Results 14,381-14,400 of 32,569 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Financial Services Regulation (18 Jun 2019)

Paschal Donohoe: At the outset, it is important to note that while as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation, it is the Central Bank of Ireland that is responsible for the day-to-day supervision of life assurance companies. However, in order to assist the Deputy, my officials contacted the Central Bank of Ireland about this query and...

Written Answers — Department of Finance: Credit Register Data (18 Jun 2019)

Paschal Donohoe: Section 30 of the Credit Reporting Act 2013, provides that "The Bank may produce— ... and (b)general reports, analyses and statistics from which credit information subjects cannot be identified." The Central Credit Register is focusing on the completion of the timeline for the submission of information to the Central Credit Register by lenders. In this regard, Hire Purchase, PCPs and...

Written Answers — Department of Finance: Tax Code (18 Jun 2019)

Paschal Donohoe: As a small open economy, connected to Europe, the US and the wider world, Ireland is committed to a competitive, transparent and stable corporation tax system. Our corporation tax system follows the principle of applying low rates to a broad base, which is widely recognised as being the most economically efficient model. Maintaining a corporation tax system that is sustainable and which...

Written Answers — Department of Finance: Property Tax Data (18 Jun 2019)

Paschal Donohoe: Local Property Tax (LPT) provides for certain properties to be exempt from the tax during a valuation period. For the current valuation period (now extended to cover from 2013 to 2020), these include properties purchased between 1 January 2013 and 31 December 2013 and trading stock of builders/developers unsold at 1 May 2013 or sold in the period 1 January 2013 to 31 October 2020. In...

Written Answers — Department of Public Expenditure and Reform: Carer's Allowance Payments (18 Jun 2019)

Paschal Donohoe: As the Deputy may be aware, the administration of carer's allowance payments is a matter for the Department of Employment Affairs and Social Protection. This includes decisions about entitlement to this allowance and the level of payments to be made to qualifying individuals. The Department of Public Expenditure and Reform does not carry out inspections of carer's allowances payments.

Written Answers — Department of Public Expenditure and Reform: Freedom of Information Data (18 Jun 2019)

Paschal Donohoe: The information requested by the Deputy is set out in the following table: Granted Part Granted Refused Transferred Withdrawn Handled outside of FOI Total 60 68 67 0 5 7 207

Written Answers — Department of Public Expenditure and Reform: Pension Provisions (18 Jun 2019)

Paschal Donohoe: First, I should clarify that the civil service worksharing scheme allows the individual to avail of a variety of attendance patterns so as to be able to combine work and personal responsibilities or choices. Thus, it does not involve leaving the workforce. The career break scheme, on the other hand, gives the individual the possibility to take special leave without pay for a variety of...

Written Answers — Department of Public Expenditure and Reform: Departmental Properties (18 Jun 2019)

Paschal Donohoe: There has been no land purchased nor leased by my Department in the last five years.

Written Answers — Department of Public Expenditure and Reform: Departmental Properties (18 Jun 2019)

Paschal Donohoe: In the past five years, my Department has not purchased any buildings nor property from its Vote (Vote 11). The Department is financing one lease from its own Vote. This lease is with the Technical University Dublin for learning facilities to support the Civil Service Learning and Development programme. The lease commenced in December 2018 with a cost of €10,800 that year. The...

Written Answers — Department of Public Expenditure and Reform: Departmental Budgets (18 Jun 2019)

Paschal Donohoe: Managing the delivery of public services within budgetary allocations is a key responsibility of every Department and Minister. My Department is in regular contact with all other Departments and Offices to ensure that expenditure is being managed within the overall fiscal parameters. The drawdown of funds from the Exchequer is reported on each month against expenditure profiles in the...

Written Answers — Department of Finance: Central Bank of Ireland Staff (13 Jun 2019)

Paschal Donohoe: The New Zealand State Services Commissioner is carrying out an investigation into the unauthorised access of New Zealand Budget material and the events surrounding it.  The State Services Commissioner, Peter Hughes, has stated that his office will not be making any comment on the matter until his investigation is concluded and all of the facts have been ascertained.  The...

Written Answers — Department of Finance: Departmental Legal Costs (13 Jun 2019)

Paschal Donohoe: Ireland has never accepted the Commission’s analysis in the Apple State aid Decision and is challenging the Commission’s decision before the European Courts. Notwithstanding this, the Irish authorities have engaged fully with the Commission throughout the State aid investigation. This involved a significant degree of legal and technical complexity, and additional expertise has...

Written Answers — Department of Finance: Credit Ratings (13 Jun 2019)

Paschal Donohoe: The Central Credit Register (CCR) is established by the Central Bank of Ireland under the Credit Reporting Act 2013 (the Act). Under the Act, lenders are obliged to submit specified personal and credit information on loans to the CCR.  Lenders have been submitting information on consumer mortgages since 30 June 2017. As part of the credit information, the Central Bank has advised...

Written Answers — Department of Finance: Property Tax Collection (13 Jun 2019)

Paschal Donohoe: Revenue provides a range of payment and phased payment options that allow property owners to meet their Local Property Tax (LPT) obligations in a manner that best suits individual circumstances. One of the available phased payment options is Deduction at Source (DAS) from various payment schemes operated by the Department of Employment Affairs and Social Protection (DEASP). These schemes...

Written Answers — Department of Finance: Property Tax Collection (13 Jun 2019)

Paschal Donohoe: Section 38 of the Finance (Local Property Tax Act) 2012 (as amended) provides that property owners who fail to meet their LPT obligations will be subject to a tax-geared surcharge when filing an Income Tax (IT), Corporation Tax (CT) or Capital Gains Tax (CGT) return. The surcharge is set at 10% of the appropriate IT, CT, or CGT liability to a maximum of €63,485 and is in addition to...

Written Answers — Department of Finance: NAMA Operations (13 Jun 2019)

Paschal Donohoe: Section 172(3) of the NAMA Act 2009 is a legal provision that, in broad terms, prevents assets held as security for loans acquired by NAMA from being sold back to defaulting debtors, or persons acting on behalf of defaulting debtors. The provision concerns property transactions (as opposed to loan sales) where a default has occurred under the loan secured by that property. ...

Written Answers — Department of Finance: Tax Code (13 Jun 2019)

Paschal Donohoe: I am advised by Revenue that there are insufficient details provided to allow the provision of a definitive reply to the Deputy’s question. I can say that, in general, pensions received by Irish residents from an Irish source are subject to tax under the PAYE system.  However, the taxation of a German-sourced pension received by persons who are resident in the State is...

Written Answers — Department of Finance: Banking Sector Remuneration (13 Jun 2019)

Paschal Donohoe: The Deputy will be aware that Government policy on banking remuneration has remained unchanged since the financial crisis. Extensive restrictions are in place and these are not simply confined to a handful of senior bankers whose pay is restricted by the €500,000 pay cap (excluding a standard pension contribution). These affect c.23,000 workers across the three banks in which the...

Written Answers — Department of Finance: Insurance Industry Regulation (13 Jun 2019)

Paschal Donohoe: At the outset, it is important to note that while as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation, my Department does not have a role in the regulation of claims harvesting websites in Ireland nor in the collection of data on the number of these websites.  Allegations of companies engaging in such practices were...

Written Answers — Department of Finance: Tracker Mortgage Examination (13 Jun 2019)

Paschal Donohoe: The Central Bank currently has a number of ongoing enforcement investigations arising out of the tracker mortgage examination.  These investigations are considering all possible angles, including potential individual culpability.  However the Central Bank has advised that it cannot comment further on any possible investigations into individuals without the risk of prejudicing the...