Results 16,981-17,000 of 32,602 for speaker:Paschal Donohoe

Written Answers — Department of Public Expenditure and Reform: Estimates Process (27 Nov 2018)

Paschal Donohoe: Due to the scale of Government expenditure and the cash basis of Government accounting, the need for Supplementary Estimates can arise for a number of reasons, including policy decisions, timing issues and overspends. The position in relation to Supplementary Estimates takes into account the most up to date trends in Departmental expenditure and receipts. Last week, Supplementary Estimates...

Written Answers — Department of Public Expenditure and Reform: Brexit Issues (27 Nov 2018)

Paschal Donohoe: Budget 2019 contains specific measures to ensure that Ireland is in the best possible position to respond to the challenges - and indeed the opportunities - that Brexit will bring. Increased resources of €25 million has been provided across a range of Departments and Offices based on a Brexit central case scenario, where there will be a transition period until 31 December...

Written Answers — Department of Public Expenditure and Reform: Fiscal Policy (27 Nov 2018)

Paschal Donohoe: Ensuring our social and economic priorities are met depends on sound public finances and sustainable economic growth. To this end, the expenditure strategy for Budget 2019 is based on providing steady increases in public expenditure, which are underpinned by stable and predictable tax measures.  This requires a focus on affordable and sustainable improvements in services as well as...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Recruitment (27 Nov 2018)

Paschal Donohoe: As the Deputy will be aware, in general, selection competitions within the Civil Service take place by way of; - competitions confined to particular Offices/Departments (Internal promotion) or - from competitions open to candidates from all Offices/Departments (Interdepartmental promotion) or - from open competitions to all eligible candidates including members of the public...

Written Answers — Department of Public Expenditure and Reform: Public Service Pay Commission (27 Nov 2018)

Paschal Donohoe: “The Terms of Reference for the work of the Public Service Pay Commission are published at and I have no plans to review those Terms of Reference. “

Written Answers — Department of Public Expenditure and Reform: Freedom of Information Legislation (27 Nov 2018)

Paschal Donohoe: The 2014 Act was the product of a very extensive process of review, involving FOI users, academics and transparency advocates, as well as representatives of public bodies.  These findings informed all aspects of the approach taken in the Act, as well the Code of Practice issued under the legislation, which sought to bring about greater efficiency, consistency and promote best practice in...

Written Answers — Department of Finance: National Development Plan Expenditure (27 Nov 2018)

Paschal Donohoe: The general government balance figure in Table 8 of the Economic and Fiscal Outlook, published in Budget 2019, takes into account capital allocations as outlined in the National Development Plan. The National Development Plan, including social housing construction commitments, forms the basis for the voted capital allocations outlined in Table 8. Thereafter, the general government gross fixed...

Written Answers — Department of Finance: Tax Code (27 Nov 2018)

Paschal Donohoe: As I said in my Budget speech, it is the Government’s position that workers start to pay too high a rate of income tax at too low an income level. We cannot hope to remain competitive if someone on a relatively low income and who decides to work a few hours overtime has nearly half that extra money taken in tax. Therefore, in Budget 2019 I have once again increased the entry point to...

Written Answers — Department of Finance: Banking Operations (27 Nov 2018)

Paschal Donohoe: As the Deputy is aware, I have no role in the day to day commercial operations of any bank in which the State has a shareholding and therefore the information which the deputy requests is not held within my department.

Written Answers — Department of Finance: Imports and Exports Data (27 Nov 2018)

Paschal Donohoe: Primary responsibility for the accuracy, compilation and publication of trade statistics rests with the Central Statistics Office (CSO) and the Revenue Commissioners has no authority to divulge the information it collects (on behalf of the CSO) to any third party. This remains the case even in situations where a trader provides incorrect information. In this regard, the Deputy will...

Written Answers — Department of Finance: Betting Regulations (27 Nov 2018)

Paschal Donohoe: As announced in the Budget I have increased the rate of betting duty from 1 per cent to 2 per cent for all bookmakers and the rate of betting intermediary duty from 15 per cent to 25 per cent on the commission earned for betting intermediaries. These measures will take effect from 1 January 2019. All receipts from betting duty go to the Exchequer. The rate of betting duty at 1 per cent...

Written Answers — Department of Finance: Tax Collection (27 Nov 2018)

Paschal Donohoe: I am advised by Revenue that in the case at hand, it appears from the information provided so far that tax may have been deducted from this taxpayer’s pension in the United Kingdom in contravention of the Double Taxation Convention (“the Convention”) between Ireland and the United Kingdom of 1976. Double Taxation Conventions allocate taxing rights between Contracting...

Written Answers — Department of Finance: Childcare Services Data (27 Nov 2018)

Paschal Donohoe: I propose to take Questions Nos. 149 to 151, inclusive, and 165 together. I am advised by Revenue that Benefit-In-Kind is declared on tax returns as a total figure rather than by individual benefit type. Therefore, there is no basis available to separately compile the numbers of employees availing of childcare as a Benefit in Kind, or the number of employers providing childcare as a Benefit...

Written Answers — Department of Finance: Mortgage Lending (27 Nov 2018)

Paschal Donohoe: The Central Bank mortgage lending measures are now in place as a permanent feature of the market and are operating in line with their stated objectives of enhancing the resilience of banks and borrowers to future shocks and reducing the risk of credit - house price spirals from developing. The Central Bank introduced proportionate limits specifically to allow flexibility by lenders when...

Written Answers — Department of Finance: Tax Data (27 Nov 2018)

Paschal Donohoe: I am advised by Revenue that to calculate a combined cost for the proposals described by the Deputy, it is necessary to base all costs and calculations on 2016 tax return data. An exercise was undertaken on 2016 data to break down the gross incomes of taxpayer units to an individualised level and a manual estimation process (outside of Revenue’s usual tax modelling software) was...

Written Answers — Department of Finance: Tax Data (27 Nov 2018)

Paschal Donohoe: As part of Ireland’s commitment to ongoing corporate tax reform, including the implementation of the Anti-Tax Avoidance Directives (ATAD), Finance Bill 2018 introduced a new ATAD-compliant exit tax regime with effect from Budget night. The ATAD exit tax regime will apply a charge to tax at 12.5% on certain unrealised capital gains where companies migrate or transfer assets...

Written Answers — Department of Finance: Tax Code (27 Nov 2018)

Paschal Donohoe: It is assumed that the scope and design of the Digital Services Tax (“DST”) to which the Deputy refers would mirror those of the European Commission’s initial DST proposal. The Commission, in an impact assessment of its proposed DST – which applies at a 3% rate – estimated that the measure would yield approximately €5 billion per annum across all EU...

Written Answers — Department of Finance: Recycling Policy (27 Nov 2018)

Paschal Donohoe: I propose to take Questions Nos. 156 and 157 together. I am informed that the information available to the Office of the Revenue Commissioners from tax returns or other sources does not provide detail on numbers of single use cups or the recyclable content of packaging. Accordingly, the revenue raising estimations requested by the Deputy cannot be provided by Revenue.

Written Answers — Department of Finance: Tax Reliefs Data (27 Nov 2018)

Paschal Donohoe: I am informed by Revenue that the estimated savings to the Exchequer that would arise as a result of decreasing the rate or ceiling for occupational pension schemes, RACs and PRSAs to 20% is outlined on page 11 of the Revenue Ready Reckoner, at . Based on these estimates, standardizing the relief at 20% and maintaining the current €115,000 ceiling would yield €319m.

Written Answers — Department of Finance: Tax Code (27 Nov 2018)

Paschal Donohoe: I am advised by Revenue that the estimated cost of equalising the Earned Income Credit with the PAYE credit would be €72 million in a full year. The estimated costs for increases to the Earned Income Credit are available on page 6 of the Revenue Ready Reckoner which is available on the Revenue website: .