: At the outset, it is important to note that I am very much aware of the problems faced by many businesses and consumers in relation to the cost and availability of insurance. The Government will continue to prioritise reform of the insurance sector with particular emphasis on motor, public liability, and employer liability insurance. This is recognised in the Programme for...

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

Paschal Donohoe: While I, as Minister for Finance, have no function in respect of tracking landlord dealings with enterprises, the Banking Division of my Department does monitor bank lending with a particular focus on SME access to credit and related issues. The Strategic Banking Corporation of Ireland (SBCI), a body under the aegis of my Department, is closely involved in the design and implementation of...

Written Answers — Department of Finance: Departmental Contracts (21 Jul 2020)

Paschal Donohoe: The Department of Finance did not hold any contracts with Aramark or its subsidiaries during the period 1 January 2016 to 14 July 2020. There are 17 bodies under the aegis of my Department. Of these bodies, 11 have not awarded any contracts to Aramark Ireland or its subsidiaries for the period in question. These bodies are the Office of the Comptroller and Auditor General, the Credit Review...

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

Paschal Donohoe: Revenue publishes detailed statistics on the COVID-19 Temporary Wage Subsidy Scheme (TWSS) and weekly updates to these statistics are available at . I am advised that Table 6 of the TWSS statistics dated 2 July(at the above link) shows the most recent analysis available in respect of additional payments by employers availing of the TWSS to employees. From this analysis, over 88% of employees...

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

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) supports employment during the public health restrictions necessitated by the COVID-19 pandemic. The scheme has to date supported almost 63,000 employers in maintaining the employment of some 618,000 employees at a cost over €2 billion. The Deputy’s question refers to the ongoing programme of compliance checks by Revenue to ensure...

Written Answers — Department of Finance: Banking Sector (21 Jul 2020)

Paschal Donohoe: The swift introduction, and subsequent extension to 6 months, of the payment breaks by the Banking and Payments Federation of Ireland was critical for borrowers impacted by Covid-19. The payment breaks on mortgages allow households to absorb the shock of the crisis, so that as many as possible can recover once the virus is under control. As at the end of June, the Central Bank reported...

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

Paschal Donohoe: The Government’s priority in so far as the Temporary Wage Subsidy Scheme (TWSS) is concerned was and is to ensure that all employers experiencing significant negative economic disruption from COVID-19 can register for and start to receive payment quickly. The ambition of the scheme is to ensure the relationship between employers and employees is maintained to the greatest extent...

Written Answers — Department of Finance: EU Investigations (21 Jul 2020)

Paschal Donohoe: As the Deputy is aware, the General Court of the European Union (GCEU) annulled the European Commission's State Aid Decision of 30 August 2016 in relation to Apple. The GCEU concluded that the Commission in their Decision had failed to demonstrate that by issuing the opinions in 1991 and 2007 that the Irish authorities had granted the two Apple companies ASI and AOE a selective advantage....

Written Answers — Department of Finance: Tax Avoidance (21 Jul 2020)

Paschal Donohoe: Legislative proposals in the field of taxation are brought forward on the basis of Articles 113 and 115, which require unanimous approval by Member States to be adopted. Article 116 of the Treaty of the Functioning of the European Union provides that a legislative proposal may be agreed using the ordinary voting procedure if a difference between the provisions laid down by law, regulation...

Written Answers — Department of Finance: Housing Data (21 Jul 2020)

Paschal Donohoe: I am advised by NAMA that, from 2014 to end-March 2020, NAMA has funded the direct delivery of 11,761 residential units and facilitated the indirect delivery of 5,357 units. Therefore, the figure of 17,000 units per NAMA’s 2019 Annual Report includes 5,300 units which have been indirectly delivered by NAMA. Indirect delivery relates to units delivered on sites for which NAMA...

Written Answers — Department of Finance: Cycling Policy (21 Jul 2020)

Paschal Donohoe: As I outlined in my responses to a number of questions on the cycle to work scheme on 16 June, any extension of the scheme or increase in the allowance, would create an additional cost and that cost must be recovered elsewhere. The scheme continues to be kept under review by my officials and the Programme for Government commitment will be considered as part of the ongoing budgetary and...

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

Paschal Donohoe: The Government is fully aware of the unprecedented impact that the coronavirus is having on business and people’s livelihoods. In this regard a range of measures have been introduced to provide income support to those who need it while also giving confidence to employers to retain the link with employees so that when this crisis passes our people can get back to work as quickly and...

Written Answers — Department of Finance: Housing Issues (21 Jul 2020)

Paschal Donohoe: As the Deputy will appreciate, I do not have a statutory responsibility for all State agencies; instead my functional responsibility relates to the public affairs connected with my Department and also to matters of administration for which I am responsible, including in respect of Government policy, those particular bodies which fall within the functional remit of my Department. While I...

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

Paschal Donohoe: As the Deputy will be aware, a wide range of submissions are received by Government Departments and all submissions received by the Department of Finance are considered by the relevant officials. Submissions related to tax may also be reviewed by officials in the Revenue Commissioners. The VAT Directive (2006/112/EC) was amended by Council Directive 2009/47/EC of 5 May 2009, allowing for...

Written Answers — Department of Finance: Property Tax (21 Jul 2020)

Paschal Donohoe: I propose to take Questions Nos. 212 to 215, inclusive, together. Revenue publishes regular detailed statistical information in relation to Local Property Tax (LPT). This data is available at . Regarding the Deputy’s specific questions, the ‘end of year report’ headings of the published statistics include, on a local authority basis, the LPT receipts collected, the number...