Results 11,381-11,400 of 32,547 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Code (30 Jun 2020)

Paschal Donohoe: The question relates to an individual who is in receipt of a car provided by his employer, which has not been in use in recent months due to the current COVID-19 related restrictions. I am advised by Revenue that, for the period of the current COVID-19 related restrictions, it has agreed concessional treatment in relation to the operation of benefit-in-kind (BIK) tax charge on...

Written Answers — Department of Finance: Value Added Tax (30 Jun 2020)

Paschal Donohoe: The European Commission Decision C(2020)2146, adopted on 3 April 2020, provides for the importation of goods to fight the effects of COVID -19 from outside the European Union without the payment of VAT or Customs Duty from January 2020.  Such relief is permitted where the goods are imported by or on behalf of State bodies, public bodies and other bodies governed by public law, disaster...

Written Answers — Department of Finance: Covid-19 Pandemic Unemployment Payment (30 Jun 2020)

Paschal Donohoe: Payments under the Temporary Wage Subsidy Scheme (TWSS) are subject to income tax as are Pandemic Unemployment Payments. The Payments under TWSS are also subject to USC while Pandemic Unemployment Payments follows the general taxation rule for social welfare payments and are exempt from that charge.  Amounts paid under both schemes are exempt from PRSI charges in the case of employees....

Written Answers — Department of Finance: Wage Subsidy Scheme (30 Jun 2020)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) is provided for in section 28 of the recently enacted Emergency Measures in the Public Interest (Covid-19) Act 2020.  Of necessity, the underlying legislation and the scheme itself were developed quickly, having regard to the objective of getting financial assistance to employers and employees, where businesses have been seriously affected by the...

Written Answers — Department of Finance: Tax Credits (30 Jun 2020)

Paschal Donohoe: I am advised by Revenue that the matter to which the Deputy is referring has been resolved. Revenue has updated the person’s tax record to reflect her current employment and has issued a revised Revenue Payroll Notification (RPN) to her employer. Once the RPN is activated by the employer the person will be automatically refunded any tax and USC overpayments in her next salary payment....

Written Answers — Department of Finance: Garda Stations (30 Jun 2020)

Paschal Donohoe: I propose to take Questions Nos. 37 to 39, inclusive, together. I must advise the Deputy that matters pertaining to Garda policy are in the first instance for my colleague, the Minister for Justice.  As such, my Department has no basis on which to provide a detailed response on this matter.  However, the Office of Public Works (OPW), under the remit of the...

Written Answers — Department of Finance: Commissions of Investigation (30 Jun 2020)

Paschal Donohoe: A breakdown by year of the costs incurred by the Department of Finance on the IBRC Commission of Investigation is set out in the table below. Year  Total 2015 €223,724.55 2016 €27,180.63 2017 €74,303.49 2018 €31,383.64 2019 ...

Written Answers — Department of Finance: Mortgage Lending (30 Jun 2020)

Paschal Donohoe: It is assumed that the Deputy is referring specifically to the position of those home buyers who require a mortgage to purchase the home.  The Central Bank has advised that, in relation to consumers who have or wish to obtain a mortgage and indeed in respect of financial services more generally, it expects all regulated firms to take a consumer-focused approach and to...

Written Answers — Department of Finance: Tax Compliance (30 Jun 2020)

Paschal Donohoe: I previously dealt with this issue in my reply to Parliamentary Question Dail Question No. 78 (Ref: 10965-20) answered on the 16th June 2020. Revenue has reconfirmed to me that no interest has been charged in respect of the period that the cheque payment in question remained uncashed. However, an interest charge remained in respect of the late payment of the liability and it is in this...

Written Answers — Department of Finance: Insurance Coverage (30 Jun 2020)

Paschal Donohoe: At the outset, it is important to note that as Minister for Finance, I cannot direct insurers as to the particulars of settlement offers they should either make or accept in settling claims, including for hire purchase insurance claims, as that is a decision for them considering the merits and specifics of each individual case. However, in order to understand the nature of such Hire...

Written Answers — Department of Finance: Mortgage Lending (30 Jun 2020)

Paschal Donohoe: As you will be aware both officials and myself have engaged and will continue to engage extensively with the Banking and Payments Federation (BPFI) and the banks directly in relation to supports for personal and business customers affected by the COVID-19 crisis. Officials in my Department are alert to issues raised directly by the public and these inform the Department’s ongoing...

Written Answers — Department of Finance: Wage Subsidy Scheme (30 Jun 2020)

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

Written Answers — Department of Finance: Covid-19 Pandemic Supports (30 Jun 2020)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) is provided for in section 28 of the recently enacted Emergency Measures in the Public Interest (Covid-19) Act 2020 (The Act) and is being extended until the end of August.  The underlying legislation and the TWSS itself were developed having regard to the Government objective of providing assistance to employers and...

Written Answers — Department of Finance: Wage Subsidy Scheme (30 Jun 2020)

Paschal Donohoe: Section 28 of the Emergency Measures in the Public Interest (Covid-19) Act 2020 is the legislation underpinning the Temporary Wage Subsidy Scheme (TWSS).  The Government’s priority in so far as the 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....

Written Answers — Department of Finance: Employment Data (30 Jun 2020)

Paschal Donohoe: I am advised by Revenue that it uses the NACE (European Economic Activity Classification) system for categorising activities and taxpayers into sectors. Based on this classification, there were 2,415 self-employed income tax returns filed for 2017 (the latest year available) by taxpayers in the ‘Performing Arts’ category. The NACE system does not provide a more granular...

Written Answers — Department of Finance: Wage Subsidy Scheme (30 Jun 2020)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) is an emergency measure to deal with the impact of the COVID-19 pandemic on the economy. The underlying legislation and the scheme itself were developed within a very short timeframe to support the urgent Government objective of getting much needed assistance to employers and employees, where businesses have been seriously affected by the necessary...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (30 Jun 2020)

Paschal Donohoe: I am advised by Revenue that while working remotely does not entitle PAYE workers to a tax credit, there is a Revenue administrative practice in place relating to e-workers who incur certain expenditure in the performance of the duties of their employment from home. Revenue have confirmed that PAYE workers using their primary residence as a workplace during Covid-19 restrictions qualify as...

Written Answers — Department of Finance: Mortgage Lending (30 Jun 2020)

Paschal Donohoe: As you will be aware both officials and myself have engaged and will continue to engage extensively with the Banking and Payments Federation (BPFI) and the banks directly in relation to supports for personal and business customers affected by the COVID-19 crisis. Officials in my Department are alert to issues raised directly by the public and these inform the Department’s ongoing...

Written Answers — Department of Finance: Value Added Tax (30 Jun 2020)

Paschal Donohoe: I propose to take Questions Nos. 56 and 71 together. 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...

Written Answers — Department of Finance: Housing Data (30 Jun 2020)

Paschal Donohoe: NAMA has an objective of funding or facilitating the delivery of 20,000 residential units, subject to commercial viability, across NAMA-secured residential sites in Ireland. NAMA provides funding, on a commercial basis, to its debtors and receivers for the construction of new residential units where it can be shown that residential development will enhance the value of the secured-asset,...