Results 16,421-16,440 of 32,602 for speaker:Paschal Donohoe

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

Paschal Donohoe: The Central Economic and Evaluation Unit (CEEU) became part of the Department of Public Expenditure and Reform during 2011.  At the end of 2011, there was one Principal Officer, five Assistant Principals, a Higher Executive Officer, an Executive Officer, a Services Officer and a Clerical Officer in the CEEU.  The Irish Government Economic and Evaluation Service...

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

Paschal Donohoe: Budget 2019 includes specific measures aimed at continuing our comprehensive domestic response to the impact of Brexit across Government.  This included €4 million for the recruitment on a phased basis of additional staff to implement necessary measures including in the areas of customs, SPS and food safety controls. Within my own Department Brexit issues are...

Written Answers — Department of Finance: NAMA Social Housing Provision (22 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 108 to 111, inclusive, together. I am advised by NAMA that it no longer has any involvement with the Player Wills site. The loans attaching to the site were fully repaid at par value by the borrower in late December 2018 and NAMA accordingly was obliged to release its legal charge over the site. It is important to note that NAMA does not own or...

Written Answers — Department of Finance: Tax Yield (22 Jan 2019)

Paschal Donohoe: Finance (No. 2) Act 2008 facilitated the introduction of a car parking levy in urban areas. The enabling of the measure would require a Ministerial Order. Such an Order has not been made to date and consequently there has been no revenue collected nor any employees levied.

Written Answers — Department of Finance: Tax Code (22 Jan 2019)

Paschal Donohoe: As outlined in my reply to Parliamentary Questions 139, 140 and 147 of 11 December 2018, the Deputy will be aware that the administration of the tax code is a matter for Revenue. The Deputy will also be aware that, in accordance with S851A of the Taxes Consolidation Act 1997 Revenue does not comment on the tax affairs of individual taxpayers. The position in tax law is that where an...

Written Answers — Department of Finance: Strategic Banking Corporation of Ireland Data (22 Jan 2019)

Paschal Donohoe: The Strategic Banking Corporation of Ireland (SBCI) is Ireland’s national promotional institution. The purpose of the SBCI is to deliver effective financial supports to Irish SMEs that address failures in the Irish SME finance market as well as encouraging and promoting competition and innovation, and the efficient and effective use of EU resources and financial instruments. The SBCI...

Written Answers — Department of Finance: Strategic Banking Corporation of Ireland (22 Jan 2019)

Paschal Donohoe: The Strategic Banking Corporation of Ireland, known as the SBCI, has been Ireland’s national promotional institution since it was established in September 2014. The SBCI’s role as a national promotional institution is to focus is delivering effective financial supports to Irish SMEs, facilitating the availability of appropriate and flexible finance to Irish small businesses, and...

Written Answers — Department of Finance: Tax Data (22 Jan 2019)

Paschal Donohoe: I am advised by Revenue that interest on late payment statistics are collated on the basis of interest charges paid and not on the number of SMEs charged.  A total of 14,244 taxpayers paid interest amounting to €33.37m in 2017 in respect of the late payment of Income Tax, including interest charged as part of audit settlements. The current rate of interest in respect of late...

Written Answers — Department of Finance: VAT Rate Application (22 Jan 2019)

Paschal Donohoe: Under the VAT Consolidation Act 2010, the standard rate of VAT applies to all food supplements, which are not foods in the ordinary and everyday meaning of the word.  A long-standing concession provided for in Revenue Commissioners guidance permitted the zero rating of certain types of food supplements (vitamins, minerals and fish oils).  New guidance was published on...

Written Answers — Department of Finance: Excise Duties (22 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 118 and 143 together. EU Directive 92/83/EEC deals with the harmonization of the structures of excise duties on alcohol and other alcoholic beverages.  This Directive provides that Member States may apply reduced rates of excise for small beer producers and also for small distilleries (spirit drinks producers). Ireland has exercised the...

Written Answers — Department of Finance: Tax Code (22 Jan 2019)

Paschal Donohoe: Section 195 of the Taxes Consolidation Act 1997 provides for the exemption of certain earnings of writers, composers and artists and allows the Revenue Commissioners to make determinations in respect of artistic works in the following categories only: 1. a book or other writing 2. a play 3. a musical composition 4. a painting or other like picture 5. a sculpture Guidelines were...

Written Answers — Department of Finance: Tax Code (22 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 120 and 121 together. The Irish Income Tax code has many favourable provisions relating to the tax treatment of widowed persons and, in particular, widowed parents. In the year of bereavement, a widowed person is entitled to the same personal tax credits as a married couple.  A widowed parent tax credit is then available to a widowed person with...

Written Answers — Department of Finance: Brexit Issues (22 Jan 2019)

Paschal Donohoe: The continued free-flow of trade through our ports and airports is a key priority for the Government. Revenue have undertaken and continue to undertake significant preparations to facilitate this post-Brexit. During 2018, Revenue chaired an Inter-Departmental group which was established to consider the adequacy of port and airport infrastructure and facilities, post-Brexit. The group...

Written Answers — Department of Finance: Ireland Strategic Investment Fund Investments (22 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 123 to 126, inclusive, together. I am informed by the Ireland Strategic Investment Fund (ISIF) that the Fund information for 31 December 2018 is not yet available, however preliminary information will be published no later than 1 February 2019. In the interim, please find as follows the requested information for 30 June 2018. The assets in the ISIF...

Written Answers — Department of Finance: Departmental Expenditure (22 Jan 2019)

Paschal Donohoe: In response to the Deputy’s question, my Department spent €318,000 on airline costs in 2018.  An amount of €136,000 of these costs is recoupable in respect of meetings run by the Council of the European Union and other bodies such as the European Commission. The above figures are rounded to the nearest €100.

Written Answers — Department of Finance: Departmental Expenditure (22 Jan 2019)

Paschal Donohoe: In response to the Deputy’s question, my Department spent €8,100 on newspapers in 2018. In addition, my Department holds a number of corporate licenses giving online access to publications such as the Irish Times, Financial Times and New York Times which cost €25,600 in 2018. The above figures are rounded to the nearest €100.

Written Answers — Department of Finance: Insurance Coverage (22 Jan 2019)

Paschal Donohoe: At the outset I would like to say that as Minister for Finance, I am responsible for the development of the legal framework governing financial regulation, and have no role in the day to day supervision of insurance companies . The provision of insurance cover and the price at which it is offered is a commercial matter for insurance companies and is based on an assessment of the risks they...

Written Answers — Department of Finance: Brexit Issues (22 Jan 2019)

Paschal Donohoe: I am advised by Revenue that while Customs legislation and procedures are applied and executed by the Member State’s (MS) Customs authorities acting in their own capacity, Customs is the sole competence of the EU. The Union Customs Code (UCC) which came into force on 1 May 2016 is the legal framework for Customs and this sets out the customs procedures across the EU. Revenue...

Written Answers — Department of Finance: Stamp Duty (22 Jan 2019)

Paschal Donohoe: I am advised by Revenue that receipts from Stamp Duty on non-residential property in the years 2015 to 2017 are as provided in the table. Year Stamp Duty on non-residential property 2015 €178 m 2016 €256 m 2017 €206 mThe latest Revenue figures show that just over €489 million was collected under this heading in 2018.  In the year to end-December 2018,...

Written Answers — Department of Finance: Departmental Communications (22 Jan 2019)

Paschal Donohoe: I wish to clarify for the Deputy that the recent guidance note on 'Transfers of Banking Business under Part III of the Central Bank Act 1971' published by my Department does not in any way change the requirements in relation to seeking the approval of the Minister for Finance as set out in the Central Bank Act 1971 (as amended). Rather this guidance note is intended to bring clarity to this...