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Written Answers — Department of Finance: Business Regulation (3 Jun 2020)

Paschal Donohoe: The sale of intoxicating liquor to consumers is regulated under the Liquor Licensing laws.  Any legal changes in this area would be a matter for my colleague, the Minister for Justice and Equality.   I am advised by Revenue that its function in relation to liquor licences, is limited to the issue of the annual licence on presentation of the appropriate court authorisation, tax...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (3 Jun 2020)

Paschal Donohoe: The TWSS is an emergency measure to deal with the impact of the Covid-19 pandemic on the economy. Of necessity, the underlying legislation and the scheme itself have been developed very quickly, having regard to the overarching urgent Government objective of getting much needed assistance to employers and employees, where businesses have been seriously affected by the pandemic and the...

Written Answers — Department of Finance: Mortgage Lending (3 Jun 2020)

Paschal Donohoe: The European Union (Consumer Mortgage Credit Agreements) Regulations 2016 (CMCAR) provide that, before concluding a mortgage credit agreement, a lender must make a thorough assessment of the consumer’s creditworthiness.  The assessment must take appropriate account of factors relevant to verifying the prospect of the consumer being able to meet his or her obligations under the...

Written Answers — Department of Finance: Covid-19 Pandemic Supports (3 Jun 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 - and it will pass – our people can get...

Written Answers — Department of Finance: Mortgage Lending (3 Jun 2020)

Paschal Donohoe: The Central Bank has indicated that it has not advised retail banks and mortgage brokers that pending mortgage applications cannot be approved in cases in which applicants payslips show receipt of temporary wage subsidy scheme payments. The European Union (Consumer Mortgage Credit Agreements) Regulations 2016 (CMCAR) provide that, before concluding a mortgage credit agreement, a lender must...

Written Answers — Department of Finance: Electric Vehicles (3 Jun 2020)

Paschal Donohoe: As Minster for Finance I do not offer any grant schemes for personal transportation. However, I can advise the Deputy that the Office of the Revenue Commissioners operates a Cycle to Work Scheme.  New bicycles and pedelecs (electrically assisted bicycles which require some effort from the cyclist) are included in the Cycle to Work Scheme.  Further details on the...

Written Answers — Department of Finance: Tax Yield (3 Jun 2020)

Paschal Donohoe: I propose to take Questions Nos. 71 and 116 together. The monthly tax receipts to end-April 2020 are available at my Department's databank at This information is presented in the tables for the Deputy's convenience.  In ordinary circumstances, my Department produces monthly taxation profiles at the beginning of the year based on the previous Budget's taxation...

Written Answers — Department of Finance: Value Added Tax (3 Jun 2020)

Paschal Donohoe: I propose to take Questions Nos. 72, 76, 99 and 102 together. I am advised by Revenue that the VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply. In general, the VAT Directive provides that all goods and services are liable to VAT at the standard rate, currently 23% in Ireland, unless they fall within categories of goods and services specified...

Written Answers — Department of Finance: Tax Code (3 Jun 2020)

Paschal Donohoe: It is my policy to treat plans or negotiations for double taxation agreements as confidential until they are signed, at which point they are published on Revenue's website. This is the standard international practice for most jurisdictions, which respects the confidential nature of the negotiation process.

Written Answers — Department of Finance: Gambling Sector (3 Jun 2020)

Paschal Donohoe: I refer the Deputy to the response provided by my colleague, the Minister of the Department of Business Enterprise and Innovation, on the 20th May, in relation to this question. The response is provided in the following link.

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (3 Jun 2020)

Paschal Donohoe: To qualify for the Disabled Drivers and Disabled Passengers Scheme an applicant must be in possession of a Primary Medical Certificate. To qualify for a Primary Medical Certificate, an applicant must satisfy one of the following conditions: - be wholly or almost wholly without the use of both legs;  - be wholly without the use of one leg and almost wholly without the use of the...

Written Answers — Department of Finance: Departmental Staff (3 Jun 2020)

Paschal Donohoe: I wish to inform the Deputy that currently in the Department of Finance there is one internal panel for promotion to Assistant Principal which was due to expire, after one year, on 25th March 2020. However due to the unprecedented COVID-19 crisis the Executive Board has decided to extend the panel. We also have a live internal panel for promotion to Principal Officer which is due to...

Written Answers — Department of Finance: Company Law (3 Jun 2020)

Paschal Donohoe: I can confirm for the Deputy that nothing has been brought to my attention to indicate that there was anything inappropriate in the completion of the transaction as described by her. Notwithstanding this, should the Deputy have evidence that this was the case, including any breach of Company Law, she may wish to refer the matter to the Office of Director of Corporate Enforcement, the...

Written Answers — Department of Finance: Strategic Banking Corporation of Ireland (3 Jun 2020)

Paschal Donohoe: The Strategic Banking Corporation of Ireland (SBCI) is Ireland’s National Promotional Institution for SMEs. The strategic mission of the Strategic Banking Corporation of Ireland (SBCI) is to deliver effective financial supports to Irish SMEs that address failures in the Irish credit market, while driving competition and innovation, and ensuring the efficient use of available EU...

Written Answers — Department of Finance: Banking Sector (3 Jun 2020)

Paschal Donohoe: As the Deputy is aware, I have engaged, and will continue to engage, extensively with the Banking and Payments Federation (BPFI) and the banks directly in relation to supports for personal and business customers affected by the COVID-19 crisis. Furthermore, officials in my Department are alert to issues raised directly by the public and these inform the Department’s ongoing engagement...

Written Answers — Department of Finance: Banking Sector (3 Jun 2020)

Paschal Donohoe: I am advised by the Central Bank, and by the relevant commercial banks, that the following arrangements are in place for the training of their directors (in the case of the Central Bank, the members of the Central Bank Commission), relevant to the Deputy’s question: Central Bank of Ireland The Central Bank is conscious of its responsibility in ensuring that the principles of human...

Written Answers — Department of Finance: Central Bank of Ireland (3 Jun 2020)

Paschal Donohoe: I propose to take Questions Nos. 84 and 85 together. I have been advised by the Central Bank of Ireland (the Central Bank) that it is focused on promoting the welfare of the people of Ireland as a whole and, through membership of Europe’s Monetary and Banking Unions, the welfare of the wider people of Europe. The Central Bank assures me that it is conscious of its...

Written Answers — Department of Finance: Flexible Work Practices (3 Jun 2020)

Paschal Donohoe: I wish to inform the Deputy that the Department of Finance has not, at this time, conducted any research on the impact of moving to a four-day work week. However the Department operates a number of schemes allowing staff avail of alternative working arrangements and a number of these are listed below.  Work Sharing In the Department of Finance work sharing is available to all...

Written Answers — Department of Finance: Small and Medium Enterprises (3 Jun 2020)

Paschal Donohoe: Covid-19 has brought unprecedented challenges for all of us in society. The Government recognises the importance of the SME sector that accounts for over 99 percent of businesses and nearly 70 per cent of employment in the Irish economy. That is why a key focus of Government has been to improve the supports provided for businesses since the start of this crisis.  These supports are kept...

Written Answers — Department of Finance: Wage Subsidy Scheme (3 Jun 2020)

Paschal Donohoe: The legislation governing the Temporary Wage Subsidy Scheme (TWSS) is set out in section 28 of the Emergency Measures in the Public Interest (Covid-19) Act 2020. The administration of the TWSS is under the care and management of Revenue. The burden of compliance in relation to the TWSS rests solely with the employer rather than the employee.    Any amount due to be refunded...

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