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Financial Provisions (Covid-19) (No. 2) Bill 2020: Committee Stage (Resumed) and Remaining Stages (29 Jul 2020)

Paschal Donohoe: At that particular point, the Government was trying to revise the public health guidance that was available to the country. We were trying to prioritise the public health of our country. Again, the suggestion that the Government had in mind anything but the well-being and health of the constituents Deputy Mattie McGrath mentions belittles the seriousness of this issue. I absolutely...

Financial Provisions (Covid-19) (No. 2) Bill 2020: Committee and Remaining Stages (29 Jul 2020)

Paschal Donohoe: -----on behalf of his constituents.

Financial Provisions (Covid-19) (No. 2) Bill 2020: Committee and Remaining Stages (29 Jul 2020)

Paschal Donohoe: I will keep going.

Financial Provisions (Covid-19) (No. 2) Bill 2020: Committee and Remaining Stages (29 Jul 2020)

Paschal Donohoe: Thank you very much, a Leas-Cheann Comhairle. Yes, I referred to what Deputy Mattie McGrath said. If he is going to engage in the kind of debate he attempted to engage in earlier, he needs to be prepared for those who are willing to respond, and I am willing to do so. The issues the Deputy attempted to raise about artists and those who give such soul to our country are also the very reason...

Financial Provisions (Covid-19) (No. 2) Bill 2020: Committee and Remaining Stages (29 Jul 2020)

Paschal Donohoe: With regard to Deputy Boyd Barrett's intervention, I was very willing to respond to the points raised on Second Stage. I was here for all of the Second Stage debate, as I should be when legislation of this importance is discussed. I listened to every Deputy and took note of what they said. I would have been in a position to respond. I want to put on the record of the House that I did not...

Financial Provisions (Covid-19) (No. 2) Bill 2020: Committee and Remaining Stages (29 Jul 2020)

Paschal Donohoe: In responding to the issues raised in respect of this section, it is important to put these matters in context during this debate. Many issues have been raised with regard to the temporary wage subsidy scheme and the role of the pandemic unemployment payment. As we begin this debate about the temporary wage subsidy scheme, we should anchor any discussion about the perceived limitations of...

Financial Provisions (Covid-19) (No. 2) Bill 2020: Committee and Remaining Stages (29 Jul 2020)

Paschal Donohoe: Will I make a comment on each section as we move through the Bill? I am happy to do so.

Financial Provisions (Covid-19) (No. 2) Bill 2020: Committee and Remaining Stages (29 Jul 2020)

Paschal Donohoe: Section 1 is a definitions section.

Financial Provisions (Covid-19) (No. 2) Bill 2020: Committee and Remaining Stages (29 Jul 2020)

Paschal Donohoe: I am glad I-----

Financial Provisions (Covid-19) (No. 2) Bill 2020: Second Stage (Resumed) (29 Jul 2020)

Paschal Donohoe: The Deputy should read the Bill.

Financial Provisions (Covid-19) (No. 2) Bill 2020: Order for Second Stage (29 Jul 2020)

Paschal Donohoe: I move: "That Second Stage be taken now."

Financial Provisions (Covid-19) (No. 2) Bill 2020: Second Stage (29 Jul 2020)

Paschal Donohoe: I move: "That the Bill be now read a Second Time." I am pleased to have the opportunity to introduce the Financial Provisions (Covid-19) (No. 2) Bill 2020 to the House this morning. This Bill provides the legislative basis to introduce the tax measures that the Government announced as part of the €7.2 billion July jobs plan last week. This plan is the next stage in our response...

Written Answers — Department of Finance: Help-To-Buy Scheme (29 Jul 2020)

Paschal Donohoe: The Help to Buy incentive (HTB) 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 of the Taxes Consolidation Act 1997...

Written Answers — Department of Finance: Tax Code (29 Jul 2020)

Paschal Donohoe: My Department has provided a Tax Expenditures Report with each Budget since Budget 2016 (the Report on Tax Expenditures 2019 published on the day of Budget 2020 being the most recent).  It can be found at the following link: The versions of this report issued in previous years are also available online, and I expect the next such report, that for 2020, to be published alongside...

Written Answers — Department of Finance: Covid-19 Pandemic (29 Jul 2020)

Paschal Donohoe: As the Deputy will be aware, on 21 July 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: Freedom of Information (29 Jul 2020)

Paschal Donohoe: At the time of answering, there are 23 active Freedom of Information requests being processed in the Department of Finance. There are currently two requests which have exceeded the four week processing timeframe as prescribed under Section 13(1) of the FOI Act.  However, the first request is subject to the extension provided under Section 27 (Fees and charges) and as such, is not...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (29 Jul 2020)

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) was introduced on 26 March 2020 to provide income support to eligible employees where the employer’s business activities have been negatively impacted by the Covid-19 pandemic. The transitional phase of the scheme operated until 3 May 2020, while the necessary IT systems were being developed. This transitional phase provided a subsidy of...

Written Answers — Department of Finance: Covid-19 Pandemic (29 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: Equality Proofing of Budgets (29 Jul 2020)

Paschal Donohoe: I propose to take Questions Nos. 129 and 130 together. The Government’s belief in the importance of gender and equality proofing remains an integral part of our overall commitments in dealing with the economic fallout from the Covid-19 pandemic. Indeed, the National Economic Plan will reaffirm the approach set out in the Programme for Government, which states that we will build upon...

Written Answers — Department of Finance: Tax Data (29 Jul 2020)

Paschal Donohoe: Revenue has advised me that the number of PAYE taxpayers who received tax refunds in the last five years is set out in the table below. The figures for the most recent four years are subject to change as additional claims are still possible. Tax Year Number of PAYE taxpayers Amount refunded - €m 2015 720,010 464.9 ...

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