Results 12,361-12,380 of 33,214 for speaker:Paschal Donohoe

Written Answers — Department of Foreign Affairs and Trade: Revenue Commissioners (27 May 2020)

Paschal Donohoe: I am advised by Revenue that three panels were formed as a result of the 2018 Administrative Officer Audit and Compliance competition. These three panels expired on 31 December 2019, in line with normal practice on the duration of such panels. While on relatively rare occasions, Revenue may consider extending panels for business reasons, in this instance there is no business requirement...

Written Answers — Department of Foreign Affairs and Trade: Mortgage Lending (27 May 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 credit...

Written Answers — Department of Foreign Affairs and Trade: Corporation Tax (27 May 2020)

Paschal Donohoe: As the Deputy will be aware, Members of the European Council met by video conference on 26thMarch to discuss the COVID-19 crisis. In their statement of the 26thMarch, leaders acknowledged that the pandemic constitutes an unprecedented challenge for Europe and the whole world and that it required urgent, decisive, and comprehensive action at the EU, national, regional and local levels. Leaders...

Written Answers — Department of Foreign Affairs and Trade: Covid-19 Pandemic Supports (27 May 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. 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 were developed quickly, having regard to the urgent Government...

Written Answers — Department of Foreign Affairs and Trade: Small and Medium Enterprises (27 May 2020)

Paschal Donohoe: As Minister for Finance, I have no function in the commercial lending decisions made by banks but if an SME has been refused bank credit then Credit Review can assist them (). Credit Review helps SMEs and farmers who have had an application for credit of up to €3 million declined or reduced by the main banks, and who feel that they have a viable business proposition. This is a strictly...

Written Answers — Department of Foreign Affairs and Trade: Help-To-Buy Scheme (27 May 2020)

Paschal Donohoe: The Government is conscious that there is currently a supply shortage of housing and of the particular challenges faced by first-time buyers. Section 477C of the Taxes Consolidation Act of 1997 provides for The Help to Buy scheme (HTB) which was initially announced on 19 July 2016 as part of the ‘Rebuilding Ireland: Action Plan for Housing and Homelessness’. HTB was due to...

Written Answers — Department of Foreign Affairs and Trade: Insurance Industry (27 May 2020)

Paschal Donohoe: At the outset, I believe it is important to state that neither I, as Minister for Finance nor the Central Bank, can compel insurers to provide rebates for public liability insurance and employer liability insurance for those businesses forced to close due to restrictions put in place to prevent the spread of COVID-19 to their customers. This said, I am aware that there have been many...

Written Answers — Department of Foreign Affairs and Trade: Covid-19 Pandemic Supports (27 May 2020)

Paschal Donohoe: As the Deputy will be aware, Revenue has worked with my Department to introduce a series of measures and supports to help businesses deal with the impacts of the COVID-19 pandemic. Further details on each of these measures and some clarifications in respect of existing measures which are relevant can be found on the Revenue website at the following link: . Many of these supports are...

Written Answers — Department of Foreign Affairs and Trade: Covid-19 Pandemic (27 May 2020)

Paschal Donohoe: I recognise that these are undoubtedly very difficult and unprecedented times. A series of tax and other measures have been put in place to ameliorate particular difficulties. These measures continue to be considered as the situation evolves. I have absolute confidence that Revenue will respond appropriately to tax issues faced by taxpayers as a consequence of the COVID 19 situation and will...

Written Answers — Department of Foreign Affairs and Trade: Cycle to Work Scheme (27 May 2020)

Paschal Donohoe: Section 118(5G) of the Taxes Consolidation Act 1997 provides for the cycle to work scheme. This scheme provides an exemption from benefit-in-kind where an employer purchases a bicycle and associated safety equipment up to a maximum of €1,000 for an employee to use, in whole or in part, to travel to work. The purpose of the cycle to work scheme, introduced by the Finance (No. 2) Act...

Written Answers — Department of Foreign Affairs and Trade: Company Liquidations (27 May 2020)

Paschal Donohoe: As the Deputy will be 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...

Written Answers — Department of Foreign Affairs and Trade: Tax Code (27 May 2020)

Paschal Donohoe: I am advised by Revenue that taxpayers who are required to pay preliminary tax, whether individuals or companies, are required to estimate their tax liability for the year (or for an accounting period in the case of company) and to make payments on account in respect of that tax liability. The law affords taxpayers options on how to calculate their preliminary tax payments, including in most...

Written Answers — Department of Foreign Affairs and Trade: Covid-19 Pandemic Supports (27 May 2020)

Paschal Donohoe: Section 28 of the Emergency Measures in the Public Interest (Covid-19) Act 2020 is the legislation underpinning the Temporary Wage Subsidy Scheme (TWSS). The Government’s priority in so far as the 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...

Written Answers — Department of Foreign Affairs and Trade: Covid-19 Pandemic Supports (27 May 2020)

Paschal Donohoe: The Temporary Wage Subsidy Scheme is only available to employers registered in Ireland whose business activities are adversely impacted by the COVID-19 pandemic and applies as regards employees who were on the employer’s Irish payroll at 29 February 2020. In relation to eligible companies who are registered as employers here, the scheme applies to companies resident for tax purposes...

Written Answers — Department of Foreign Affairs and Trade: Covid-19 Pandemic Supports (27 May 2020)

Paschal Donohoe: In response to the Covid 19 Public Health emergency, the Government developed a suite of measures designed to support households and businesses that have been negatively impacted by the pandemic and the restrictions that were put in place as a result. These measures include temporary income support for individuals by way of the Pandemic Unemployment Payment (PUP) and the Temporary Wage...

Written Answers — Department of Public Expenditure and Reform: Public Appointments Service (27 May 2020)

Paschal Donohoe: I propose to take Questions Nos. 92 and 95 together. As the Deputy will be aware the Public Appointments Service (PAS) is the independent recruiter of people into the civil and public service. PAS advertised a Clerical Officer (Dublin) Competition in April 2019 from which 997 candidates were deemed suitable at interview stage and placed on a panel from which vacancies were filled. A total of...

Written Answers — Department of Public Expenditure and Reform: Departmental Funding (27 May 2020)

Paschal Donohoe: The Public Service Innovation Fund was established in 2019 as an initiative under the current framework programme for reform in the Public Service - Our Public Service 2020. This highly competitive fund aims to support innovative projects from across the Public Service and turn their ideas into a reality. Projects are evaluated on specific criteria: value, outcomes and user impact; novelty;...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (27 May 2020)

Paschal Donohoe: I can advise the Deputy that my Department has now completed the review that I referred to in my reply to Parliamentary Question No. 131 of 5 March 2020 in relation to the pensions benefit cap under section 52 of the Public Service Pensions (Single Scheme and Other Provisions) Act 2012. As a result of that review, I have now asked my officials to draw up new guidance on application of the...

Written Answers — Department of Public Expenditure and Reform: Pension Provisions (27 May 2020)

Paschal Donohoe: As noted in my response to Parliamentary Question No. 155 of 10 December 2019, the individual in this case is subject to application of the pensions benefit cap under section 52 subsections (6) and (7) of the Public Service Pensions (Single Scheme and Other Provisions) Act 2012. The benefit cap imposes a limit on the total amount of pensionable service which can be taken into account when...

Covid-19 (Finance): Statements (20 May 2020)

Paschal Donohoe: I hear what Deputy Harkin stated regarding the maternity leave and, in particular, the second point she made. The reason I was careful not to commit to a review of maternity leave as a way of dealing with the issue the Deputy raised is because I am aware of the first point she made. This is an urgent issue and I know it is more likely that we will find a resolution of it within the tax code...