Results 11,761-11,780 of 33,289 for speaker:Paschal Donohoe

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

Paschal Donohoe: I fully appreciate the difficulties that people on the Temporary Wage Subsidy Scheme are experiencing in relation to mortgage applications and drawdowns. The Central Bank has made it clear to all regulated firms that they must take a consumer-focused approach and to act in their customer's best interests at all times, including during the Covid-19 pandemic, and...

Written Answers — Department of Finance: Help-To-Buy Scheme (30 Jul 2020)

Paschal Donohoe: Section 477C of the Taxes Consolidation Act of 1997 provides for The Help to Buy scheme (HTB).  HTB was initially announced on 19 July 2016 as part of the ‘Rebuilding Ireland: Action Plan for Housing and Homelessness’ and was due to terminate on 31 December 2019. However, in Finance Act 2019, I provided for an extension of the scheme, in its...

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

Paschal Donohoe: It is assumed that the Deputy is referring to the Employment Wage Subsidy Scheme (EWSS) top rate of €203 which will come into effect from 1 September in the case of employers who previously availed of the Temporary Wage Subsidy Scheme (TWSS) which will cease at the end of August. The TWSS was introduced on 26 March to support firm viability and preserve the relationship...

Written Answers — Department of Finance: Aviation Policy (30 Jul 2020)

Paschal Donohoe: In response to the first part of the Deputy's question, as indicated, the proceeds of the sale of the State's shareholding in Aer Lingus have been used to establish the Connectivity Fund which is managed by the Ireland Strategic Investment Fund (ISIF). The Connectivity Fund is being invested on a commercial basis as a sub portfolio of the ISIF fund, and consistent with the overall...

Written Answers — Department of Finance: Aviation Industry (30 Jul 2020)

Paschal Donohoe: I am advised by Revenue that the information available at this time from tax returns is the number of people employed by aircraft leasing companies for the years 2016 to 2018. This information is set out in the table below.   Information in respect of 2019 will be available when tax returns for that year are filed later in 2020. Tax returns in respect of 2020 are not due to be filed...

Written Answers — Department of Finance: Aviation Industry (30 Jul 2020)

Paschal Donohoe: I am advised by Revenue that it aims to match its compliance intervention in any given case to the compliance behaviour exhibited by the taxpayer and thereby have regard to the nature and scale of risk. The interventions undertaken by Revenue range from the less intrusive Aspect Queries through to Investigations for cases of suspected serious tax and duty evasion. Full details of...

Written Answers — Department of Finance: Tax Data (30 Jul 2020)

Paschal Donohoe: I am advised by Revenue that, as there is no legislative requirement for a company to notify the Revenue Commissioners when it ceases to be a section 110 company, it is not possible in the time available to physically determine the total number of such companies in each of the years specified.  However, the following information is available in respect of the number of Section 110...

Written Answers — Department of Finance: Ministerial Communications (30 Jul 2020)

Paschal Donohoe: Deputy Sean Fleming is Minister of State at my Department with responsibility for Financial Services, Credit Unions and Insurance. Following the formation of the Government, and prior to the appointment of Deputy Fleming, Deputy Jack Chambers served as Minister of State with responsibility for Financial Services, Credit Unions and Insurance. I wish to inform the Deputy that neither I,...

Written Answers — Department of Finance: Ministerial Meetings (30 Jul 2020)

Paschal Donohoe: I wish to inform the Deputy that, as a matter of course, my diary is published on my Department’s website and contains details of all of my meetings and engagements. The information is available via the following link: www.gov.ie/en/collection/1cc374-minister-paschal-donohoe-tds -diary Mr Sean Fleming TD is Minister of State at my Department with responsibility for Financial Services,...

Written Answers — Department of Finance: Ministerial Advisers (30 Jul 2020)

Paschal Donohoe: I wish to inform the Deputy that 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 appointment of Special Advisers is subject to section 11 of the Public Service Management Act 1997. The Guidelines for the 33rd Dáil, which incorporate the principles of...

Written Answers — Department of Finance: Ministerial Advisers (30 Jul 2020)

Paschal Donohoe: I wish to inform the Deputy that 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 appointment of Special Advisers is subject to section 11 of the Public Service Management Act 1997. The Guidelines for the 33rd Dáil, which incorporate the principles of...

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

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) was legislated for in section 28 of the Emergency Measures in the Public Interest (Covid-19) Act 2020. The key eligibility criteria for the scheme are that: - the business is suffering significant negative economic impact due to the pandemic, specifically the employer must demonstrate to Revenue’s satisfaction that, by reason of the Covid-19...

Written Answers — Department of Finance: Tax Reliefs (30 Jul 2020)

Paschal Donohoe: The following table sets out details of the cost of the tax relief for trade union subscriptions in the seven years immediately prior to its end, including 2010 (in which year, the measure cost some €26 million): Year Cost (€ million) No. of  Claims 2004 10.7 248,300 2005 11.8 ...

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

Paschal Donohoe: As I have outlined previously, the VAT rate changes implemented by Revenue following the European Commission Decision C (2020)2146, fully implemented the scope for zero rating imports of COVID-19 related goods permitted by the Decision and also implemented a corresponding temporary zero rating of similar, specified domestic supplies.  Any further extension of zero rating to cover...

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

Paschal Donohoe: In accordance with section 137 of the Stamp Duties Consolidation Act 1999, all duties for the time being chargeable by law as stamp duties are under the care and management of the Revenue Commissioners.

Written Answers — Department of Finance: Help-To-Buy Scheme (30 Jul 2020)

Paschal Donohoe: An increase in the supply of new housing remains a priority aim of Government policy. The Help to Buy (HTB) scheme is specifically designed to encourage an increase in demand for affordable new build homes in order to encourage the construction of an additional supply of such properties. If HTB were also available for second-hand properties, it would limit the incentive effect on the...

Written Answers — Department of Finance: State Claims Agency (30 Jul 2020)

Paschal Donohoe: It was not possible for the State Claims Agency to provide the information sought in the time available and, therefore, I will make arrangements to provide the information to the Deputy in line with Standing Orders.

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

Paschal Donohoe: I propose to take Questions Nos. 319 and 320 together. As the Deputy will be aware, on 21July 2020, Heads of State and Government reached agreement on the Post-2020 Multiannual Financial Framework (MFF) and Next Generation EU, totalling €1.82 trillion. Difficult discussions took place over four days but the Government welcomes this agreement. It is a fair and balanced outcomeand...

Written Answers — Department of Finance: EU Funding (30 Jul 2020)

Paschal Donohoe: I propose to take Questions Nos. 321 to 323, inclusive, together. As the Deputy will be aware, on 21stJuly 2020, Heads of State and Government reached agreement on the Post-2020 Multiannual Financial Framework (MFF) and Next Generation EU, totalling €1.82 trillion. Difficult discussions took place over four days but the Government welcomes this agreement. It is a fair and balanced...

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

Paschal Donohoe: I propose to take Questions Nos. 324 and 325 together. I am advised by Revenue that VAT returns and payments are largely due two months in arrears. I am also advised that the returns to do not separately identify payments at 13.5% (or at other rates). Exchequer VAT receipts are €5.3 billion for the first six months of 2020 but for the reasons stated, it is not possible to identify the...