Results 13,701-13,720 of 33,280 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Excise Duties (24 Oct 2019)

Paschal Donohoe: I have been advised by Revenue that there are no tax returns or other information on the volumes of vaping products or e-cigarettes in Ireland. Therefore there is no basis available on which to estimate a figure of the yield which would be returned if an excise duty was imposed on the liquid containing nicotine used for vaping and e-cigarettes.

Written Answers — Department of Finance: Universal Social Charge Application (24 Oct 2019)

Paschal Donohoe: I am advised by Revenue that the estimated first and full year cost to the Exchequer of increasing the current USC threshold from €13,000 to €80,000 is €1,673m and €1,922m, respectively. The result of this change is that individuals with income of less than €80,000 will be exempt from USC, and that the current rates would continue to apply...

Written Answers — Department of Finance: Tax Data (24 Oct 2019)

Paschal Donohoe: I propose to take Questions Nos. 68 to 70, inclusive, together. I am informed by the Revenue Commissioners that the estimated full year costs of increasing the CAT Category A threshold to the proposed amounts, and the costs of increasing the Category A threshold while simultaneously reducing the CAT rates as proposed, is as set out in the following table. Category A - Full Year Cost...

Written Answers — Department of Finance: Departmental Legal Cases Data (24 Oct 2019)

Paschal Donohoe: My Department has made 4 financial settlements from 1 January 2015 to date. A breakdown of these is contained in the following table. Year  Number of Financial Settlements Number of which included Confidentiality Clauses 2015 1 0 2016 0 0 2017 1 0 ...

Written Answers — Department of Finance: Financial Services Regulation (24 Oct 2019)

Paschal Donohoe: As Minister for Finance I am responsible for the development of the legal framework governing financial regulation.  As such, it would be inappropriate for me to comment on or intervene in an individual case such as that referred to in the details supplied by the Deputy. I would note however that a consumer can make a complaint to the Financial Services and Pensions Ombudsman (FSPO) in...

Written Answers — Department of Finance: Brexit Issues (24 Oct 2019)

Paschal Donohoe: On 17 October, the EU Taskforce and UK Government agreed a revised text of a Withdrawal Agreement and Political Declaration, which was subsequently endorsed by the European Council. Subject to ratification of the Withdrawal Agreement by both the UK Parliament and the European Parliament, the UK will enter a transition period until the end of 2020, with the possibility of an extension for...

Written Answers — Department of Finance: Brexit Preparations (24 Oct 2019)

Paschal Donohoe: Budget 2020, including the macroeconomic outlook which underpins its, was based on the prudent assumption that the UK would leave the EU on 31 October without an agreement. The macroeconomic outlook is set out in the Economic and Fiscal Outlook published with Budget 2020. This included, at Box 4, an assessment of the macroeconomic outlook that would apply in the event of an agreed exit by the...

Written Answers — Department of Finance: Central Bank of Ireland Investigations (24 Oct 2019)

Paschal Donohoe: As the Deputy is aware, the Minister of State for Financial Services and Insurance, Mr. Michael D’Arcy, TD, has raised the issue of dual pricing with the Central Bank at a recent meeting and sought their views. In response, the Central Bank has confirmed that they will undertake a review of price optimisation, which includes the practice of dual pricing, as this has been...

Written Answers — Department of Finance: Mortgage Lending (24 Oct 2019)

Paschal Donohoe: The Central Bank of Ireland has an overall and independent responsibility to promote and protect financial stability and the mortgage lending measures, which were introduced in 2015, are an important tool available to the Bank for that purpose.  The Central Bank has committed itself to keeping the particular leading measures under review and the Bank is conducting...

Written Answers — Department of Finance: Brexit Preparations (24 Oct 2019)

Paschal Donohoe: Budget 2020 was presented on the basis of a disorderly exit by the United Kingdom (UK) from the European Union (EU). Given uncertainty around the manner and timing of the UK’s departure this was the correct approach to take. Should the UK leave the EU on an orderly basis, through implementation of the Withdrawal Agreement recently agreed between the UK and EU, Ireland’s fiscal...

Written Answers — Department of Finance: Tax Compliance (24 Oct 2019)

Paschal Donohoe: I am advised by Revenue that the following table ##sets out the compliance measures introduced since Budget 2012. The table includes the projected yields and the actual yields achieved. Links to various relevant analysis and reviews published by Revenue are also included for the Deputy’s information. The total yields are determined using a conservative approach as other actions and...

Written Answers — Department of Finance: Tax Code (24 Oct 2019)

Paschal Donohoe: Officials from my Department met with the association referred to by the Deputy as part of the normal pre-Budgetary consultation process in September, 2019. I have noted the issues raised and proposals made in respect of Capital Gains Tax (CGT) by the organisation in its pre-Budget submission and in particular around possible changes to the revised Capital Gains Tax Entrepreneur Relief. ...

Written Answers — Department of Finance: Financial Services Regulation (24 Oct 2019)

Paschal Donohoe: The Central Bank has received more than 100 Brexit-related applications for authorisation. These include applications both to establish new legal entities and from existing entities seeking to extend their current authorisation. I am advised that the Central Bank does not comment on individual applications for authorisation. The Central Bank is working to ensure that...

Written Answers — Department of Public Expenditure and Reform: Brexit Supports (24 Oct 2019)

Paschal Donohoe: I propose to take Questions Nos. 81 to 83, inclusive, together. Table 2 on page 38 of Expenditure Report 2020 sets out the elements that comprise the overall gross voted expenditure amount of €71.4 billion for 2020. As set out in this table, before taking account of certain Brexit related costs of €1.2 billion and timing related cash costs of €169 million, the overall...

Written Answers — Department of Public Expenditure and Reform: Government Expenditure (24 Oct 2019)

Paschal Donohoe: The initial Revised Estimates for 2016 (published in December 2015) set out an allocation of €13.149 billion of current expenditure for the Health Vote. However, these Revised Estimates were not considered by Committee or agreed by the Dáil before the Dáil was dissolved on 3 February 2016. In June 2016, the Revised Estimates were amended, and a total of €13.695 billion...

Written Answers — Department of Public Expenditure and Reform: Budget 2020 (24 Oct 2019)

Paschal Donohoe: I wish to advise the Deputy that my Department did not produce any promotional videos on Budget 2020 or pay for any social media promotion.

Written Answers — Department of Public Expenditure and Reform: Departmental Legal Cases Data (24 Oct 2019)

Paschal Donohoe: No financial settlements (as defined by the Deputy's office), were reached by my Department in the stated period. The detail of financial settlements reached by bodies under the aegis of my Department, and any inclusion of a confidentiality clause, is set out in the following table.  I am advised that the Office of Public Works will respond directly to the...

Written Answers — Department of Public Expenditure and Reform: National Children's Hospital Expenditure (24 Oct 2019)

Paschal Donohoe: The roll out of the national children’s hospital is a matter for the Minister for Health and it is his responsibility to manage this cost within his multi annual capital envelope. As the Deputy will be aware the capital allocation for Health increased by €80 million in the recently published Budget figures.  The increase in the Health capital expenditure allocation for 2020...

Written Answers — Department of Public Expenditure and Reform: National Children's Hospital Administration (24 Oct 2019)

Paschal Donohoe: Appointments to the National Paediatric Hospital Development Board are a matter for my colleague the Minister for Health and all matters relating to this Board should properly be addressed to him. The Chief Procurement Officer (CPO) served on the Board in a personal capacity and not as part of his role as CPO nor as a representative of my Department. The roll-out of the National...

Finance Bill 2019: Order for Second Stage (23 Oct 2019)

Paschal Donohoe: I move: "That Second Stage be taken now."