Results 16,621-16,640 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: VAT Exemptions (29 Jan 2019)

Paschal Donohoe: Ireland avails of the following exemptions provided for under Articles 394 and 395 of the EU VAT Directive (originally under Article 27(1) to (5) of the 1977 Sixth VAT Directive): 1. The exemption of fish supplied by fishermen to taxable persons, including buyers from outside Ireland, regardless of turnover threshold. 2. The treatment of supplies of zero-rated food products as...

Written Answers — Department of Finance: Tax Yield (29 Jan 2019)

Paschal Donohoe: I am advised by Revenue that the provisional receipts from Sugar Sweetened Drinks Tax (SSDT) in 2018 are €16.5m. As this was a new tax, forecasting the level of receipts in advance was challenging, but based on the best available information was estimated at €30m. This assumed a commencement date of 1 April 2018. The subsequent 1 May commencement date impacted on the returns...

Written Answers — Department of Finance: VAT Rate Reductions (29 Jan 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. The VAT Directive provides that Member States may apply either one or two reduced rates of VAT to certain goods and services listed in Annex III of the Directive. In addition, the Directive allows for historic VAT treatment to be maintained under certain conditions on...

Written Answers — Department of Finance: Employment Investment Incentive Scheme (29 Jan 2019)

Paschal Donohoe: In my responses to Parliamentary Questions No. 69 of 22 November 2018 and No. 77 of 23 January 2019, I set out how tax underpaid by investors as a consequence of an incorrectly issued Statement of Qualification for relief under the Employment and Investment incentive may be recovered from an investee company in certain circumstances. I also advised that, in such circumstances, the company...

Written Answers — Department of Finance: Motor Industry (29 Jan 2019)

Paschal Donohoe: The large scale importation of used cars from the UK during 2016 to 2018 may be due to a number of factors such as the relative weaknesses of sterling and the disparity in policies between the UK and Ireland in relation to the taxation of diesel and diesel vehicles. My Department recognises that the large scale importation of used cars from the UK over the past number of years is...

Written Answers — Department of Finance: Mortgage Interest Rates (29 Jan 2019)

Paschal Donohoe: All mortgage or other loans which are sold or assigned to a new creditor will continue to be subject to the terms of the contract as entered into by the borrower, including the terms which provide for an adjustment to the borrowing rate. Also, the Consumer Protection (Regulation of Credit Servicing Firms) Act 2015 provides that all the consumer protections a borrower had prior to a loan...

Written Answers — Department of Finance: Insurance Costs (29 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 has the power to direct insurance companies on the pricing or provision of insurance products. Indeed, the EU framework for insurance expressly prohibits Member States from adopting rules which require insurance companies to obtain...

Written Answers — Department of Finance: Knowledge Development Box (29 Jan 2019)

Paschal Donohoe: As the Deputy will be aware, no data in respect of 2018 will be available to Revenue until the corporation tax returns for accounting years ended in 2018 are filed, processed and analysed. I am advised by Revenue that the latest available information is from Corporation Tax returns for 2016, which indicate 11 companies claimed the Knowledge Development Box with a tax cost of €9...

Written Answers — Department of Finance: Legislative Process (29 Jan 2019)

Paschal Donohoe: I set out in the following table legislation which has been sent to EU institutions for consultation purposes since 10 March 2016. The Deputy should note that some items have been consulted on after the approval by Government of the Heads, while some items will not have been consulted on until after publication of the Bill itself, as is apparent from the dates in the table. Title of...

Written Answers — Department of Finance: NAMA Operations (29 Jan 2019)

Paschal Donohoe: The Deputy will be aware that NAMA does not own or control property, rather NAMA owns loans for which the properties act as security. I am advised that the properties concerned are under the control of the court-appointed administrator of a deceased person’s estate and that NAMA is a secured creditor. The Deputy will be aware that one of the primary duties of an administrator is to...

Written Answers — Department of Finance: Carbon Tax Implementation (29 Jan 2019)

Paschal Donohoe: Decisions on tax policy take place every year as part of the annual budgetary process. The Environmental Taxes paper prepared annually for the Tax Strategy Group contains analysis on the carbon tax and this helps inform subsequent budget decisions. The Tax Strategy Group papers are available to read on the Department of Finance website. The ESRI was commissioned and has published...

Written Answers — Department of Finance: Primary Medical Certificates Eligibility (29 Jan 2019)

Paschal Donohoe: The Deputy will be aware of the medical criteria used to determine whether an applicant qualifies for a primary medical certificate (PMC). The PMC is issued by the relevant Senior Medical Officer in the HSE, or failing that an appeal may be made to the Disabled Drivers Medical Board of Appeal. I have no role in relation to the granting or refusal of PMCs and the HSE and the Medical Board of...

Written Answers — Department of Finance: EU Regulations (29 Jan 2019)

Paschal Donohoe: Commission Regulation (EU) No. 702/2014 of 25 June 2014, commonly known as the Agricultural Block Exemption Regulation (ABER), is the Regulation under which certain categories of State aid can be granted to the agricultural and forestry sectors. ABER became operational on 1 July 2014 and has had direct effect in all Member States since then. This means that the ABER rules apply directly...

Written Answers — Department of Finance: Insurance Industry (29 Jan 2019)

Paschal Donohoe: I propose to take Questions Nos. 181 and 182 together. I understand that the Deputy’s queries arise from comments made in the media recently by the Minister of State at the Department of Finance, Michael D’Arcy TD. At the outset, it is important to note that my Department does not collect the type of information being sought by the Deputy and therefore I am not in a...

Written Answers — Department of Public Expenditure and Reform: EU Funding (29 Jan 2019)

Paschal Donohoe: As the Deputy will be aware, the PEACE and INTERREG programmes are important drivers of regional development in a cross-border context, and reflect the unique and specific circumstances on the island of Ireland. Through this EU-funded cooperation, a wide range of organisations have engaged in and benefitted from a variety of cross-border and cross-community projects throughout Northern...

Written Answers — Department of Public Expenditure and Reform: Deer Culls (29 Jan 2019)

Paschal Donohoe: The Office of Public Works has a Deer Policy for the Phoenix Park which has been endorsed by both the Department of Agriculture, Food and the Marine and the School of Biology & Environmental Science at University College Dublin. This policy addresses all aspects of deer welfare and management of the deer herd in line with international best practice. The Phoenix Park team has...

Written Answers — Department of Public Expenditure and Reform: Drainage Schemes (29 Jan 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 river channel section referred to by the Deputy forms part of the River Maine Catchment Drainage Scheme for which the OPW has maintenance responsibility. Following the Deputy’s...

Written Answers — Department of Public Expenditure and Reform: Construction Costs (29 Jan 2019)

Paschal Donohoe: Inflation is a common occurrence across most sectors of an economy, including the construction sector. However, given the scale of the necessary increase in public capital investment, against the backdrop of continuing strong private sector investment, the mid-term review of the 2016-2021 Capital Plan published by DPER in September 2017 noted the potential for capacity pressures in the...

Written Answers — Department of Public Expenditure and Reform: Garda Stations (29 Jan 2019)

Paschal Donohoe: I can confirm that the Office of Public Works (OPW) received an enquiry from local Gardaí about developing the parking facilities at the Garda Station in question. A quotation for the work has been provided to Garda Estate Management (GEM) which must approve funding before the work can be scheduled by OPW for delivery. GEM has confirmed that the proposed car park remains under...

Written Answers — Department of Public Expenditure and Reform: Flood Risk Management (29 Jan 2019)

Paschal Donohoe: I am advised that local maintenance and flooding issues, such as the issue identified here at Milltown Bridge, are a matter in the first instance for each Local Authority to investigate and address, and County Councils may carry out maintenance and flood mitigation works using their own resources. The OPW operates the Minor Flood Mitigation Works and Coastal Protection Scheme to...