Results 16,021-16,040 of 33,392 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Brexit Issues (28 Mar 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. The day to day supervision of insurance undertakings is a matter for the Central Bank of Ireland, and so I have consulted with it in respect of...

Written Answers — Department of Finance: Personal Injury Claims (28 Mar 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, neither my Department nor the Central Bank of Ireland collect the type of information being sought by the Deputy. Currently, the only public information available in relation to awards are those settled by PIAB, and those...

Written Answers — Department of Finance: Stability Programme Update (28 Mar 2019)

Paschal Donohoe: The draft Stability Programme Update 2019 (SPU) will be published in mid-April. In accordance with the requirements of the European Semester, the final SPU will be submitted to the European Commission by 30thApril 2019.

Written Answers — Department of Finance: Insurance Coverage (28 Mar 2019)

Paschal Donohoe: The Department of Finance carried out a review of policy in relation to flood insurance in 2016, which formed part of the Interdepartmental Flood Policy Coordination Group Interim Report, as approved by Government in November 2016. As part of the review, the Department examined a number of possible approaches including approaches in other jurisdictions. This work included examination of an...

Written Answers — Department of Finance: Tax Code (28 Mar 2019)

Paschal Donohoe: I am advised by Revenue that a company may claim capital allowances on capital expenditure, which it incurs on plant and machinery, at a rate of 12.5% per year over 8 years. In order to qualify for capital allowances, the plant and machinery must be in use at the end of the company’s accounting period and in use for the purposes of its trade. With regard to health and safety...

Written Answers — Department of Finance: Insurance Costs (28 Mar 2019)

Paschal Donohoe: My officials discussed issues arising from your question with Insurance Ireland, who stated at the outset that ultimately matters related to payment method options are contractual ones which rest between the individual insurance provider and policyholder. Insurance Ireland also pointed out that the majority of personal consumer insurance products can be paid in instalments and that it...

Written Answers — Department of Finance: Insurance Coverage (28 Mar 2019)

Paschal Donohoe: My officials consulted with both the Central Bank of Ireland and Insurance Ireland on the Deputy’s question. From that engagement, I understand that neither body are aware of any models in other jurisdictions by which companies that are unable to obtain an insurance quote can avail of insurance similar to the Declined Cases Agreement. The Bank has also advised that there is no formal...

Written Answers — Department of Public Expenditure and Reform: Public Spending Code (28 Mar 2019)

Paschal Donohoe: The Public Spending Code is reviewed on an ongoing basis to ensure that it continues to reflect best practice in project appraisal and evaluation and to ensure value for money in the use of public funds. In particular, there has been extensive and ongoing review in relation to capital projects over recent months. I anticipate that this major phase of review of the Public Spending Code will be...

Written Answers — Department of Public Expenditure and Reform: Sports Organisations (28 Mar 2019)

Paschal Donohoe: Article 33(1) of the Constitution requires the Comptroller and Auditor General (C&AG) to control all disbursements on behalf of the State: “There shall be a Comptroller and Auditor General to control on behalf of the State all disbursements and to audit all accounts of moneys administered by or under the authority of the Oireachtas.” Pursuant to Article 33(4) of the...

Civil Registration Bill 2019: Instruction to Committee (27 Mar 2019)

Paschal Donohoe: I move:That, pursuant to Standing Order 154, it shall be an instruction to the Committee to which the Civil Registration Bill 2019 may be recommitted in respect of certain amendments to provide that the Committee has power to make provision in the Bill in relation to section 27 of the Children and Family Relationships Act 2015 for the issuance of certificates by donor-assisted human...

Written Answers — Department of Finance: Insurance Costs (27 Mar 2019)

Paschal Donohoe: My understanding is that the main reason for the difficulties being faced by the play centre sector is due to a lack of capacity in the insurance market which I understand has been driven to some degree by the overall claims level in the sector. In determining their willingness to enter into or remain in a particular sector of the market, insurers will generally make an assessment of what...

Written Answers — Department of Finance: Legal Costs (27 Mar 2019)

Paschal Donohoe: There has been insufficient time to compile all the data in the time allowed and in the format requested by the Deputy. I have therefore asked my officials to finalise the compilation of the requested information and I will provide it to her. I understand that the Office of the Attorney General are currently examining the issue of whether details of professional fees paid to individuals can...

Written Answers — Department of Finance: Tax Data (27 Mar 2019)

Paschal Donohoe: I am advised that France have announced plans to enact a unilateral digital services tax (“the French DST”) which will apply to the revenues of certain activities of large digital companies with effect from 1 January 2019. As the Deputy will be aware, a digital services tax was proposed by the European Commission in March 2018 (“the EU DST”), but no agreement...

Written Answers — Department of Finance: Tax Appeals Commission (27 Mar 2019)

Paschal Donohoe: The TAC was established on 21st March 2016 and new procedures for making, processing, adjudicating and determining appeals came into effect on that date. Prior to this date taxpayers appealed directly to Revenue who then transferred cases to the Appeal Commissioners in the event that the parties wished to proceed to hearing. Since that date, taxpayers appeal directly to the TAC which then...

Written Answers — Department of Finance: Brexit Preparations (27 Mar 2019)

Paschal Donohoe: I propose to take Questions Nos. 107, 108, 115 and 116 together. Revenue has provided me with the following table which provides details of staff assigned to compliance activities in border counties as well as the total staff based in these counties; this includes staff that are assigned to outdoor duties. Revenue is an integrated tax and customs administration and its resources are deployed...

Written Answers — Department of Finance: Brexit Preparations (27 Mar 2019)

Paschal Donohoe: I am informed by Revenue that their preparations do not include any plans for infrastructure at the border. Revenue Chairman, Niall Cody, reiterated this when he addressed the Oireachtas Finance Committee on 24 January 2019. Revenue plans are focused on East West trade. Infrastructure requirements, IT enhancements, recruitment and training on this basis are well-advanced. The Government...

Written Answers — Department of Finance: Tax Yield (27 Mar 2019)

Paschal Donohoe: I am advised by Revenue that the tax yield for Carbon Tax and each carbon fuel type for the years 2010 to 2017 is published on the Revenue website and is available at link: . The provisional yield for each carbon fuel type for 2018 is provided in the table below. 2018 €m Auto diesel 182.8 Petrol 48.1 Aviation Gasoline 0.0 Kerosene 58.6 MGO 54.1 Fuel Oil 1.8 LPG (other)...

Written Answers — Department of Finance: VAT Rate Increases (27 Mar 2019)

Paschal Donohoe: The 9% VAT rate was introduced as a temporary measure in 2011, due to cease at the end of 2013. This period was subsequently extended, but in 2017 a commitment was given to undertake a review of the 9% VAT rate. This review was published in July 2018 and the Budget decision to increase the VAT rate was made following that analysis. The matter referred to by the Deputy in this instance is...

Written Answers — Department of Finance: NAMA Social Housing Expenditure (27 Mar 2019)

Paschal Donohoe: I wish to advise the Deputy that NARPS was established by NAMA as a means of expediting social housing delivery. It purchases suitable houses and apartments directly from NAMA debtors and receivers at market value and leases them to local authorities (LAs) and Approved Housing Bodies (AHBs). This allows social housing bodies with limited capital funding to obtain immediate access to...

Written Answers — Department of Finance: Credit Availability (27 Mar 2019)

Paschal Donohoe: There are a number of regulatory measures which apply to the provision of new residential mortgage credit, including bridging finance for such a purpose, to consumers. These include the European Union (Consumer Mortgage Credit Agreements) Regulations 2016 and the Central Bank Consumer Protection Code (2012). These measures place a number of obligations on lenders in relation to the...