Results 13,101-13,120 of 32,547 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Legislative Measures (10 Oct 2019)

Paschal Donohoe: The document provided at the following link sets out in tabular form the legislation passed between March 2011 and 7 October 2019 for which I, as Minister for Finance, sponsored and for which my Department - the Department of Finance - is responsible for. The Deputy might note that the Central Bank and Financial Services Authority of Ireland (Amendment) Act 2017 enacted on 25 July 2017 has...

Written Answers — Department of Public Expenditure and Reform: Legislative Measures (10 Oct 2019)

Paschal Donohoe: I propose to take Questions Nos. 115 and 116 together. The information requested by the Deputy on the Acts passed since 2011 and the dates of enactment is set out in the following table. Name of Act Date of Enactment Data Sharing and Governance Act 2019 4 March 2019 Houses of the Oireachtas Commission (Amendment) Act 2018 27 December 2018 Public Service Superannuation (Age of Retirement)...

Written Answers — Department of Finance: Brexit Supports (9 Oct 2019)

Paschal Donohoe: I am advised by Revenue that customs declarations can be made directly by businesses who have in-house customs software and an appropriate level of customs knowledge or by customs agents acting on behalf of businesses. Revenue has indicated to me that most businesses use customs agents with typically only large businesses having in-house customs arrangements to complete their customs...

Written Answers — Department of Finance: Brexit Staff (9 Oct 2019)

Paschal Donohoe: Budget 2017 provided Revenue with resources for an additional 40 staff to prepare for Brexit. These staff were recruited and trained in 2017 and 2018. In September 2018, the Government granted approval in principle for the phased recruitment of an additional 600 Revenue staff to meet the challenges posed by Brexit. I am advised by Revenue that over 580 of these staff have already been...

Written Answers — Department of Finance: Departmental Expenditure (9 Oct 2019)

Paschal Donohoe: Between 1 January 2018 and 1 January 2019, my Department had an allocation of €1,155,000 under the Admin Non-Pay category Subhead III:Training and Development and Incidental Expenses. The total expenses incurred in this category amounted to €925,952.52.

Written Answers — Department of Finance: Revenue Commissioners Enforcement Activity (9 Oct 2019)

Paschal Donohoe: Revenue’s primary goal is to ensure that all taxpayers and businesses meet their tax obligations in a timely fashion. Any delay in the collection of tax revenue impacts on the level and timeliness of the financial resources available to the Exchequer and adds to Government borrowing and public debt interest. Accordingly, Revenue has a strong focus on making sure that all taxpayers...

Written Answers — Department of Finance: Banking Sector (9 Oct 2019)

Paschal Donohoe: As the Deputy will be aware, AIB/EBS is an independent company with listings on the Irish and London Stock Exchanges. Decisions in regards to commercial agreements are the sole responsibility of the board and management of AIB which must be run on an independent and commercial basis. The bank's independence is protected by a Relationship Framework which is a legally binding document that...

Written Answers — Department of Finance: Excise Duties (9 Oct 2019)

Paschal Donohoe: The excise rates on alcohol were last increased in in 2014 in spite of the growth in the economy since then. Consequently, excise duty as a proportion of the average price of alcohol products sold in the on-trade has generally reduced in recent years There are consequential health and societal costs associated with the consumption of alcohol products. To reduce the rate of excise duty at...

Written Answers — Department of Public Expenditure and Reform: Departmental Expenditure (9 Oct 2019)

Paschal Donohoe: A breakdown of expenditure by my Department in the category of training and development and incidental expenses in 2018 is set out in the following two tables. The first table is for Vote 11 (Department of Public Expenditure and Reform) and the second table is for Vote 39 (Office of Government Procurement). Training and Development and Incidental Expenses - Department of Public...

Financial Resolutions - Budget Statement 2020 (8 Oct 2019)

Paschal Donohoe: For the self-employed, I am increasing the earned income credit by €150 to bring the value of the credit to €1,500. These changes will cost an additional €27 million in 2020. I am also announcing the extension of the reduced rate of universal social charge, USC, for medical card holders for a further year to the end of December 2020. Tax Compliance I am...

Financial Resolutions - Budget Statement 2020 (8 Oct 2019)

Paschal Donohoe: I am introducing, therefore, a number of new anti-avoidance measures to take effect via financial resolution this evening.

Financial Resolutions - Budget Statement 2020 (8 Oct 2019)

Paschal Donohoe: These include new limitations on interest expenses to prevent over-leveraging and a measure to combat the artificial avoidance of gains on redemption of IREF units. I have instructed my officials to intensely scrutinise activities in the IREF regime over the coming year, with a view to taking further action if necessary. I will also make a number of targeted amendments to the REIT regime...

Financial Resolutions - Budget Statement 2020 (8 Oct 2019)

Paschal Donohoe: The REIT framework was introduced to promote stable, long-term investment in rental property by removing a double layer of tax that would otherwise apply on collective investment. However, it is not intended to provide an exemption from tax on income or gains-----

Financial Resolutions - Budget Statement 2020 (8 Oct 2019)

Paschal Donohoe: -----and the amendments I am introducing will ensure that this objective is upheld. Capital Acquisitions Tax I recognise that there are ongoing concerns about the capital acquisitions tax impact on the inheritance of the family home. I have, therefore, decided to increase the lifetime group A tax-free threshold which broadly applies to transfers between parents and their children from...

Financial Resolutions - Budget Statement 2020 (8 Oct 2019)

Paschal Donohoe: In 2020, I am increasing by €5 the living alone allowance to help our most vulnerable elderly and disabled citizens. I am providing for further increases of €15 for the one-parent family payment and jobseeker transition income disregards and €10 for the working family payment income threshold for families with up to three children to ensure that work pays. I am also...

Financial Resolutions - Budget Statement 2020 (8 Oct 2019)

Paschal Donohoe: The burden of the increase in carbon tax falls unequally. That is why I am increasing the fuel allowance by €2 per week and I will match this with increases to programmes that help address the causes of fuel poverty. I am providing €13 million for the warmer homes scheme to provide free energy efficiency upgrades to households deemed to be in or at risk of energy poverty....

Financial Resolutions - Budget Statement 2020 (8 Oct 2019)

Paschal Donohoe: -----for a further period of two years to the end of 2021. Living City Initiative I can also confirm to the House an extension to the living city initiative to the end of 2022. Stamp Duty I have decided to increase the rate of stamp duty applicable to non-residential property by 1.5% with effect from tonight. The commercial property market continues to perform strongly and I expect this...

Financial Resolutions - Budget Statement 2020 (8 Oct 2019)

Paschal Donohoe: Among other changes, I am announcing an additional €25 million in the National Treatment Purchase Fund and will reduce prescription charges for all persons by 50 cent.

Financial Resolutions - Budget Statement 2020 (8 Oct 2019)

Paschal Donohoe: The monthly threshold for the drug payment scheme is being reduced by €10 per month and I am increasing medical card income thresholds for people over 70 by €50 for a single person or €150 for a couple per week. This will benefit up to 56,000 citizens.

Financial Resolutions - Budget Statement 2020 (8 Oct 2019)

Paschal Donohoe: Following the success of the roll-out of free GP care to under-sixes, the Government intends to expand, from September, free GP care to children under eight and free dental care for children under six.