Results 14,921-14,940 of 32,572 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Revenue Commissioners Staff (18 Apr 2019)

Paschal Donohoe: I am advised by Revenue that their structural realignment in 2018 had a particular focus on optimising the alignment of resources and risk in line with Revenue’s Statement of Strategy 2017–2019. In the context of realignment there was an increase in the number of specialist and experienced staff assigned to Revenue’s Large Cases - High-Wealth Individuals Division...

Written Answers — Department of Finance: Revenue Commissioners Staff (18 Apr 2019)

Paschal Donohoe: I am advised by Revenue that, excluding staff required to deal directly with Brexit, it plans to recruit the following staff by grade during the rest of 2019: Grade Recruitment Estimate, excluding Brexit Assistant Secretary 2 Principal 10 Assistant Principal 30 Administrative Officer/Higher Executive Officer 80 Executive Officer 100 Clerical Officer 120 Other 8 Total 350 The number...

Written Answers — Department of Finance: Departmental Staff (18 Apr 2019)

Paschal Donohoe: I wish to inform the Deputy that the company referred to provided two Solicitors on secondment on a pro-bono basis to the Department of Finance. The first was seconded for the period 01/11/2011-18/11/2011 and the second was seconded for the period 21/11/2011-13/07/2012. The Solicitors assisted in matters relating to the restructuring of the banking sector.

Written Answers — Department of Finance: Commercial Rates (18 Apr 2019)

Paschal Donohoe: I am advised by Revenue that, as a general rule, commercial rates are deductible for tax purposes. When rates are levied on a person carrying on a trade or profession, the rates are deductible as they represent a cost of business and are therefore incurred wholly and exclusively for the trade or profession.  This is in accordance with section 81 of the Taxes Consolidation Act 1997,...

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

Paschal Donohoe: I am advised by Revenue that the meeting with the organisation concerned was scheduled for yesterday Wednesday 17 April 2019 and in the time available and having regard to Section 851A of the Taxes Consolidation Act relating to taxpayer confidentiality, it is not possible to provide any further details in relation to this matter.

Written Answers — Department of Finance: Revenue Commissioners (18 Apr 2019)

Paschal Donohoe: I am advised by Revenue that having regard to taxpayer confidentiality obligations as enshrined in S851A of the Taxes Consolidation Act 1997, Revenue will not comment on the nature or frequency of the number of engagements with any specific taxpayer.

Written Answers — Department of Finance: Departmental Agencies Data (18 Apr 2019)

Paschal Donohoe: There are eighteen bodies under the aegis of my Department, three of which are based in Dublin and do not directly employ staff. These are the Credit Union Advisory Committee, the Disabled Drivers Medical Board of Appeal and the Irish Financial Services Appeals Tribunal. A further body, the Credit Union Restructuring Board (ReBo), has completed its restructuring work and has been wound down...

Written Answers — Department of Finance: Tax Collection (18 Apr 2019)

Paschal Donohoe: I am advised by Revenue that it recently completed a review of the person’s tax situation and is satisfied that their tax credits and rate bands are correctly allocated. Revenue has also confirmed that it made direct contact with the person to explain their various entitlements to them and to confirm that their tax payments are correct.

Written Answers — Department of Finance: Motor Insurance (18 Apr 2019)

Paschal Donohoe: At the outset, as the Deputy is aware, I in my role, as Minister for Finance have no responsibility for the operation of the Declined Cases Agreement and therefore do not have direct access to the data that is being requested. However, in order to be as helpful as I can, my officials contacted Insurance Ireland about your information request. In response they have provided me with...

Written Answers — Department of Finance: Personal Contract Plans (18 Apr 2019)

Paschal Donohoe: In its "Money and Banking" statistical series, the Central Bank (in Table A.19 - see link) publishes data on the types of car finance provided to households including PCP finance. The table underneath presents the number of PCP contracts outstanding at the end of 2016, 2017, and the end of June-2018, together with the outstanding amounts on these contracts. At end Number of PCP...

Written Answers — Department of Finance: Personal Contract Plans (18 Apr 2019)

Paschal Donohoe: Firstly, I must point out that the Financial Services and Pensions Ombudsman (FSPO) is independent in the performance of his statutory functions. I have no role in the day to day workings of the office or in the decisions which he takes. However, the Financial Services and Pensions Ombudsman has informed me that there are no active complaints on hand at present in relation to personal...

Written Answers — Department of Finance: Tax Appeals Commission (18 Apr 2019)

Paschal Donohoe: I propose to take Questions Nos. 71 to 74, inclusive, together. The Tax Appeals Commission (“TAC”) was established on 21 March 2016 and new procedures for making, processing, adjudicating and determining appeals came into effect. Before this date taxpayers appealed directly to Revenue, who then transferred cases to the Appeal Commissioners if and when they proceeded to appeal....

Written Answers — Department of Finance: Tax Compliance (18 Apr 2019)

Paschal Donohoe: I am advised by Revenue that the number and value of penalties imposed/collected and the interest collected for the years 2016 to 2019 (to date), broken down by each tax heading, are set out in the tables. Table 1 – Number of Penalties Imposed. Note: A taxpayer may be counted in more than one tax head. 2016 2017 2018 2019 YTD PAYE 1,154 1,221 1,442 242 PRSI 100 101 82 23 VAT...

Written Answers — Department of Finance: Central Bank of Ireland Enforcement Actions (18 Apr 2019)

Paschal Donohoe: The Central Bank of Ireland have provided the following tables setting out the number and details of concluded enforcement actions by the Central Bank in each of the years 2016 to 2019 (to date). Enforcement actions against regulated firms and individuals under the Administrative Sanctions Procedure (ASP) Year Number Fines Imposed 2019 0* €0* 2018 10 €7,441,000 2017 11...

Written Answers — Department of Finance: Real Estate Investment Trusts (18 Apr 2019)

Paschal Donohoe: I propose to take Questions Nos. 77 and 78 together. The rules relating to Real Estate Investment Trusts (REITs) in Ireland are found in Part 25A of the Taxes Consolidation Act 1997, and were introduced by Finance Act 2013. Irish REITs are collective investment vehicles which invest in Irish property. As such, their income and gains from Irish property are not taxed within the REIT but are...

Written Answers — Department of Finance: Life Insurance Policies (18 Apr 2019)

Paschal Donohoe: I am advised by the Revenue Commissioners that the yield from Life Assurance Exit Tax was approximately €165 million in 2018. The projected yield for Life Assurance Exit Tax in 2019 is €195 million.

Written Answers — Department of Finance: Life Insurance Policies (18 Apr 2019)

Paschal Donohoe: Section 124B Stamp Duties Consolidation Act 1999 provides for a levy of 1% on life insurance premiums paid by Irish policyholders to life insurance companies located in the EU and EEA. Information in relation to Stamp Duty receipts, including the yield from the Life Assurance Levy from 2015 to 2018, can be found on the statistics page of the Revenue website at . For the deputies convenience...

Written Answers — Department of Finance: Civil Service Staff Data (18 Apr 2019)

Paschal Donohoe: I wish to inform the Deputy that the number of staff employed in each grade, by gender, from Secretary General to Service Attendant within the Department of Finance from 2016 to 31st March 2019 are contained in the following tables. Jan. - 31st Mar. 2019 Summary Grade Gender Total Secretary General Male 1.00 Asst. Sec Male 6.00 PO Female 8.90 Male 17.80 AP Female 31.60 ...

Written Answers — Department of Finance: NAMA Social Housing Provision (18 Apr 2019)

Paschal Donohoe: NAMA has played a significant role in facilitating the supply of social housing across Ireland from its secured portfolio. I am advised that NAMA has conducted regular reviews of the assets securing its loan portfolio to establish if vacant residential properties could be utilised for social housing. Up until end-2018, NAMA had identified a total of 6,984 residential properties as being...

Written Answers — Department of Finance: Home Building Finance Ireland Data (18 Apr 2019)

Paschal Donohoe: Home Building Finance Ireland (HBFI) was established in December 2018 to lend money to small and medium sized builders and developers for commercially viable residential developments, particularly those situated outside the State's major urban centres. HBFI has been provided with access to €750 million of funding from the Irish Strategic Investment fund, with which it is expected to...