Results 12,281-12,300 of 33,214 for speaker:Paschal Donohoe

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

Paschal Donohoe: I am informed by the Revenue Commissioners that Applus Car Testing Service Limited was appointed as a competent person by Revenue from 1 September 2010.  Since this date, Applus Car Testing Services Limited has collected, on behalf of the Revenue Commissioners, a total of €1,246,614,802 comprising VRT €1,223,138,919 and VAT €23,475,883 (overwhelmingly relating to...

Written Answers — Department of Finance: Credit Unions (3 Jun 2020)

Paschal Donohoe: In 2017, the Central Bank undertook a review of the investment framework for credit unions.  On 1 February 2018, the Central Bank published amending investment and liquidity regulations for credit unions.  Since 1 March 2018, credit unions have been permitted to invest in regulated investment vehicles where the underlying investments are investments in Tier 3...

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

Paschal Donohoe: As the Deputy will be aware, in accordance with section 101 of the Ministers and Secretaries (Amendment) Act 2011, the Revenue Commissioners are independent in the performance of their functions under, or for the purpose of, the laws governing the tax code. I am aware that, for the period of the current COVID-19 crisis, Revenue has already agreed concessional treatment in relation to the...

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

Paschal Donohoe: I am advised by Revenue that where a business is established in the State and supplies goods online to Irish customers VAT is chargeable at the same rate as applies to the sale of similar goods in a shop.  In general, sales of goods by traders in other EU member states to Irish customers are subject to the same rate of VAT as domestic sales of goods where the value of the sales to Irish...

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

Paschal Donohoe: I am advised by the Revenue Commissioners that VAT is governed by the EU VAT Directive (Council Directive 2006/112/EC), with which Irish VAT law must comply. The Directive provides that VAT registration thresholds may only be raised by Member States to maintain their value in real terms, that is, they may only be increased in line with inflation. Our VAT thresholds were increased to their...

Written Answers — Department of Finance: Insurance Industry (3 Jun 2020)

Paschal Donohoe: As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation. The issue of the validity of an insurance quotation is one that comes under the consumer protection code and therefore the remit of the Central Bank. However, in order to be as helpful to the Deputy as possible, my officials sought information from the Central Bank ...

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

Paschal Donohoe: The Temporary Wage Subsidy Scheme (TWSS) is provided for in section 28 of the recently enacted Emergency Measures in the Public Interest (Covid-19) Act 2020.  Of necessity, the underlying legislation and the scheme itself were developed quickly, having regard to the overarching, urgent Government objective of getting much needed financial assistance to employers and employees, where...

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

Paschal Donohoe: As the Deputy will be aware, An Taoiseach, Leo Varadkar T.D. and I, along with the Minister for Business, Enterprise & Innovation, Heather Humphreys T.D., met with the Chief Executives of the five Irish major retail banks earlier this month. Furthermore, the Minister for Agriculture, Food & the Marine, Michael Creed TD, has engaged the banks on the specific liquidity and...

Written Answers — Department of Finance: Motor Insurance (3 Jun 2020)

Paschal Donohoe: At the outset you should note that neither I, as Minister for Finance, nor the Central Bank of Ireland can interfere in the provision or pricing of insurance products or have the power to direct insurance companies to provide cover to specific individuals or businesses.  This position is reinforced by the EU framework for insurance (the Solvency II Directive) which expressly prohibits...

Written Answers — Department of Finance: Job Losses (3 Jun 2020)

Paschal Donohoe: The Deputy will be aware that as Minister for Finance, I am precluded from intervening in how Bank of Ireland manages its day-to-day business and relationship with any of its customers.  Decisions in this regard are solely the responsibility of the board and management of the bank which must be run on an independent and commercial basis. The independence of the banks in...

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

Paschal Donohoe: Defibrillators, other than implantable defibrillators, are liable to VAT at the standard rate, which in Ireland is 23%. Parts or accessories are also liable to VAT at the standard rate. There is no provision under existing VAT law that would make it possible to apply a reduced rate or zero rate to the supply of such products. Under the EU VAT Directive, Member States may retain the zero...

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

Paschal Donohoe: When first introduced on 1 May 2018, Sugar Sweetened Drinks Tax (SSDT) applied to water and juice based drinks which contained added sugar and a total sugar content of 5 grams or more per 100 millilitres. I brought forward legislation in Finance Act 2018 to extend the SSDT scope to also include certain plant protein drinks and drinks containing milk fats with added sugar. From 1 January 2019,...

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

Paschal Donohoe: I am advised by Revenue that the yield from Sugar Sweetened Drinks Tax (SSDT) since its inception in 2018 to April 2020 is shown in the following table. The projected yield for SSDT in 2020 is €32.5 million. €m 2018 16.3 2019 33.0 2020 (4 Months) 10.2

Written Answers — Department of Finance: Illicit Trade in Tobacco (3 Jun 2020)

Paschal Donohoe: I propose to take Questions Nos. 108 to 111, inclusive, and 113 to 115, inclusive, together. I am advised that each year since 2009, Revenue, in conjunction with the HSE’s National Tobacco Control Office, has commissioned Ipsos MRBI to conduct independent market research among smokers about the source of their cigarettes. The purpose of this research is to estimate the volume of...

Written Answers — Department of Finance: Customs and Excise (3 Jun 2020)

Paschal Donohoe: I am advised by Revenue that the most recent month for which data are available is April 2020. The net Excise duty receipts for April for the years 2018, 2019 and 2020 together with the relevant increase or decrease are shown in the following table. April 2018 April 2019 April 2020 April 2020 compared to April 2019 April 2020 compared to...

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

Paschal Donohoe: I can advise that my Department has had no expenditure to date in 2020 on advertising on the social media platforms referred to by the Deputy. There are 17 bodies under the aegis of my Department. Of these, 14 have had no expenditure on advertising on these social media platforms to date in 2020; these bodies are the Office of the Comptroller and Auditor General, Credit Review...

Written Answers — Department of Public Expenditure and Reform: Covid-19 Pandemic (3 Jun 2020)

Paschal Donohoe: The Department of Public Expenditure and Reform has issued guidance to civil and public service employers regarding annual leave during COVID-19. Although social distancing and COVID-19 is expected to continue for a number of months, managers should realise the importance of making sure that employees are still using their annual leave entitlement. Taking a break from work from a health...

Written Answers — Department of Public Expenditure and Reform: National Children's Hospital (3 Jun 2020)

Paschal Donohoe: I propose to take Questions Nos. 121 to 123, inclusive, together. In reply, I would inform the Deputy that questions in relation to the costs associated with the National Children’s Hospital are proper to my colleague the Minister for Health in the first instance. I have engaged in no particular correspondence with the Minister for Health or the two Boards referred to in relation...

Written Answers — Department of Public Expenditure and Reform: National Lottery (3 Jun 2020)

Paschal Donohoe: As part of the restrictions introduced to limit the spread of COVID-19, people are urged to stay at home wherever possible. The majority of prize winners have been able to claim prizes at retail agents and claim centres around the country. However, in order to claim a high tier prizes (i.e. €15,000 and over) winners have needed to present themselves at National Lottery HQ to make...