Results 13,801-13,820 of 33,280 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Insurance Costs (15 Oct 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 does not collect the type of information being sought by the Deputy. I understand that the Central Bank does not collect such information either. Therefore, I am unable to provide the Deputy with information on the...

Written Answers — Department of Finance: Civil Service Staff Data (15 Oct 2019)

Paschal Donohoe: I wish to inform the Deputy that the number of full-time and part-time civil servants the Department of Finance has recruited by grade in each of the years 2014 to 2018 and to date in 2019; the number of full-time and part-time civil servants the Department of Finance has lost due to retirement by grade in the same period is outlined in the attached document. ">Recruitment

Written Answers — Department of Finance: Tax Data (15 Oct 2019)

Paschal Donohoe: I am advised by Revenue that the Stamp Duty charge on cheque payments in 2018 amounted to almost €13 million. Revenue has also confirmed that the annual cost to the Exchequer would be broadly similar if the charge was abolished.

Written Answers — Department of Finance: Universal Social Charge Application (15 Oct 2019)

Paschal Donohoe: Section 531AN of the Taxes Consolidation Act (TCA) 1997 provides for a reduced Universal Social Charge (USC) rate of 2% on all income above €12,012, where a person’s total income in a year does not exceed €60,000 and where the person is aged 70 or over or holds a full medical card. A rate of 0.5% on the first €12,012 of income applies to all taxpayers. Revenue...

Written Answers — Department of Finance: Budget 2020 (15 Oct 2019)

Paschal Donohoe: In Budget 2020 I announced policy changes to a number of taxation measures, to include Income Tax; Corporation Tax; Capital Gains Tax; and Excise Duties, with the objective of supporting Enterprise, SMEs and the Agri-sector. The combined cost (€30 million in 2020) of the policy changes was provided in the Budget 2020 Summary of Taxation Measures document, which was published on Budget...

Written Answers — Department of Finance: Fuel Rebate Scheme (15 Oct 2019)

Paschal Donohoe: The Diesel Rebate Scheme (DRS) was introduced in 2013 and offers a partial refund to qualifying road operators on the excise paid on diesel when the retail price is €1.00 (Vat exclusive) or above. The maximum rebate is 7.5 cents per litre when the retail price is €1.25 (Vat exclusive) or above. Certain qualifying criteria apply, for example, auto diesel must be purchased...

Written Answers — Department of Finance: Fiscal Compact Treaty (15 Oct 2019)

Paschal Donohoe: The article to which the Deputy refers concerns the EU fiscal rules, which are a key component of the architecture of European Monetary Union. The rules aim to preserve national fiscal autonomy but, at the same time, to constrain the fiscal stance of individual Member States in order to ensure fiscal sustainability and prevent negative spill-overs to other participants. The EU’s fiscal...

Written Answers — Department of Finance: Carbon Tax Implementation (15 Oct 2019)

Paschal Donohoe: The increase in carbon tax applied to auto diesel and petrol from midnight on Budget night. I have delayed the increase on all other fuels which the carbon tax is applied to until May 2020 after the winter heating season.

Written Answers — Department of Finance: Carbon Tax Exemptions (15 Oct 2019)

Paschal Donohoe: In my Budget 2020 speech, I announced an increase from €20 to €26 in the carbon tax. Following the approval of the Dáil, this increase has been applied to Mineral Oil Tax (MOT) rates for mineral oils used as auto-fuels (for cars and trucks) from midnight on 9 October 2019. All other MOT rates remain at their current levels until 1 May 2020 when new rates will take effect...

Written Answers — Department of Finance: Corporation Tax Regime (15 Oct 2019)

Paschal Donohoe: I am aware that on the matter of the effective corporate tax rate paid by corporations in Ireland, there have been seemingly conflicting figures and methodologies used in reference to Ireland. I would advise the Deputy that significant work has been undertaken on this matter by my own Department, by Revenue and by others. I am advised by Revenue that the effective rate of Corporation Tax...

Written Answers — Department of Finance: Tax Reliefs Costs (15 Oct 2019)

Paschal Donohoe: The Special Assignee Relief Programme (SARP) is an income tax incentive designed to help reduce the cost to employers of assigning skilled individuals in their companies from abroad, to take up positions in the Irish-based operations of their employer or an associated company, thereby facilitating the creation of jobs and the development and expansion of businesses in Ireland. As the...

Written Answers — Department of Finance: Tax Reliefs Data (15 Oct 2019)

Paschal Donohoe: The Special Assignee Relief Programme (SARP) is an income tax incentive designed to help reduce the cost to employers of assigning skilled individuals in their companies from abroad, to take up positions in the Irish-based operations of their employer or an associated company, thereby facilitating the creation of jobs and the development and expansion of businesses in Ireland. The number of...

Written Answers — Department of Finance: Tax Code (15 Oct 2019)

Paschal Donohoe: Ireland’s excise duty treatment of fuel used for air navigation is based on European law as set out in Directive 2003/96/EC on the taxation of energy products and electricity, commonly known as the Energy Tax Directive. Under this Directive, Member States are obliged to exempt certain fuels used for commercial aviation purposes from excise duty. The scope of this exemption must include...

Written Answers — Department of Finance: Central Bank of Ireland (15 Oct 2019)

Paschal Donohoe: CP116 as the Deputy is aware relates to the Central Bank of Ireland’s consultation paper on ‘intermediary inducements- enhanced consumer protection measures’ published in November 2017. In keeping with its mandate to protect the consumers of financial services, the Central Bank reviewed potential risks posed to consumers through the existence of commission arrangements...

Written Answers — Department of Finance: Cycle to Work Scheme (15 Oct 2019)

Paschal Donohoe: As I informed the Deputy in my reply to PQ reference 27163/19 on 26th June this year, the Cycle To Work scheme provides an exemption from tax on the first €1,000 of expenditure incurred by an employer in connection with the provision of a bicycle or safety equipment to an employee or director. The bicycle must be for the employee/director’s personal use in undertaking the whole...

Written Answers — Department of Finance: NAMA Social Housing Expenditure (15 Oct 2019)

Paschal Donohoe: The NTMA have informed me that this delivery mechanism has been superseded by the Enhanced Long-Term Social Housing Leasing Scheme, which was launched on 31 January 2018. The NTMA, as the National Development Finance Agency, acted as financial advisor to the Department of Housing, Planning and Local Government in respect of the development of this long-term leasing model, however the NTMA...

Written Answers — Department of Finance: Living City Initiative (15 Oct 2019)

Paschal Donohoe: As the Deputy will be aware, the Living City Initiative (LCI) was provided for in Finance Act 2013 and commenced on 5th May 2015. In my Budget 2020 speech I announced that the LCI would be extended from 5 May 2020 to 31 December 2022. In Finance Act 2014, LCI was extended beyond the original planned pilot city special regeneration zones of Limerick and Waterford, to include the special...

Written Answers — Department of Finance: Tax Code (15 Oct 2019)

Paschal Donohoe: I am presuming that the Deputy is referring to the taxation of aviation fuel rather than its overall cost. The Energy Tax Directive (2003/96/EC) currently mandatorily exempts the application of tax on aviation fuel used in intra EU and international flights, save where bilateral arrangements are entered into between Member States. The European Commission recently published an evaluation of...

Written Answers — Department of Public Expenditure and Reform: Parental Leave (15 Oct 2019)

Paschal Donohoe: In relation to parental leave matters, as Minister for Public Expenditure and Reform, I only have responsibility for the civil service. Other Ministers have responsibility for parental leave matters in the different sectors of the wider public service. With effect from 1 September, 2010, the upper age limit of the child increased in the civil service from 8 to 13 years on an administrative...

Written Answers — Department of Public Expenditure and Reform: Public Services Card (15 Oct 2019)

Paschal Donohoe: As the Deputy is aware the Public Services Card and MyGovID are a means of assisting the delivery of public services to the people who need them. They were brought about to ensure personal data is protected, and to ensure people get access to public services safely, securely and efficiently. As Minister for Public Expenditure and Reform, I am responsible for ensuring the proper use of...