Results 18,041-18,060 of 32,610 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Motor Insurance (18 Sep 2018)

Paschal Donohoe: The Insurance (Amendment) Bill, was signed into law on 24 July 2018 and therefore is operational from that date. The Act provides for a separate commencement of Part 4 – Motor Insurers Insolvency Compensation Fund. The necessity for this staggered approach is to allow the Motor Insurance Bureau of Ireland, MIBI, adequate time to put arrangements in place for this new Fund. The...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (18 Sep 2018)

Paschal Donohoe: I am advised by Revenue that Statutory Instrument No. 353 of 1994, Disabled Drivers and Disabled Passengers (Tax Concessions) Regulations, 1994, as amended by Statutory Instrument No. 55 of 2018, sets out the requirements for an organisation to qualify for a repayment of Vehicle Registration Tax and VAT under the Disabled Drivers scheme. Regulation 2 provides that a qualifying organisation...

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

Paschal Donohoe: On 5 September, I published Ireland’s Corporation Tax Roadmap, available on my Department’s website via the following link:. This roadmap takes stock of the changing international tax environment, outlines the actions Ireland has taken to date and the further actions that will be taken over the coming years to ensure that our corporation tax code is line with international best...

Written Answers — Department of Finance: Hospital Consultant Contracts (18 Sep 2018)

Paschal Donohoe: I can advise the Deputy that the settlement results in a payment of €31 million in relation to 2018 and an annual ongoing cost of €62 million from 1 January 2019. Therefore the incremental cost in 2019 is the increase of €31 million, €62 million minus €31 million, in 2019 over 2018. There is no effect thereafter as it will be in the expenditure base. As I...

Written Answers — Department of Finance: Tax Credits (18 Sep 2018)

Paschal Donohoe: I assume the Deputy is referring to the rent tax credit, which was a credit available to those paying for private rented accommodation. This included rent paid for flats, apartments or houses. It did not include rent paid to local authorities. The credit was only available to a person who was renting on 7 December 2010 and ceased to be available after 31 December 2017. As the Deputy may be...

Written Answers — Department of Finance: Home Renovation Incentive Scheme (18 Sep 2018)

Paschal Donohoe: In accordance with the relevant provisions of the Taxes Consolidation Act 1997, the Home Renovation Incentive is due to expire at the end of this year. As with all such time limited incentives, I will consider the future of this measure in the context of my preparations for the forthcoming Finance Bill. As part of that work, my officials are carrying out the appropriate ex-post evaluation of...

Written Answers — Department of Finance: Tax Clearance Certificates (18 Sep 2018)

Paschal Donohoe: I am advised by Revenue that an application for tax clearance was made by the person concerned on 7 March 2018 but as there was and remains an outstanding Capital Acquisitions Tax Return, CAT IT 38, and any payment, if due, for the period 1 September 2016 to 31 August 2017, it was not possible to provide tax clearance and they were advised accordingly. The person concerned should file...

Written Answers — Department of Finance: Tax Code (18 Sep 2018)

Paschal Donohoe: The Value-Added Tax (Refund of Tax) (No. 15) Order, 1981 enables VAT paid on qualifying goods, such as aids and appliances constructed or adapted for use by a disabled person, to be refunded where the goods are purchased for the exclusive use of disabled persons suffering a specified degree of disablement. Motor vehicles are excluded from this Order because the qualifying provisions for the...

Written Answers — Department of Finance: Tax Reliefs Eligibility (18 Sep 2018)

Paschal Donohoe: Section 472AA of the Taxes Consolidation Act (TCA) 1997 affords tax relief to people who set up a new business after 12 months of unemployment. New business in the context of the legislation is defined as a trade or profession which is set up and started by a between 25 October 2013 and 31 December 2018. The relief does not apply in circumstances where a trade or profession was previously...

Written Answers — Department of Finance: Tax Settlements (18 Sep 2018)

Paschal Donohoe: I am advised by Revenue that it is involved in discussions with the person in question and their tax advisor in relation to a number of issues that still require clarification. Once the outstanding issues are fully resolved it will be possible for Revenue to further review the 35% RCT rate. Revenue has also advised me that it is not aware of any Appeal awaiting determination in respect of the...

Written Answers — Department of Finance: EU Directives (18 Sep 2018)

Paschal Donohoe: The Deputy will be aware that on 21 March 2018 the European Commission published two proposed Directives which seek to tax certain digital activities differently within the EU. The first, an ‘interim’ solution for a 3% levy on turnover from certain digital service activities. The second, ‘comprehensive solution’ requires an overhaul of international taxation,...

Written Answers — Department of Finance: Property Tax Review (18 Sep 2018)

Paschal Donohoe: My Department is currently finalising the review of the LPT in conjunction with the Departments of Public Expenditure and Reform, Housing Planning and Local Government, the Taoiseach and the Revenue Commissioners. The review has included a consultation process to enable all interested parties and individuals including local authorities to submit their views on the future of the LPT.

Written Answers — Department of Finance: VAT Yield (18 Sep 2018)

Paschal Donohoe: The sale and leasing of residential property is treated differently for VAT purposes under Irish and EU VAT law. The EU VAT Directive 2006, with which Irish VAT law must comply, provides that residential property must be charged to VAT while residential leases must be exempt from VAT. In this context, build-to-rent developments are exempt from VAT. While the sale of residential property...

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

Paschal Donohoe: As the Deputy will be aware, Foreign Direct Investment has been a key contributor to Ireland’s economic development and growth. It has provided rewarding employment for over 300,000 people directly and a transformation of the enterprise base in Ireland. Changes in the US tax system are very relevant for Ireland given the large volume of US investment in Ireland. My officials in...

Written Answers — Department of Finance: Tax Exemptions (18 Sep 2018)

Paschal Donohoe: Sugar Sweetened Drinks Tax (SSDT) is provided for by Chapter 2 of Part 1 of the Finance Act 2017. The tax commenced on 1 May 2018 and applies to first supplies in the State of SSDs. SSDs are water and juice based drinks, in ready to consume or concentrated form, that contain added sugar and have a total sugar content of 5 grams or more per 100 millilitres in their ready to consume form. ...

Written Answers — Department of Finance: Tax Credits (18 Sep 2018)

Paschal Donohoe: I am advised by Revenue that the person in question recently had their tax credits reduced to take account of taxable Illness Benefit and Contributory State Pension payments provided to their spouse by the Department of Employment and Social Protection (DEASP). These payments were awarded after the person had received their original 2018 tax credit certificate. It was subsequently...

Written Answers — Department of Finance: Revenue Commissioners Resources (18 Sep 2018)

Paschal Donohoe: I am advised by Revenue that they currently operate a complement of 23 Detection Dog Teams, each consisting of one detection dog with a trained handler. This number is due to increase to 25 by the end of 2018 and reflects operational requirements. I am advised by Revenue that it continuously reviews detection dog requirements having regard to risk assessments and operational needs. The...

Written Answers — Department of Finance: Company Law (18 Sep 2018)

Paschal Donohoe: The company referenced by the Deputy is a private limited company and is not a regulated financial services provider, therefore it is outside the regulatory remit of the Central Bank of Ireland. For the same reason, it is outside my remit as Minister.

Written Answers — Department of Public Expenditure and Reform: Office of Public Works Projects (18 Sep 2018)

Paschal Donohoe: Engineering consultant tenders were received on 10 September 2018. They are presently being assessed. Planning application is due to be lodged in Quarter 4 2018. Construction tender documents will be issued in Q 2 2019. On-site work should commence in Quarter 4 2019.

Written Answers — Department of Public Expenditure and Reform: Forensic Science Ireland Laboratory (18 Sep 2018)

Paschal Donohoe: The Main Building Contractors for this project have already been shortlisted. The closing date of 7 September 2018 was the return date for ‘submissions of interest’ for the specialist mechanical, electrical and clean room element of the works to the new Forensic Science Laboratory at Backweston. Six submissions were received from contractors by the 7 September 2018 deadline and...