Results 17,521-17,540 of 33,392 for speaker:Paschal Donohoe

Written Answers — Department of Finance: VAT Exemptions (18 Dec 2018)

Paschal Donohoe: The VAT Compensation Scheme for Charities has effect from 1 January 2018 but will be paid one year in arrears - in 2019, charities will be able to submit claims in respect of the VAT paid in 2018. To benefit from the scheme, a sports club must be registered with the Revenue Commissioners, hold a charitable tax exemption (CHY) under Section 207 Taxes Consolidation Act (TCA) 1997 and be...

Written Answers — Department of Finance: Tax Deduction Systems (18 Dec 2018)

Paschal Donohoe: I am advised by Revenue that the P60 and P45 forms are important components of the current PAYE system. The P60 is a statement of the employee’s earnings and statutory deductions for a year while the P45 sets out earnings and statutory deductions when an employment is ceased. With effect from 1 January 2019 the administration of PAYE is undergoing significant change with the move to...

Written Answers — Department of Finance: Vehicle Registration (18 Dec 2018)

Paschal Donohoe: I am informed by Revenue that all vehicles are registered under the provisions of Part II, Chapter IV, Finance Act 1992. Registrations are carried out based on the documentation presented at the time of registration. This documentation includes the EU Classification of the vehicle and, depending on this classification, a vehicle is categorised as a VRT Category A (passenger cars and certain...

Written Answers — Department of Finance: Stamp Duty (18 Dec 2018)

Paschal Donohoe: I am advised by Revenue that a Ready Reckoner providing estimated impacts for potential changes to a wide range of taxes and duties is available at www.revenue.ie/en/corporate/documents/statistics/ready-recko ner.pdf. Regarding your query on stamp duty, the Ready Reckoner provides the estimated impact of increasing the rate of Stamp Duty on the excess of considerations on residential...

Written Answers — Department of Finance: Universal Social Charge Yield (18 Dec 2018)

Paschal Donohoe: I am advised by Revenue that a Ready Reckoner providing estimated impacts for potential changes to a wide range of taxes and duties is available at www.revenue.ie/en/corporate/information-about-revenue/statis tics/ready-reckoner/index.aspx. The Ready Reckoner provides, on page 5, the estimated yield associated with changes to the USC rates outlined by the Deputy in her question. The measure...

Written Answers — Department of Finance: Tax Reliefs Costs (18 Dec 2018)

Paschal Donohoe: I am advised by Revenue that a Ready Reckoner providing estimated impacts for potential changes to a wide range of taxes and duties is available at . Page 11 of the Ready Reckoner presents an estimate of the yield that would arise from reducing the earnings cap for pension contributions in the manner outlined by the Deputy. According to this data, the estimated yield that would be generated...

Written Answers — Department of Finance: Living City Initiative (18 Dec 2018)

Paschal Donohoe: As the Deputy is aware, in order to qualify for tax relief under the Living City Initiative, a property must be located wholly within a “special regeneration area”. This condition is provided for by s. 372AAB (1) of the Taxes Consolidation Act 1997 which provides as follows: "qualifying premises' means a relevant house - (a) the site of which is wholly within a special...

Written Answers — Department of Finance: Brexit Issues (18 Dec 2018)

Paschal Donohoe: The rules governing the European Value Added Tax System for goods and services are contained within the VAT Directive (Council 2006/112/EC). Following the departure of the United Kingdom, the collection of indirect tax revenues on United Kingdom trade would change from operating within current EU legislative frameworks to those that are in place for ‘third countries’. Post...

Written Answers — Department of Finance: Corporation Tax Regime (18 Dec 2018)

Paschal Donohoe: As the Deputy will be aware, the structure of the Irish corporation tax regime corresponds to international norms. A company that is resident in the State is taxed on its worldwide income while a company that is not resident in the State, but which carries on a trade in the State through a branch or agency in the State, is taxed on its trading income arising from the branch or agency. The...

Written Answers — Department of Finance: Corporation Tax Regime (18 Dec 2018)

Paschal Donohoe: I am aware that, in the context of references to the so-called single maltstructure, it has been suggested equivalent structures could be established using Irish-registered companies tax resident in the United Arab Emirates (UAE). However, I am advised by Revenue that, by virtue of paragraph 2 of the Protocol to the Ireland-UAE Double Taxation Convention, a structure of that type could only...

Written Answers — Department of Finance: EU Budget Contribution (18 Dec 2018)

Paschal Donohoe: EU budget payments and public sector receipt data are published annually on the Department of Finance’s website in the Budget Statistics publication. The public sector receipt measure captures funds under 'shared management' between national and EU authorities. In addition, the EU also pays some additional receipts directly to private beneficiaries under 'centralised direct...

Written Answers — Department of Finance: Mortgage Book Sales (18 Dec 2018)

Paschal Donohoe: I propose to take Questions Nos. 161 and 162 together. In answering the Deputy's questions, I have assumed that she is referring to the recent securitisation of a portfolio of NPLs announced by PTSB - Project Glenbeigh. The Deputy will be aware that the reduction in the level of non performing loans (NPLs) across European banks is a major priority for the banking regulator, the SSM. The Irish...

Written Answers — Department of Finance: Ministerial Meetings (18 Dec 2018)

Paschal Donohoe: I travelled to the United States on Monday 10 December for a programme of high level meetings in Washington DC. The main objective of the visit was to engage at the highest levels of the US Administration, as well as with senior members of Congress, on vital issues for Ireland, such as, the strong economic links between Ireland and the US, transatlantic relations, international trade, and a...

Written Answers — Department of Finance: Code of Practice on the Transfer of Mortgages (18 Dec 2018)

Paschal Donohoe: I propose to take Questions Nos. 164 and 165 together. The Central Bank is empowered to impose codes of conduct under Section 117 of the Central Bank Act 1989. Such codes of conduct are required to be complied with by the regulated entities to whom they take effect as a matter of law. This means that the Central Bank can take action against a regulated entity which does not comply with a code...

Written Answers — Department of Finance: Special Savings Incentive Scheme (18 Dec 2018)

Paschal Donohoe: I can advise the Deputy that I have no plans to introduce a SSIA type of saving product at this time.

Written Answers — Department of Public Expenditure and Reform: Garda Station Refurbishment (18 Dec 2018)

Paschal Donohoe: The Office of Public Works is currently finalising the "Planning Stage" for the new Bailieborough Garda Station. It is expected that this Part 9 Planning Application phase will be concluded very shortly. It is not possible at this stage to be definitive about a completion date for the new Station. Work will soon be progressed on the preparation of tender documentation to enable the public...

Written Answers — Department of Public Expenditure and Reform: Brexit Issues (18 Dec 2018)

Paschal Donohoe: I propose to take Questions Nos. 168 and 169 together. The Office of Public Works, on behalf of the Minister for Public Expenditure and Reform, has been engaged in extensive discussions with the Revenue Commissioners, the Department of Agriculture, Food and the Marine, the Department of Health and the Department of Transport in order to assess the requirements for additional inspection...

Written Answers — Department of Public Expenditure and Reform: Garda Station Closures (18 Dec 2018)

Paschal Donohoe: The 2012 and 2013 policing plans for An Garda Síochána identified 139 Garda stations for closure including the former Garda Station at Moyvane. Many of these properties reverted to the Office of Public Works (OPW) to identify an alternative State use or manage their disposal. In 2016, An Garda Síochána/Policing Authority undertook a review of the closed Garda...

Written Answers — Department of Public Expenditure and Reform: Redundancy Payments (18 Dec 2018)

Paschal Donohoe: The Department of Public Expenditure and Reform and the Public Services Committee of ICTU agreed under the Public Service Agreement 2010 – 2014 that, inter alia, with effect from 1 June 2012 in the case of redundancy in the public service, any ex gratiapayment will amount to no more than 3 weeks' pay per year of service, subject to the total statutory redundancy and ex gratia payment...

Written Answers — Department of Public Expenditure and Reform: Trade Union Recognition (18 Dec 2018)

Paschal Donohoe: The Civil Service Conciliation & Arbitration Scheme (C&A Scheme) is the formal structure for the conduct of industrial relations in the civil service and the scheme is administered by my Department. Under the provisions of the C&A Scheme the Minister for Public Expenditure and Reform may consider applications from any union or association seeking recognition under the Scheme...