Results 11,841-11,860 of 33,214 for speaker:Paschal Donohoe

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...

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

Paschal Donohoe: A review of the Local Property Tax was completed by my Department in conjunction with the Departments of the Taoiseach, Public Expenditure & Reform and Housing, Local Government and Heritage and the Revenue Commissioners and the report was published in April 2019 (available at ). In accordance with its terms of reference, the review focused on the impact of house price movements on...

Written Answers — Department of Finance: Tobacco Smuggling (21 Jul 2020)

Paschal Donohoe: The serious threat that illicit trade in tobacco, alcohol and fuel products poses to legitimate business, to consumers and the Exchequer is clear and I am assured that combatting such criminality continues to be a Revenue priority. Revenue and An Garda Síochána collaborate closely in acting against cross-Border fuel, alcohol and tobacco crime, and also cooperate with their...

Ceisteanna Eile - Other Questions: Covid-19 Pandemic Supports (16 Jul 2020)

Paschal Donohoe: I became aware of the clarified guidance from the European Banking Authority, EBA, on this matter shortly after it issued. That is when I became aware of it.

Ceisteanna Eile - Other Questions: Covid-19 Pandemic Supports (16 Jul 2020)

Paschal Donohoe: I cannot remember the exact date but I became aware of it when it was published by the European Banking Authority. In dealing with the banks, I have made it very clear that it is critical that this period, when Covid is having such a great effect on the lives and incomes of our citizens, not be used as an opportunity to make additional profit. When we see the financial statements which the...

Ceisteanna Eile - Other Questions: Covid-19 Pandemic Supports (16 Jul 2020)

Paschal Donohoe: I do not fully understand the allegation Deputy Doherty is making but I have stated again and again in responding to questions this morning-----

Ceisteanna Eile - Other Questions: Covid-19 Pandemic Supports (16 Jul 2020)

Paschal Donohoe: My guiding interest in all of this is to protect and support the tens of thousands of families who are under pressure as a result of this pandemic. My track record in all of this is clear. I answered the Deputy's question regarding when I became aware of the engagement between the Central Bank of Ireland and the European Banking Authority earlier on. At that meeting, the banks made clear...

Ceisteanna Eile - Other Questions: Covid-19 Pandemic Supports (16 Jul 2020)

Paschal Donohoe: I will not comment on the affairs of any one particular company because its tax affairs and profitability are matters relevant only to it. The key point in regard to what Deputy Paul Murphy has just said is the thousands of people such a company employs. My guiding principle in the development of the wage subsidy scheme and the work we are doing is to protect those jobs, the families who...

Ceisteanna Eile - Other Questions: Covid-19 Pandemic Supports (16 Jul 2020)

Paschal Donohoe: The whole purpose of the wage subsidy plan and the changes we intend to make to it is to keep people in work. The other issues to which the Deputy has referred are best dealt with in other Government policy decisions. The purpose of the wage subsidy scheme is to keep people in work and to ensure they have a job in the future. More than 400,000 of our citizens have kept their jobs and have...