Results 17,181-17,200 of 32,610 for speaker:Paschal Donohoe

Finance Bill 2018: Report Stage (20 Nov 2018)

Paschal Donohoe: I thank Deputy Boyd Barrett. I am aware of his long-standing interests in the rights of those working in the film industry and I have taken on board some of the points he made, as I indicated I would on Committee Stage. I offered some views and he made a point on the numbers of people working in the industry. They might have come from me.

Finance Bill 2018: Report Stage (20 Nov 2018)

Paschal Donohoe: I am committed to ensuring the different schemes in place deliver what they should. It is important we take that approach. As the Deputy will be aware, the training issue is intrinsically linked with the film tax credit. Some of the amendments I am introducing to the film tax credit for this year are a first step in addressing some of the matters raised. The splitting of the certification...

Finance Bill 2018: Report Stage (20 Nov 2018)

Paschal Donohoe: I thank the Deputies for the different points they raised, which I will address in turn. Deputy McGrath asked how many individuals have incomes above a certain level. That information is not available in the report but I will see whether, in the context of this debate, I can get that information for the Deputy. As to why I am changing the scheme for new participants but keeping it in place...

Finance Bill 2018: Report Stage (20 Nov 2018)

Paschal Donohoe: I thank all of the Deputies for the points they made. I am mindful of Deputy O'Brien's point about the degree to which the cost of this scheme has increased. That is one of the reasons we will have a review of the operation of the scheme next year. When I was presented with the figures on the operation of the scheme for the most recent year I decided on the grounds of tax equity that it...

Finance Bill 2018: Report Stage (20 Nov 2018)

Paschal Donohoe: I move amendment No. 3:In page 11, line 36, to delete “and” and substitute the following:“(v) notwithstanding subparagraph (ii), where—(I) a car made available to an employee during the period 1 January 2019 to 31 December 2020 is an electric vehicle, (II) the original market value of the car exceeds €50,000, and (III) the car was first made available to...

Finance Bill 2018: Report Stage (20 Nov 2018)

Paschal Donohoe: I move amendment No. 4:In page 11, line 37, to delete “(v) where a car” and substitute “(vi) where a car”.

Finance Bill 2018: Report Stage (20 Nov 2018)

Paschal Donohoe: I move amendment No. 7:In page 12, line 15, to delete “and” and substitute the following:“(v) notwithstanding subparagraph (ii), where—(I) a van made available to an employee during the period 1 January 2019 to 31 December 2020 is an electric vehicle, (II) the original market value of the van exceeds €50,000, and (III) the van was first made available to...

Finance Bill 2018: Report Stage (20 Nov 2018)

Paschal Donohoe: I move amendment No. 8:In page 12, line 16, to delete “(v) where a van” and substitute “(vi) where a van”.

Finance Bill 2018: Report Stage (20 Nov 2018)

Paschal Donohoe: I move amendment No. 11:In page 18, between lines 35 and 36, to insert the following:“Amendment of section 825C of Principal Act (special assignee relief programme) 15.Section 825C of the Principal Act is amended—(a) in subsection (2A)(e), by substituting “within 90 days” for “within 30 days”, and (b) in subsection (2B)(b)(i), by substituting for...

Finance Bill 2018: Report Stage (20 Nov 2018)

Paschal Donohoe: I will deal with the two points which have been put to me. On the point Deputy Boyd Barrett put to me in respect of the effective tax rates for people on middle incomes, I have those figures. For a person on €35,000, the effective tax rate is 12.4%. For a person on €45,000, it goes up to 16%. They are the effective tax rate figures for people on those levels of income. Of...

Finance Bill 2018: Report Stage (20 Nov 2018)

Paschal Donohoe: I will open with a few facts and figures to show the way the tax code is structured and then talk about the effective tax rate citizens on differing levels of income face. I will use the hypothetical example of a married couple on one income with no children, although this point will stand for all citizens in different circumstances. A married couple with a single income of...

Finance Bill 2018: Order for Report Stage (20 Nov 2018)

Paschal Donohoe: I move: "That Report Stage be taken now."

Written Answers — Department of Finance: Tax Reliefs Availability (20 Nov 2018)

Paschal Donohoe: I am informed by Revenue that tax relief in respect of health expenses is provided for in section 469 of the Taxes Consolidation Act 1997. Section 469 defines “health expenses” as “expenses in respect of the provision of health care including the services of a practitioner”. A practitioner is defined in the section as “any person who is: 1. registered in...

Written Answers — Department of Finance: Legislative Programme (20 Nov 2018)

Paschal Donohoe: There are two measures awaiting State Aid approval, both are contained within Finance Bill 2018. Section 24 of Finance Bill 2018, as initiated, gives effect to the Budget announcement providing for a four-year extension to the film tax credit provided in section 481 of the Taxes Consolidation Act 1997, from the current end date of December 2020 to December 2024. The section also...

Written Answers — Department of Finance: Revenue Commissioners (20 Nov 2018)

Paschal Donohoe:  As set out in my reply to Parliamentary Question 45247-18, Revenue launched a new telephony platform on 26 September 2018. The platform facilitates phone calls using standard telephone numbers, including 01 numbers, that do not incur the range of charges currently applied by service providers to 1890 calls. Revenue has confirmed that the new service already includes an employee...

Written Answers — Department of Finance: Property Tax Exemptions (20 Nov 2018)

Paschal Donohoe: Local Property Tax (LPT) is a self-assessed tax that is chargeable on a building, or a part of a building, that is in use, or suitable for use, as a domestic dwelling. In situations where a property is used for both commercial and residential purposes, LPT is chargeable on the latter (residential) portion only. However, properties with a residential element that...

Written Answers — Department of Finance: Tax Reliefs Availability (20 Nov 2018)

Paschal Donohoe: I am very much aware of the important contribution that football can make in developing young adults; a role that will also help in strengthening the social fabric of our country. As the Deputy will be aware, the Government recently approved a National Sports Policy 2018-2027 brought forward by the Minister for Transport, Tourism and Sport.  Any developments along the lines of...

Written Answers — Department of Finance: Home Renovation Incentive Scheme (20 Nov 2018)

Paschal Donohoe: S477B of the Taxes Consolidation Act 1997, the Home Renovation Incentive (HRI), contains a sunset clause for 31 December 2018. I do not propose that the incentive be extended beyond this date. The incentive was introduced in Budget 2014, at a time when there was considerable loss of employment within the construction sector, with the aim of stimulating increased activity and...

Written Answers — Department of Finance: Property Tax Deferrals (20 Nov 2018)

Paschal Donohoe: I understand that the Deputy has clarified that her question refers to the status of LPT deferrals that are currently in place post the next LPT revaluation date (01 November 2019) . It is a condition of any deferral that, if a claimant’s circumstances change, Revenue must be notified.  A change of circumstances may result in the deferral being terminated in respect of future LPT....

Written Answers — Department of Finance: Code of Conduct on Mortgage Arrears Breaches (20 Nov 2018)

Paschal Donohoe: The Central Bank assures me that it assertively supervises compliance with the requirements of the Code of Conduct on Mortgage Arrears (CCMA) and it will continue to do so. No firm has been sanctioned for a breach of the CCMA to date. However, in 2015, the Central Bank conducted a themed inspection of lenders’ compliance with the CCMA. The purpose of the inspection was to examine...