Results 13,021-13,040 of 33,280 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Insurance Industry (28 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 and my Department has no role in the area of award levels or changes to the Book of Quantum.  The Cost of Insurance Working Group which was established by my predecessor as Minister for Finance, and which is currently chaired...

Written Answers — Department of Finance: Tax Credits (28 Nov 2019)

Paschal Donohoe: Every person resident in Ireland is entitled to a personal tax credit. The amount of that credit depends on the person’s circumstances, for example whether s/he is single, married or in a civil partnership, widowed or a surviving civil partner. Persons in employment are also entitled to receive the additional Employee Tax Credit. Revenue has advised me that it has examined the tax...

Written Answers — Department of Finance: Central Bank of Ireland Investigations (28 Nov 2019)

Paschal Donohoe: I propose to take Questions Nos. 84 and 85 together. As the Deputy is aware I have no role in the commercial activities in any bank operating in the Irish market. Officials from my department contacted the Central Bank of Ireland with your queries and received the following response: "The Central Bank of Ireland does not comment on individual firms regulated by the Central Bank....

Written Answers — Department of Finance: Departmental Staff Data (28 Nov 2019)

Paschal Donohoe: The Government’s Strategy for the development of Ireland's international financial services sector to 2025, 'Ireland for Finance', was launched at the end of last April.  The vision of the Strategy is for “Ireland to be a top-tier location of choice for specialist international financial services and to enhance and protect our future competitiveness”. The Ireland...

Written Answers — Department of Finance: Central Bank of Ireland Staff (28 Nov 2019)

Paschal Donohoe: I have been advised by the Central Bank that the current number of employees within the Bank aligned to supervising international financial services, including the funds and asset management industries, is 216 as at the end of October with the number of open vacancies being 9 in these areas. These teams are supported by Policy, Inspections and analytics teams which contribute to the...

Written Answers — Department of Finance: Legislative Programme (28 Nov 2019)

Paschal Donohoe: The introduction of an Annual Financial Services Bill was a suggestion from some of the industry representative bodies during the consultation process for the development of Ireland for Finance (IFF), the Government's Strategy for the development of Ireland's international financial services sector to 2025 which was launched on 26th April last. However, there already is a significant...

Written Answers — Department of Finance: Financial Services Sector (28 Nov 2019)

Paschal Donohoe: The Deputy may be aware that the Government’s Strategy for the development of Ireland's international financial services sector to 2025, 'Ireland for Finance', was launched last April.  The vision of the Strategy is for “Ireland to be a top-tier location of choice for specialist international financial services and to enhance and protect our future...

Written Answers — Department of Finance: Financial Services Sector (28 Nov 2019)

Paschal Donohoe: 'Ireland for Finance', the Government’s Strategy for the development of Ireland's international financial services sector to 2025 was launched in April of this year. The development of the regions is one of the priorities of the Strategy. There were approximately 44,000 people in direct employment in the IFS sector at the end of 2018 with one-third of these jobs located outside...

Written Answers — Department of Finance: Tax Yield (28 Nov 2019)

Paschal Donohoe: I am advised by Revenue that its primary method of classifying businesses is the European standard NACE code. I am further advised that the majority of the businesses referred to by the Deputy are included in the ‘financial and insurance activities’ NACE sector. The tax paid by businesses in this sector is available at the following link: . This link provides the following...

Written Answers — Department of Finance: Legislative Programme (28 Nov 2019)

Paschal Donohoe: The Investment Limited Partnership Act 1994 defines Minister as the Minister for Business, Enterprise and Innovation. However the Investment Limited Partnership (Amendment) Bill 2019 proposes to amend the Act so that I, as the Minister for Finance, will be the responsible Minister and it is my officials that have been working on the proposed amendments to the Act. My officials have...

Written Answers — Department of Public Expenditure and Reform: Departmental Expenditure (28 Nov 2019)

Paschal Donohoe: The information requested by the Deputy in relation to costs incurred by my Department and the bodies under its aegis on the National Ploughing Championships since 2016 are set out in the table. The Office of Public Works is currently collating material for this PQ and will respond directly to the Deputy once finalised. Department of Public Expenditure and...

Written Answers — Department of Public Expenditure and Reform: Healthcare Policy (28 Nov 2019)

Paschal Donohoe: The Sláintecare report estimated that the full year cost (by year 10 of a 10-year programme) of implementing all the measures recommended in the report is €2.836 billion. In addition, the all-party Oireachtas Committee recommended that transitional funding of €3 billion over a six-year period would also be required to deliver the Committee’s proposals.  The...

Written Answers — Department of Finance: Fiscal Data (27 Nov 2019)

Paschal Donohoe: Non-acute and community organisations under Section 39 of the Health Act, 2004 are not part of the general government sector, i.e. they are not 'on-balance sheet'. Staff in these agencies are not public servants; instead, the Health Service Executive engages such agencies through service arrangements. Accordingly, pay costs for these staff are not recorded in the general...

Written Answers — Department of Finance: Departmental Staff Data (27 Nov 2019)

Paschal Donohoe: I wish to advise the Deputy that the Department of Finance did not engage any agency staff over the past five years.

Written Answers — Department of Finance: Revenue Commissioners Enforcement Activity (27 Nov 2019)

Paschal Donohoe: I propose to take Questions Nos. 95 to 97, inclusive, together. I am advised by Revenue that the construction sector continues to feature prominently in its overall compliance intervention activities and a comprehensive programme of site visits has operated, across both publicly funded and private developments, for several years. A key focus of these visits is the identification and...

Written Answers — Department of Finance: Tax Code (27 Nov 2019)

Paschal Donohoe: I am advised by Revenue that information relating to the changes to the Capital Acquisitions Tax B and C thresholds is published on their Ready Reckoner. For convenience, the link to this is as follows: Pages 17 and 18 shows the yield or cost of changes to the Capital Acquisitions Tax B and C thresholds. Where the exact changes sought by the Deputy are not provided, they can...

Written Answers — Department of Finance: Tax Code (27 Nov 2019)

Paschal Donohoe: Over the past 18 months, Revenue has been conducting a comprehensive review of the administratively based Flat Rate Expenses (FRE) regime.  Revenue has advised me that the purpose of the FRE review, which involved engagement with relevant representative bodies, is to ensure that the expenses granted to each employment category remain justified and appropriate to modern day employments...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Career Breaks (27 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. A Special Civil Service Incentive Career Break Scheme was introduced in 2009. There are no current plans to reintroduce this scheme or something similar. Staff can...

Written Answers — Department of Public Expenditure and Reform: Departmental Staff Data (27 Nov 2019)

Paschal Donohoe: My Department has not engaged the services of agency staff in the last five years.

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (27 Nov 2019)

Paschal Donohoe: I am taking it that that the Deputy is referring to the Public Service Pension Reduction (PSPR), a reduction applied to public service pensions above certain exemption thresholds, which was introduced on 1 January 2011 under the Financial Emergency Measures in the Public Interest (FEMPI) Act 2010. A three-stage partial reversal of PSPR was provided for in the FEMPI Act...