Results 16,201-16,220 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Credits (12 Feb 2019)

Paschal Donohoe: I am advised by Revenue that it has now completed a comprehensive review of the person’s tax situation. Following the review, additional tax credits were allocated to the person in respect of 2013 and a refund will issue in the coming days. Revenue is satisfied that the person’s tax credits in respect of all other years were correctly allocated and there are no further refunds...

Written Answers — Department of Finance: VAT Exemptions (12 Feb 2019)

Paschal Donohoe: The VAT rating of goods and services is subject to the requirements of EU VAT law, with which Irish VAT law must comply. In accordance with the EU VAT Directive, Irish legislation provides for an exemption from VAT for professional medical care services recognised as such by the Department of Health and Children. Those medical care services are generally supplied by health...

Written Answers — Department of Finance: Tracker Mortgages (12 Feb 2019)

Paschal Donohoe: The Central Bank of Ireland advises that, depending upon a customer’s personal circumstances, any such practice as outlined by the Deputy would have to comply with certain requirements of the Consumer Protection Code and be in the customer’s best interests. In particular, the following requirements of the Consumer Protection Code will be relevant:- Provision 6.9(b) requires...

Written Answers — Department of Finance: Financial Services Regulation (12 Feb 2019)

Paschal Donohoe: I understand from the Central Bank that Glenbeigh Securities 2018-1 Designated Activity Company is not regulated by the Central Bank as an owner of credit. The Consumer Protection (Regulation of Credit Servicing Firms) Act 2018 requires owners of the legal title to credit to become authorised as credit servicing firms. The Act gives owners of the legal title to credit 90 days from the...

Written Answers — Department of Finance: Money Laundering (12 Feb 2019)

Paschal Donohoe: The Central Bank is the competent authority responsible for monitoring credit and financial institutions compliance with the requirements set out in Part 4 of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010, as amended (‘the CJA 2010’). In this regard, authorised officers are appointed pursuant to the CJA 2010 and the Central Bank (Supervision and...

Written Answers — Department of Finance: VAT Rate Reductions (12 Feb 2019)

Paschal Donohoe: The VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply. In general, the VAT Directive provides that all goods and services are liable to VAT at the standard rate (which in Ireland is 23%) unless they fall within Annex III of the VAT Directive, in respect of which Member States may apply either one or two reduced rates of VAT. In addition, the...

Written Answers — Department of Finance: Energy Regulation (12 Feb 2019)

Paschal Donohoe: Taxation of natural gas is based on the purpose for which the fuel is used. Natural gas that is supplied to consumers for non-propellant fuel use, such as for heating, is subject to Natural Gas Carbon Tax (NGCT). The current rate of NGCT is €4.10 per megawatt hour. Suppliers of natural gas for non-propellant use are liable to account for and pay NGCT and must register with Revenue in...

Written Answers — Department of Finance: Betting Regulations (12 Feb 2019)

Paschal Donohoe: The increase in the betting duty rate from 1 per cent to 2 per cent, and the betting intermediary duty rate from 15% to 25%, came into effect on 1 January 2019. It is too early to draw any conclusions on the impact of these increases. Receipts from betting duty represented less than 1 per cent of all excise receipts in 2017 and this is also likely to be the case in for 2018. In addition,...

Written Answers — Department of Finance: Insurance Data (12 Feb 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 of Ireland does not routinely collect the type of information being sought either. While the...

Written Answers — Department of Finance: Mortgage Repayments (12 Feb 2019)

Paschal Donohoe: I can confirm that the matter as described had not been drawn to my attention, prior to the Deputy's question. Officials in the Department referred the matter to PTSB and received the following answer: "The migration of the relevant mortgages between the two platforms is now completing, resulting in some short and once-off administrative delays in the processing of payments happening just...

Written Answers — Department of Finance: Film Industry Tax Reliefs (12 Feb 2019)

Paschal Donohoe: The purpose of the film corporation tax credit, found in section 481 Taxes Consolidation Act 1997, is to contribute to the development of a successful and dynamic audio-visual industry in Ireland contributing to the promotion of culture in the State, which can be referred to as the cultural dividend of the scheme. Significant changes to the film tax relief were introduced in 2015,...

Written Answers — Department of Finance: Government Expenditure (12 Feb 2019)

Paschal Donohoe: I propose to take Questions Nos. 187 and 188 together. Levels of general government revenue and expenditure for the EU-15 are available from Eurostat up to 2017 (2018 outturn will be available in April). Projections beyond this point are not available. Similarly, projections for general government revenue and expenditure for Ireland beyond 2023 have not been compiled by my Department. ...

Written Answers — Department of Finance: National Treasury Management Agency Staff (12 Feb 2019)

Paschal Donohoe: The year end headcount of the National Treasury Management Agency (NTMA) excluding staff assigned to the National Asset Management Agency (NAMA) is set out in the table below. Year Headcount 2017 526 2018 556 The table below shows the number of NTMA staff (excluding those assigned to NAMA) by relevant band. The numbers include staff members who left the NTMA during 2018 in addition to...

Written Answers — Department of Finance: NAMA Staff Data (12 Feb 2019)

Paschal Donohoe: The year-end headcounts for 2017 and 2018 of National Treasury Management Agency (NTMA) staff assigned to the National Asset Management Agency (NAMA) are set out in the following table: 2017-2018 Year Headcount 2017 264 2018 238 Salary information for year-end 2017 is included on page 115 of the NAMA 2017 Annual Report. The table below shows the number of NAMA officers by relevant salary...

Written Answers — Department of Finance: NAMA Staff Remuneration (12 Feb 2019)

Paschal Donohoe: I draw the Deputy's attention to page 113 of NAMA's Annual Report and Financial Statements for 2017 which sets out Note 10.1 - Staff costs. I am advised that an amount of €0.8m was incurred in respect of 10 members of staff who departed under the 2017 Voluntary Redundancy Scheme. Two employees left in 2017 and a further eight were placed on garden leave in 2018 in advance of their...

Written Answers — Department of Finance: Revenue Commissioners Resources (12 Feb 2019)

Paschal Donohoe: Revenue is an integrated tax and customs administration. I am advised by Revenue that it has maintained staffing levels of approximately 2,000 staff across the State in the past five years who are engaged in activities that are dedicated to targeting and confronting non-compliance. These activities include anti-smuggling and anti-evasion, investigation and prosecution, audit, assurance...

Written Answers — Department of Public Expenditure and Reform: Flood Risk Assessments (12 Feb 2019)

Paschal Donohoe: In 2012, the Office of Public Works designated 300 areas or communities believed to be at significant flood risk and through the Catchment Flood Risk Assessment and Management (CFRAM) Programme carried out the largest ever flood risk study in Ireland to date. The CFRAM programme included a risk assessment of areas defended by OPW flood defence schemes, took account of the risk assessment...

Written Answers — Department of Public Expenditure and Reform: Flood Risk Insurance Cover Provision (12 Feb 2019)

Paschal Donohoe: The Deputy will acknowledge that the Office of Public Works has no responsibility for oversight or regulation of the insurance industry in relation to flood risk insurance, or to insurance matters generally. The Government’s strategy is that in return to its investment on flood defence schemes in the most at risk communities, households and businesses should be able to access flood...

Written Answers — Department of Public Expenditure and Reform: Drainage Schemes (12 Feb 2019)

Paschal Donohoe: The Office of Public Works (OPW) is responsible for the maintenance of Arterial Drainage Schemes and catchment drainage schemes designated under the Arterial Drainage Acts of 1945 and 1995. The section of the Nenagh River at Tiermoyle, Latteragh forms part of the Nenagh Arterial Drainage Scheme and is under the auspices of OPW. OPW's scheduled maintenance programme for 2019 includes works on...

Written Answers — Department of Public Expenditure and Reform: Forensic Science Ireland Laboratory (12 Feb 2019)

Paschal Donohoe: The Office of Public Works is undertaking the Forensic Science Laboratory not the Forensic Science Library. The Government is committed to delivering Project Ireland 2040 within the overall multi-year resource envelope that has been set out. For 2019, the capital allocation has increased by €1,325 million or just over 22% above the 2018 allocation as stated in the Revised...