Results 101-120 of 1,641 for vat speaker:Paschal Donohoe

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Written Answers — Department of Finance: Tax Code (27 Sep 2022)

Paschal Donohoe: ...to remove section 664A, perhaps on a phased basis over a number of years, might be appropriate. The fact that the normal business deduction in respect of input costs would remain in place as well as the VAT refund scheme for business diesel expenditure should also be kept in mind. However, the war in Ukraine has caused fuel prices to increase and has raised concerns domestically about...

Written Answers — Department of Finance: Departmental Reviews (27 Sep 2022)

Paschal Donohoe: ...where relevant, and the bodies conducting the live studies, reviews and research projects in my Department as follows: Live studies, reviews and research projects Cost (Ex-VAT) Conducted by External review of Help to Buy Scheme €64,300 Mazars -Working paper/research - Revenue Exposure to Climate Change...

Written Answers — Department of Finance: State Bodies (27 Sep 2022)

Paschal Donohoe: I propose to take Questions Nos. 133 and 134 together. The Disabled Drivers and Disabled Passengers Scheme provides relief from Vehicle Registration Tax and VAT on an adapted car, as well as an exemption from motor tax and an annual fuel grant. The Scheme is open to severely and permanently disabled persons as a driver or as a passenger and also to certain charitable organisations. In...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Energy Policy (22 Sep 2022)

Paschal Donohoe: ...further and agreed an additional package of €505 million, including the €200 energy credit and a lump sum payment of €125 for those in receipt of the fuel allowance. We also changed the rate of VAT on electricity and gas and cut excise, among other measures totalling approximately €2.4 billion. In the study to which the Deputy referred, the measure that is...

Written Answers — Department of Finance: Tax Code (22 Sep 2022)

Paschal Donohoe: ...practice that the Minister for Finance does not comment, in advance of the Budget, on any tax matters that might be the subject of Budget decision. Currently newspapers are subject to a 9% VAT rate. It is acknowledged that Annex III of the VAT Directive which determines what products and services can fall into the reduced rate categories has been amended recently. In this regard,...

Written Answers — Department of Finance: Enterprise Support Services (22 Sep 2022)

Paschal Donohoe: ...€2.4 billion have been introduced to ease the burden of cost of living pressures. These include a temporary reduction in excise duties charged on fuels, a temporary reduction in the rate of VAT on the supply of gas and electricity, and the electricity credit of €200. However it must be acknowledged that this energy crisis affects not only Ireland but all of Europe, arising...

Written Answers — Department of Finance: Tax Code (22 Sep 2022)

Paschal Donohoe: ..., in advance of the Budget, on any tax matters that might be the subject of Budget decision. I am advised by the Revenue Commissioners that traders are not required to separately identify the VAT yield generated from a particular product type or activity on their VAT returns. Therefore, it is not possible to provide an estimated cost of reducing the VAT rates on the specific products...

Written Answers — Department of Finance: Departmental Reviews (22 Sep 2022)

Paschal Donohoe: I propose to take Questions Nos. 127, 145, 160 and 163 together. The Disabled Drivers and Disabled Passengers Scheme provides relief from Vehicle Registration Tax and VAT on an adapted car, as well as an exemption from motor tax and an annual fuel grant. The Scheme is open to severely and permanently disabled persons as a driver or as a passenger and also to certain charitable...

Written Answers — Department of Finance: Tax Yield (22 Sep 2022)

Paschal Donohoe: I am advised by Revenue that VAT returns do not require traders to separately identify the VAT yield from the supply of specific products or services. Therefore, the information required for estimating the VAT collected on fuel is not readily available from information provided on tax returns. However, an estimate of the VAT collected on fuel (e.g. Petrol, Diesel, Kerosene, Marked gas oil,...

Written Answers — Department of Finance: Tax Reliefs (22 Sep 2022)

Paschal Donohoe: ...2.4 billion in cost of living measures since last October. These measures include changes in tax and social welfare, the provision of an energy credit for households and a temporary reduction in the rate of VAT on the supply of certain energy products.

Written Answers — Department of Finance: Pension Levy (20 Sep 2022)

Paschal Donohoe: ...and for the year 2015, the final year of the levy, the rate was 0.15%. The levy went to fund the tax reductions and expenditure measures introduced in the Jobs Initiative, including lowering the VAT rate for the tourism sector to 9%. The levy was successful and did its job as reflected in the increased activity and employment in that sector. I am advised by Revenue that the amount of...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed) (14 Sep 2022)

Paschal Donohoe: ...than €10 billion on the same period last year. Income tax continues to perform well, and reflects the resilience of our labour market and the success of Government policy. The strong performance of VAT receipts confirms the rebound in consumer spending once public health restrictions were lifted. However, it should be noted that much of the surge in tax revenue that we have seen...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed) (14 Sep 2022)

Paschal Donohoe: ...will be made just before the budget and we will announce them at that point. In response to the question on debt warehousing, the total amount of money at the end of August was €1.3 billion in VAT and €1.2 billion in employer PAYE. We have €2.5 billion in those two tax heads and a further €200 million across other taxes, bringing the total value to...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed) (14 Sep 2022)

Paschal Donohoe: There are opportunities to make adjustments to our VAT code now on foot of the new directive implemented by the EU before the summer. I used some of that flexibility earlier this year to lower VAT on electricity. There is also additional flexibility in VAT on some forms of equipment and investment. As such, the point is a fair one. What I now need to do is try to reconcile some ideas that...

Written Answers — Department of Finance: Departmental Policies (14 Sep 2022)

Paschal Donohoe: The Disabled Drivers and Disabled Passengers Scheme (DDDPS) provides relief from VRT and VAT on an adapted car, as well as an exemption from motor tax and an annual fuel grant. To qualify for a Primary Medical Certificate (PMC) an applicant must be permanently and severely disabled, and satisfy at least one of six specific medical criteria.. The PMC is issued by the relevant Senior Medical...

Written Answers — Department of Finance: Tax Reliefs (14 Sep 2022)

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme (DDDPS) provides relief from VRT and VAT on an adapted car, as well as an exemption from motor tax and an annual fuel grant. Subject to meeting vehicle and adaptation conditions, electric vehicles can avail of DDS provisions. Under DDDPS provisions, the reliefs from VRT and VAT are generous in nature amounting to up to...

Written Answers — Department of Finance: Energy Policy (14 Sep 2022)

Paschal Donohoe: ...in the cost of living, including an electricity credit of €200, a lump sum payment of €125 on the fuel allowance, a temporary reduction in public transport fares, and a temporary reduction in VAT on gas and electricity from 13.5% to 9%. However, further measures to ease the cost of living for households and businesses will form a central part of the forthcoming Budget. ...

Committee on Budgetary Oversight: Summer Economic Statement 2022: Discussion (14 Jul 2022)

Paschal Donohoe: ...will continue to do that. As one final concluding comment on that, Deputy Ryan made the point earlier regarding what is happening with public transport in Spain and what is happening in Poland with VAT. If we go down the path of picking the single biggest measure each country has done and say in the round that Ireland has to match them all, that is the path to the creation of new risks...

Written Answers — Department of Finance: Primary Medical Certificates (13 Jul 2022)

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme provides relief from Vehicle Registration Tax and VAT on the purchase and use of an adapted car, as well as an exemption from motor tax and an annual fuel grant. The Scheme is open to severely and permanently disabled persons as a driver or as a passenger and also to certain charitable organisations. In order to qualify for relief, the...

Written Answers — Department of Finance: Primary Medical Certificates (13 Jul 2022)

Paschal Donohoe: The Disabled Drivers & Disabled Passengers Scheme provides relief from Vehicle Registration Tax and VAT on the purchase and use of an adapted car, as well as an exemption from motor tax and an annual fuel grant. The Scheme is open to severely and permanently disabled persons as a driver or as a passenger and also to certain charitable organisations. In order to qualify for relief, the...