Results 18,661-18,680 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Public Expenditure and Reform: Data Sharing Arrangements (11 Jul 2018)

Paschal Donohoe: The Data Sharing and Governance Bill was published on 8 June 2018 and is currently at Report Stage in the Seanad. The purpose of the Bill is to promote and encourage data sharing between public bodies by providing a statutory framework for data sharing for legitimate and clearly specified purposes that are compliant with data protection law; and to improve the protection of...

Written Answers — Department of Finance: Financial Services Regulation (10 Jul 2018)

Paschal Donohoe: I propose to take Questions Nos. 163 and 164 together. It was not possible to compile the information sought in the time available and, therefore, I will make arrangements to provide the information in line with Standing Orders.

Written Answers — Department of Finance: Help-To-Buy Scheme (10 Jul 2018)

Paschal Donohoe: Section 477C of the Taxes consolidation Act 1997 (Help-to-Buy Incentive) includes a sunset clause for the incentive coming into effect at the end of 2019. As the Deputy will be aware, my Department has recently commissioned an independent Cost-Benefit Analysis of the incentive. The analysis is currently underway and is due to be completed in advance...

Written Answers — Department of Finance: Insurance Costs (10 Jul 2018)

Paschal Donohoe: As the Deputy will be aware from a recent response to a PQ, it had been planned that the next quarterly Progress Update would be released before the end of July. Work is ongoing but it is still envisaged that this report will be completed by the close of the month. Having said that, it may be August before it is ready for publication on the Department of Finance website. The...

Written Answers — Department of Finance: Property Tax Exemptions (10 Jul 2018)

Paschal Donohoe: Section 156 of the Finance (Local Property Tax) Act 2012 converted any arrears of Household Charge (HHC) that were still outstanding on 1 July 2013 to a Local Property Tax (LPT) liability of €200 per property, and made Revenue responsible for collecting the increased amounts. Prior to 1 July 2013, collection of the original €100 HHC was the responsibility of the Local...

Written Answers — Department of Finance: Legislative Measures (10 Jul 2018)

Paschal Donohoe: As the Deputy is probably aware of, a constitutional referendum has been proposed to amend or repeal Article 41.2 of the Constitution. In this context, the Department of Finance is engaged in an ongoing review of legislation for which it is responsible in order to identify any such laws which are dependant on Article 41.2. To date, no such laws have been identified.

Written Answers — Department of Finance: NAMA Staff Data (10 Jul 2018)

Paschal Donohoe: The Home Building Finance Ireland Bill 2018 provides that the staff of HBFI will be provided by the NTMA on a secondment basis. This model has been successfully used in the past in establishing other entities such as the Strategic Banking Corporation of Ireland (SBCI). In order to ensure that the entity is established in the most efficient manner possible it is envisaged that the NTMA...

Written Answers — Department of Finance: NAMA Operations (10 Jul 2018)

Paschal Donohoe: I wish to advise the Deputy that it is expected that NAMA will substantially complete its work by 2020. The Agency announced in October 2017 that it had redeemed all of its €30.2bn in Senior Debt which was guaranteed by the State and since April 2018 it has commenced the redemption of its €1.6bn in subordinated debt. However, notwithstanding the successful...

Written Answers — Department of Finance: Tax Code (10 Jul 2018)

Paschal Donohoe: I am informed by Revenue that to assess the implications of Section 122(3) of the Taxes Consolidation Act (TCA) (Section 122(3) TCA)) for any employee or former employee the full portfolio of loans provided to the individual must be examined.   As stated in the reply to Parliamentary Question No. 188 of 29 May 2018, if there are a number of loans, including preferential loans, then,...

Written Answers — Department of Finance: Tax Data (10 Jul 2018)

Paschal Donohoe: I am advised by Revenue that according to their records the following amounts of Relevant Contacts Tax (RCT) were deducted from relevant payments made to the person concerned for the tax years 2005 to 2009:   Tax Year 2005  - €17,501.64 Tax Year 2006 - €26,372.88 Tax Year 2007 - €3,158.90 Tax Year 2008 - €3,605.00 Tax Year 2009 - €...

Written Answers — Department of Finance: Ministerial Travel (10 Jul 2018)

Paschal Donohoe: The cost of official domestic and overseas travel, including the cost of accompanying officials, since my appointment as Minister for Finance in June 2017 is €25,863.13. The Deputy may note that €11,744 of this cost relates to accompanying officials. The remainder pertains to me and is in respect of flights, accommodation, car hire and other expenses. It should be noted...

Written Answers — Department of Finance: Freedom of Information Requests (10 Jul 2018)

Paschal Donohoe: In response to the Deputy, as of Thursday 5 July 2018, a total of 206 FOI requests have been received by the Department of Finance, 21 of which are currently in process. The Department has refused 38 FOI requests in 2018 to date. The Department has received four appeals for Internal Review to date, with all cases fully concluded. There was one appeal to the Office of...

Written Answers — Department of Finance: Vacancies on State Boards (10 Jul 2018)

Paschal Donohoe: There are seven state boards under the remit of my Department. There are no vacancies on five of these boards. These are the Credit Union Restructuring Board, the Financial Services and Pension Ombudsman, the Irish Fiscal Advisory Council, the National Asset Management Agency and the National Treasury Management Agency. I am advised that the Strategic Banking Corporation of Ireland has one...

Written Answers — Department of Finance: Tax Appeals Commission (10 Jul 2018)

Paschal Donohoe: The Tax Appeals Commission (TAC) was established in March 2016 as part of the reform of the tax appeals system introduced under the Finance (Tax Appeals) Act 2015. The Commission was set up as an independent body with its own vote and Accounting Officer and is a body under the aegis of the Department of Finance. Significant additional resources have been applied to the TAC...

Written Answers — Department of Finance: Ministerial Meetings (10 Jul 2018)

Paschal Donohoe: I have no bilateral meeting currently scheduled with Minister Morneau. I last met with Minister Morneau in January 2018.

Written Answers — Department of Finance: Insurance Costs (10 Jul 2018)

Paschal Donohoe: As the Deputy is aware, the Cost of Insurance Working Group undertook an examination of the factors contributing to the cost of insurance in order to identify what short, medium and long-term measures could be introduced to help reduce the cost of insurance for consumers and businesses.   The initial focus of the Working Group was the issue of rising motor insurance premiums and the...

Written Answers — Department of Finance: Banking Sector (10 Jul 2018)

Paschal Donohoe: The Payment Accounts Directive, transposed in September 2016 by the European Union (Payment Accounts) Regulations 2016, contains the right to open a payment account with basic features. This right extends to an asylum seeker, and also to a person who has not been granted a residence permit but whose expulsion is not possible for legal or practical reasons. Regulation 16 of the European...

Written Answers — Department of Finance: Gambling Sector (10 Jul 2018)

Paschal Donohoe: I propose to take Questions Nos. 180 and 181 together. I am aware of the media reports referred to by the Deputy but I have no comment to make in so far as these reports refer to the business affairs of private individuals. Any gaming machine which is made available for play in a public place, must have a valid Excise licence which is issued by Revenue and known as a ‘Gaming...

Written Answers — Department of Finance: Corporation Tax Regime (10 Jul 2018)

Paschal Donohoe: Ireland has a competitive corporation tax rate, an attractive and stable tax regime and a strong commitment to transparency. Ireland’s tax regime is designed to encourage the location of real, substantive and high-value adding investment in this country.  We have a competitive tax regime that is fully in line with international standards for fair tax competition as agreed at the...

Written Answers — Department of Finance: Motor Insurance Costs (10 Jul 2018)

Paschal Donohoe: It is acknowledged that pricing in the motor insurance sector has been subject to a lot of volatility in recent years and, indeed, the problem of rising motor insurance premiums was the main impetus for the establishment of the Cost of Insurance Working Group.  Its Report on the Cost of Motor Insurance was published in January 2017.  The Report makes 33 recommendations with 71...