Results 11,561-11,580 of 33,214 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Covid-19 Pandemic Supports (17 Sep 2020)

Paschal Donohoe: As regards the Deputy’s question, the existing cost estimate for the Employment Wage Subsidy Scheme (EWSS) as set out below is based on the scheme being implemented in its totality as currently configured. It is not possible at the present time to provide a reliable estimate of the cost impact of alterations to individual elements of the scheme (such as the rates and qualifying...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (17 Sep 2020)

Paschal Donohoe: I propose to take Questions Nos. 84 and 85 together. Revenue has advised me that it cannot accurately provide the numbers of employee recipients of the TWSS by their level of gross weekly pay due to the required format used by employers when filing (employee) payslips. For example, gross pay was required to be reported as €0.01 where the employer did not make an additional...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (17 Sep 2020)

Paschal Donohoe: Tax relief measures with a value of approximately €1.4 billion (net cost to Exchequer approximately €900 million) were introduced in the July Stimulus package. The estimated cost of the reduced interest on tax debts measure is €5m in 2020 and €20 m in 2021. The Stay and Spendscheme will cost an estimated €270m in total (upper-estimate). The cost...

Written Answers — Department of Finance: Economic Data (17 Sep 2020)

Paschal Donohoe: My Department produces a full set of economic and fiscal forecasts twice a year, in the Stability Programme Update in the spring and again in the Budget in October. As the Deputy will be aware, the unprecedented economic situation of the last six months has meant that the outlook for this year has been subject to exceptional uncertainty. My officials are currently undertaking work on a...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (17 Sep 2020)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) was introduced on 26 March to support firm viability and preserve the relationship between the employer and employee insofar as possible.  When originally announced, it was expected that this economy-wide measure would be in place for 12 weeks until mid-June but this was later extended until the end of August 2020.  Payments made to...

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

Paschal Donohoe: Revenue conducted a comprehensive review of the administratively based Flat Rate Expenses (FRE) regime in 2018 and 2019.  Revenue has advised that the purpose of the FRE review, which involved engagement with relevant representative bodies, was to ensure that the expenses granted to each employment category remain justified and appropriate to modern day employments and work...

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

Paschal Donohoe: I am advised by the Revenue Commissioners that feminine hygiene products, such as those that meet the Harmonised System (HS) Heading 9619 classification as per Council Regulation (EEC) No 2658/87, for example tampons and sanitary towels, are VAT zero rated in Ireland. No VAT is collected on the sale of these products and any VAT incurred across the supply chain is refunded. Other...

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) ...