Results 16,401-16,420 of 32,602 for speaker:Paschal Donohoe

Written Answers — Department of Public Expenditure and Reform: Forestry Management (24 Jan 2019)

Paschal Donohoe: The ownership of the woodlands surrounding the Mooghaun Hillfort lies with Coillte and unless the scrub in question is on the DCHG / OPW property, it would be a matter for Coillte to address. As regards the descriptive table referred to by the Deputy, there are no plans currently to reinstate it and no provision has been made in the OPW's 2019 Business Plan for such works to be done.While I...

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (23 Jan 2019)

Paschal Donohoe: I will deal with the matter as it relates to public pay. I will deal with each of the Deputy's contentions in turn. Her first was that the Government has sat on its hands regarding this issue. She will be aware that we had a commitment under the current pay agreement to put in place the Public Service Pay Commission. We honoured that commitment. There was a commitment that this issue...

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation (23 Jan 2019)

Paschal Donohoe: I thank Deputy Howlin for raising this issue. It is one that I am now aware of. As the Deputy fairly acknowledged, this is not an issue that was dealt with in the Finance Bill, nor was it legislated for in the House. It concerns an interpretation of our tax code by the Revenue Commissioners which, as everyone knows, are independent of direction from me. I had been aiming to deal with the...

Written Answers — Department of Finance: Tax Clearance Certificates (23 Jan 2019)

Paschal Donohoe: I am advised by Revenue a tax clearance certificate has issued to the person concerned.

Written Answers — Department of Finance: Insurance Costs (23 Jan 2019)

Paschal Donohoe: As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation.  Neither I nor the Central Bank of Ireland can interfere in the provision or pricing of insurance products, as these matters are of a commercial nature, and are determined by insurance companies based on an assessment of the risks they are willing to accept.  This...

Written Answers — Department of Finance: Banking Sector (23 Jan 2019)

Paschal Donohoe: There have been 49 transfers of banking business carried out under section 33 of the Central Bank Act 1971 (as amended) since the legislation was introduced. A list of the Statutory Instruments (S.I.s) giving Ministerial approval for these transfers is detailed below. In my time as Minister for Finance, I have received two requests seeking my approval to transfer a banking...

Written Answers — Department of Finance: IBRC Liquidation (23 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 68 and 69 together. I am advised by the Special Liquidators of IBRC that for reasons of commercial sensitivity and confidentiality, they do not believe it would be appropriate to provide the requested details regarding individual creditors and their claims on the liquidation of IBRC. As at the end of December 2017 more than 2,400 claims had been adjudicated on...

Written Answers — Department of Finance: IBRC Liquidation (23 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 70, 71 and 73 together. The most recent IBRC special liquidation progress update report was published in May 2018 () and provides a detailed overview of the fees and all other third party costs associated with the liquidation of IBRC for the period from the date of the liquidation to 31st December 2017. For the 59 months since the start of the...

Written Answers — Department of Finance: IBRC Liquidation (23 Jan 2019)

Paschal Donohoe: Following the liquidation of IBRC in February 2013 Department of Finance officials formally met with the Special Liquidators on a very frequent basis; however, given the progress being made on the liquidation, the frequency of these formal meetings has reduced as is to be expected. A breakdown by year of the formal update meetings that have taken place between my Department and the Special...

Written Answers — Department of Finance: VAT Rate Application (23 Jan 2019)

Paschal Donohoe: The standard rate of VAT applies to food supplements. However, a Revenue Commissioners concession allowed the zero rate to be applied to certain types of vitamins, minerals and fish oils.  Revenue has since decided to remove this concession with effect from 1 March 2019 so that all food supplements will be charged at the standard VAT rate.  The operation of the concession...

Written Answers — Department of Finance: Credit Union Services (23 Jan 2019)

Paschal Donohoe: As the Deputy is aware, Section 38 1(a) of the Credit Union Act 1997 prescribes that the interest on a Credit Union loan shall not at any time exceed 1% per month. This represents an APR of 12.68%. In a Credit Union Advisory Committee (CUAC) Policy Paper published in December 2017, the CUAC recommended that credit unions should be permitted to charge an interest rate on loans greater...

Written Answers — Department of Finance: Employment Investment Incentive Scheme Data (23 Jan 2019)

Paschal Donohoe: As the deputy will be aware, Finance Act 2018 changed the way in which relief under the Employment Investment Incentive is claimed for share issues on or after 1 January 2019.  For share issues prior to  1 January 2019, companies had to receive Revenue certification for each share issue before the investors could claim relief.  Prior to issuing shares, companies could apply...

Written Answers — Department of Finance: Employment Investment Incentive Scheme (23 Jan 2019)

Paschal Donohoe: Section 25 of Finance Act 2018 provides for a number of changes to the operation of the Employment Investment Incentive (“EII”) in the Taxes Consolidation Act 1997 (TCA) .  One of the changes is putting the claims on a self-assessment basis, with the company responsible for judging whether or not it meets the company conditions, and the individual investors responsible for...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (23 Jan 2019)

Paschal Donohoe: I am advised by Revenue that the issue in this case has been resolved and the person’s application for tax relief under the Scheme for Persons with Disabilities has been approved. The refund payment will issue to the person within the next five to seven working days.  The delay in approving the person’s application occurred because the PPS number provided was no longer...

Written Answers — Department of Finance: Brexit Staff (23 Jan 2019)

Paschal Donohoe: I wish to inform the Deputy that the Assistant Secretary who heads the EU and International Division of my Department is designated as the lead official in the Department for Brexit matters.  A dedicated Brexit Unit within the EU and International Division was established in July 2016 to oversee and coordinate Brexit work across the entire Department and to act as a...

Written Answers — Department of Finance: Revenue Commissioners Staff (23 Jan 2019)

Paschal Donohoe: I am advised by Revenue that they have estimated that an additional 600 staff would be required as a result of Brexit. Such staff are to be deployed on a phased basis in the period up the end of December 2020. It is estimated that approximately half will be assigned to import/export trade facilitation activities; and half to the national divisions, engaged in trade...

Written Answers — Department of Public Expenditure and Reform: Brexit Issues (23 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 81 and 83 together. On the 19 December 2018 the Government published its Contingency Action Plan which gives an overview of the comprehensive, cross-Government preparations that are underway.  Preparations will continue on the central case scenario, in which a Withdrawal Agreement is concluded between the EU and the UK.  Preparations have now...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Retirements (23 Jan 2019)

Paschal Donohoe: I refer the Deputy to my reply to PQ 1083/19 to Deputy Fiona O'Loughlin on the 15 January 2019.

Written Answers — Department of Public Expenditure and Reform: Public Expenditure Data (23 Jan 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 Public Spending Code encompasses guidance on a variety of issues related to the management of expenditure at each stage of the expenditure lifecycle. This includes central guidance on the application of appraisal and evaluation...

Written Answers — Department of Public Expenditure and Reform: Public Expenditure Data (23 Jan 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 Public Spending Code encompasses guidance on a variety of issues related to the management of expenditure at each stage of the expenditure lifecycle. This includes central guidance on the application of appraisal and evaluation...