Results 14,861-14,880 of 32,726 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Code of Conduct on Mortgage Arrears (21 May 2019)

Paschal Donohoe: I have been advised by the Central Bank of Ireland that Provision 39 of the Code of Conduct on Mortgage Arrears (CCMA) requires that a regulated entity must explore all of the options for alternative repayment arrangements that are offered by that particular regulated entity.  These options may include the types of alternative repayment arrangements outlined in Provision 39 (a) to...

Written Answers — Department of Finance: Code of Conduct on Mortgage Arrears (21 May 2019)

Paschal Donohoe: I have been advised by the Central Bank of Ireland that the Code of Conduct on Mortgage Arrears 2013 (CCMA) seeks to ensure that lenders have fair and transparent processes in place for dealing with borrowers in or facing mortgage arrears. All cases must be handled sympathetically and positively by the lender, with the objective at all times of assisting the borrower to meet his or her...

Written Answers — Department of Finance: Loan Books Purchasers (21 May 2019)

Paschal Donohoe: I am advised by the Central Bank that while there is no specific provision in the Central Bank’s codes which requires that a full file be received by the loan purchaser from the original lender, the General Principles of the Central Bank’s Consumer Protection Code 2012 provide that “a regulated entity must ensure that in all its dealings with customers and within the...

Written Answers — Department of Public Expenditure and Reform: Early Retirement Scheme (21 May 2019)

Paschal Donohoe: The terms and conditions as set out in the Collective Agreement on Redundancy Payments of June 2012, included a ban on public service re-employment for beneficiaries for two years and, thereafter, the prior consent of the Minister for Public Expenditure and Reform was required. In addition the Voluntary Redundancy Schemes of 2010 in the Health Sector also required the consent of the Minister...

Written Answers — Department of Public Expenditure and Reform: Election Expenditure (21 May 2019)

Paschal Donohoe: The final remuneration that Returning Officers receive for carrying out their duties in respect of the 2019 Local and European elections are not available as final accounts from Returning Officers are not due until six months after the election. The remuneration paid to Returning Officers’ for the 2014 European & Local Elections was €12.4m (this figure includes the...

Written Answers — Department of Public Expenditure and Reform: Departmental Expenditure (21 May 2019)

Paschal Donohoe: I wish to advise the Deputy that details of my Department's spend on consultancy costs, professional fees, legal fees and advisory fees since its establishment in 2011 up to end Q1 2019 can be found at .

Written Answers — Department of Public Expenditure and Reform: National Broadband Plan (21 May 2019)

Paschal Donohoe: The Public Spending Code requires that Departments undertake an appropriate appraisal, such as cost benefit analysis (CBA) or cost effectiveness analysis, on all expenditure proposals with an estimated value in excess of €20 million, before any approval is given to proceed to procurement.  The Public Spending Code further requires Departments to submit their appraisals for such...

Written Answers — Department of Public Expenditure and Reform: National Children's Hospital (21 May 2019)

Paschal Donohoe: The National Development Plan announced an investment programme of €116 billion over the period 2018 - 2027.  There will be no increase in this amount to facilitate the construction of the National Children's Hospital, therefore there will be no additional impact on GGB, GDP or GNI*.

Written Answers — Department of Public Expenditure and Reform: National Broadband Plan (21 May 2019)

Paschal Donohoe: I propose to take Questions Nos. 216 and 217 together. As I have previously indicated, I intend to provide the additional capital required to fund the cost of proceeding with the National Broadband Plan from future revenues.  This will be done in the context of updating the overall multi-annual capital ceilings set out in Project Ireland 2040.

Written Answers — Department of Public Expenditure and Reform: Public Spending Code (21 May 2019)

Paschal Donohoe: The Public Spending Code is the set of rules and procedures that apply to ensure that value for money standards are upheld across the Irish Public Service. The Code sets out the appraisal/business case requirements for every publically funded project. It stipulates that every spending proposal should be appraised carefully but the resources spent on appraisal should be commensurate with...

Written Answers — Department of Public Expenditure and Reform: Official Travel (21 May 2019)

Paschal Donohoe: I propose to take Questions Nos. 219 to 221, inclusive, together. Travel on official duty is an integral part of the functions carried out by many civil and public servants.  As a standard principle, public servants should always use public transport for official travel in the first instance, where suitable. Where the use of car is deemed necessary, the mileage rates are designed...

Written Answers — Department of Finance: Insurance Data (16 May 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 collect the type of information being sought by the Deputy. I am also informed that the Central Bank of Ireland does not collect the type of information being sought either. In order to be helpful as...

Written Answers — Department of Finance: VAT Rate Application (16 May 2019)

Paschal Donohoe: The VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply. Under the EU VAT Directive it is not permissible to differentiate between the supply of different types of residential property, such as apartments and houses, for the purpose of applying VAT rates.

Written Answers — Department of Finance: Insurance Data (16 May 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 collect the type of information being sought by the Deputy. My Department contacted Insurance Ireland for any details they might hold on behalf of their members in relation to this matter. Insurance...

Written Answers — Department of Finance: Help-To-Buy Scheme (16 May 2019)

Paschal Donohoe: The Deputy has raised a specific issue with regard to the Help to Buy scheme which is provided for by section 477C of the Taxes Consolidation Act. I am advised by Revenue that there is not enough information provided in the details supplied to enable Revenue to address the matter raised. If Deputy Kehoe provides the details and contact information of the taxpayers concerned to Revenue,...

Written Answers — Department of Finance: Legislative Process (16 May 2019)

Paschal Donohoe: As the Deputy will be aware Report Stage of the National Surplus (Reserve Fund for Exceptional Contingencies) Bill 2018 had originally been scheduled for Tuesday 16 April. Due to the time given to debating other matters on the evening concerned it was not reached. The re-scheduling of Report Stage is a matter for final agreement between the Party Whips but my Private Office has received...

Written Answers — Department of Finance: Home Loan Scheme (16 May 2019)

Paschal Donohoe: The Rebuilding Ireland Home Loan was launched on 1 February 2018. Prior to its launch, a tranche of €200 million of long-term fixed-rate finance was borrowed by the Housing Finance Agency (HFA) to provide funds for the scheme to local authorities. The amount of €200 million initially provided for the Rebuilding Ireland Home Loan (RIHL) was based on the Department of...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (16 May 2019)

Paschal Donohoe: Under the current pension increase policy for pre-existing pension schemes agreed as part of the Public Services Stability Agreement 2018-2020 (PSSA), with effect from 1 September 2017, pay increases applied to serving staff in 2016 and 2017, as well as those approved over the course of the Agreement, are passed on to qualifying pensions. A pension will qualify for an increase if the pay rate...

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

Paschal Donohoe: The Universal Social Charge (USC) was introduced in Budget 2011 to replace the Income Levy and Health Levy. It was a necessary measure to widen the tax base, remove poverty traps and maintain revenue to reduce the budget deficit. It is a more sustainable charge than those it replaced and is applied at a low rate on a wide base. However, the base for USC does not include payments made by the...

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

Paschal Donohoe: I recognise that there has been a substantial increase in corporation tax receipts in recent years and, while in many ways this is a positive reflection of our economic recovery and improved trading conditions, I am also aware that there are risks associated with this increase. In particular it is important to ensure that longer-term spending commitments are not entered into on the basis of...