Results 12,421-12,440 of 32,547 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Code (19 Nov 2019)

Paschal Donohoe: I am advised by Revenue that tenants in common hold a property in separate shares. The proportion of the property which each tenant in common holds will be specified in the deed which transferred ownership of the property to them. It appears on the basis of the information supplied that the tenants in common hold this property in unequal 60:40 shares, and presumably are entitled to any...

Written Answers — Department of Finance: Tax Code (19 Nov 2019)

Paschal Donohoe: There is no tax based scheme along the lines suggested by the Deputy. Regardless of whether a property is in negative equity, the rental income of the property for tax purposes is the gross rent less the allowable expenses incurred in earning that rent, as specified in section 97(2) of the Taxes Consolidation Act (TCA) 1997. The main deductible expenses are: - any rent payable by the...

Written Answers — Department of Finance: Credit Union Regulation (19 Nov 2019)

Paschal Donohoe: The Registrar of Credit Unions at the Central Bank is the independent regulator for credit unions. Under Section 84 of the Credit union Act, 1997 the functions of the Central Bank are to administer the system of regulation and supervision of credit unions with a view to the: - Protection by each credit union of the funds of its members; and - Maintenance of the financial stability and...

Written Answers — Department of Finance: Credit Unions (19 Nov 2019)

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 the feedback statement on CP109 and amending investment and liquidity regulations for credit unions. These amending regulations have been applicable to credit unions since 1 March 2018. Under these regulations, credit unions are permitted to invest in a...

Written Answers — Department of Finance: Credit Unions (19 Nov 2019)

Paschal Donohoe: Section 43 of the Credit Union Act, 1997 outlines the legislative requirements in relation to credit union investments. It states that a credit union shall manage its investments to ensure that those investments do not (taking account of the nature, scale, complexity and risk profile of the credit union) involve undue risk to members' savings and, for that purpose, before making an investment...

Written Answers — Department of Finance: Credit Union Regulation (19 Nov 2019)

Paschal Donohoe: As the Deputy is aware, my role as Minister for Finance is to ensure the legal framework for credit unions is appropriate for the effective operation and supervision of credit unions. The Central Bank has statutory responsibility for the registration, regulation and supervision of credit unions in Ireland. Under Section 84 of the Credit Union Act, 1997 the functions of the Central Bank are to...

Written Answers — Department of Finance: NAMA Investigations (19 Nov 2019)

Paschal Donohoe: I am informed by NAMA that it is currently aware of one open investigation into an alleged breach of Section 172(3) of the NAMA Act 2009. I am advised that, so far as NAMA is aware, An Garda Síochána’s investigation into this alleged breach is continuing. Criminal investigations, such as this, are a matter for An Garda Síochána and the DPP and I am advised...

Written Answers — Department of Finance: Credit Unions (19 Nov 2019)

Paschal Donohoe: Firstly, it would not be appropriate for me make comment on a specific case. It is also important to note that the Probate Office of the High Court deals with matters relating to probate and as such is the responsibility of the Minister for Justice and Equality. However, the Deputy may wish to note that under section 21 of the Credit Union Act 1997 (1997 Act) as amended, a credit union...

Written Answers — Department of Finance: Brexit Staff (19 Nov 2019)

Paschal Donohoe: I propose to take Questions Nos. 127 and 128 together. Revenue has provided in Table 1 the grades of staff who were assigned in preparation for Brexit in 2017, 2018 and 2019 up to 9 July; and the counties to which they were assigned. Table 1: Additional staff assigned in preparation for Brexit in 2017, 2018 to 9 July 2019 2017 ...

Written Answers — Department of Finance: Revenue Commissioners Staff (19 Nov 2019)

Paschal Donohoe: Revenue has provided me with following table setting out details of serving staff numbers in County Donegal by grade, together with annual losses and gains in the period specified. 2017Loss/Gain PO AP HEO/AO EO CO Service Officer Total 01 Jan 2017 2 8 21 38 36 1 ...

Written Answers — Department of Finance: Insurance Industry (19 Nov 2019)

Paschal Donohoe: At the outset, it is important to note that as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation in Ireland. I have no role in day to day supervision of the insurance industry, as this is the responsibility of the Central Bank of Ireland (CBI). In that regard, the CBI is responsible for the authorisation and supervision of these...

Written Answers — Department of Public Expenditure and Reform: National Development Plan Data (19 Nov 2019)

Paschal Donohoe: I understand the Deputy is referring to the National Development Plan (NDP), which was launched alongside the National Planning Framework (NPF) as part of Project Ireland 2040 in February 2018. The current national development plan is the fifth since 1989. The first three were framed in response to EU requirements for Structural Funds assistance. The fourth National Development Plan,...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Data (19 Nov 2019)

Paschal Donohoe: Projecting detailed costs of transitioning to a four day week without loss of pay in the public sector would depend on a number of factors including: - The amount of reduced working hours - The distribution of the reduced hours - How frontline services were treated - The impact on overtime expenditure, premia payments and allowances - The impact on agency expenditure - The potential...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Data (19 Nov 2019)

Paschal Donohoe: As Minister for Public Expenditure and Reform, I have responsibility for the non-pay terms and conditions for the Civil Service. Other Ministers are responsible for the non-pay terms and conditions in the wider public service. The campaign for a 4 day week relates to a significant change to working time in Ireland for the entire workforce - Civil Service, wider public sector and private...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Redeployment (19 Nov 2019)

Paschal Donohoe: As the Deputy will be aware, the Civil Service Mobility scheme, which comes under the remit of my Department, is administered through HR Shared Services, National Shared Service Office (NSSO). There is an agreed sequencing arrangement in place for the scheme which is applied on a nationwide basis. This means that organisations can use different methods for filling vacancies in various...

Ceisteanna Eile - Other Questions: Public Sector Pay (14 Nov 2019)

Paschal Donohoe: I am also the Minister for Public Expenditure and Reform who will ensure that by the time we get to next October all of those in receipt of an income at or below €70,000, many of whom have had their incomes restored to some extent, a fact which the Deputy has little interest in hearing or acknowledging, will see their incomes restored to what they were in the pre-crisis period. That...

Ceisteanna Eile - Other Questions: Office of Government Procurement (14 Nov 2019)

Paschal Donohoe: In 2011, as part of its drive for greater value for money and increased efficiencies in public spending, the Department of Public Expenditure and Reform commissioned a review, entitled A Capacity and Capability Review of the Central Procurement Function, to identify the actions required to realise substantial savings in public procurement in the short and medium term. It was published in...

Ceisteanna Eile - Other Questions: Office of Government Procurement (14 Nov 2019)

Paschal Donohoe: That is a decision made by the Minister for Health. As we have debated on many occasions, any decisions made in respect of Drimagh will, as we discussed earlier, be completely independent of what is happening with the national children's hospital. I have no doubt that if and when the primary care centre is delivered in Drimnagh, the Deputy will protest against it.

Ceisteanna Eile - Other Questions: Office of Government Procurement (14 Nov 2019)

Paschal Donohoe: In response to an earlier question, Deputy Smith said she would not believe any answer that I gave. That is her view of an answer I have not given. I acknowledge her interest in this matter. The Minister of State, Deputy Catherine Byrne, is working very hard on this. Whatever challenges or issues face the primary care centre which the people in Drimnagh want and on which I will get an...

Ceisteanna Eile - Other Questions: Public Procurement Regulations (14 Nov 2019)

Paschal Donohoe: The Deputy made a fair point that given the focus on SMEs being able to win more tenders and on ensuring they are part of our public procurement process, the threshold should be examined. It is interesting, however, that following an extensive discussion on the issue in the SME advisory group, the decision was made, due to the feedback of the majority of members, that the threshold should...