Results 18,681-18,700 of 32,610 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Mortgage Interest Relief Data (21 Jun 2018)

Paschal Donohoe: As the Deputy will be aware, Finance Act 2016 provided for the phased restoration of full interest deductibility in respect of interest on loans used in the purchase, improvement or repair of rented residential property. This is being done over a 5 year period by way of annual increments of 5%, with the first increase from 75% to 80% having taken effect for interest accruing on or after 1...

Written Answers — Department of Finance: Tax Credits (21 Jun 2018)

Paschal Donohoe: I propose to take Questions Nos. 82 and 84 together. Regarding the cost of the full reintroduction of a rental tax credit, I am advised by Revenue that the number who availed of the rent relief tax credit and the associated cost to the Exchequer are available on the Revenue website at the following link: . The credit was available to those paying for private rented accommodation. This...

Written Answers — Department of Finance: VAT Rate Application (21 Jun 2018)

Paschal Donohoe: The VAT rating of goods and services is subject to EU VAT law, with which Irish VAT law must comply. Under the VAT Consolidation Act 2010, the construction and supply of new residential housing, including renovation and repairs, is charged to VAT at 13.5%. I am advised by the Revenue Commissioners that it is tentatively estimated that introducing a 9% VAT rate...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pay (21 Jun 2018)

Paschal Donohoe: The unwinding of the emergency FEMPI legislation commenced with the Lansdowne Road Agreement 2016-2018 and will be completed under the Public Service Stability Agreement 2018 -2020 (PSSA). In relation to the PSSA, the measures agreed were given legal effect through the enactment of the Public Service Pay and Pensions Act 2017. The PSSA also makes provision for pay increases to be...

Written Answers — Department of Public Expenditure and Reform: State Bodies Data (21 Jun 2018)

Paschal Donohoe: The details requested by the Deputy are set out in the following table. Name of Body Number of positions on the Board Quorum required for meeting of the Board Number of Ministerial Appointee Vacancies on the Board to Date Length of time the Ministerial Appointee vacancy has been present for each vacancy Public Appointments Service 9 5 0 N/A* National Shared Services...

Written Answers — Department of Public Expenditure and Reform: Appointments to State Boards (21 Jun 2018)

Paschal Donohoe: The Public Appointments Service (PAS) conducts the state boards appointments process in accordance with the Guidelines on Appointments to State Boards.  All campaigns are openly advertised on Stateboards.ie for a minimum of 3 weeks.  PAS convenes an Assessment Panel to review the applications and select suitable candidates for submission to the relevant Department for...

Summer Economic Statement 2018: Statements (20 Jun 2018)

Paschal Donohoe: I would have mentioned it.

Summer Economic Statement 2018: Statements (20 Jun 2018)

Paschal Donohoe: I do.

Summer Economic Statement 2018: Statements (20 Jun 2018)

Paschal Donohoe: It is my privilege to open tonight’s statements on the 2018 summer economic statement. Ten years after we were hit by the worst economic shock this country has ever faced, I am happy to report that the public finances have been stabilised, unemployment continues to fall, progress is being made in improving our public services and our economy is one of the fastest growing in the EU....

Questions on Promised Legislation (20 Jun 2018)

Paschal Donohoe: In recent budgets we have put in place measures to give particular support to the haulage sector in recognition of the pressures those in that sector face and the likely charges that will happen as a result of Brexit in the future. On the question of seeking to reduce prices further, the Deputy and his colleagues are on their feet every day seeking more investment in public services and...

Written Answers — Department of Finance: Capital Expenditure Programme (20 Jun 2018)

Paschal Donohoe: As the Deputy is aware, in order to assess the impact of capital smoothing of the proposed voted capital expenditure model the actual capital expenditure in 2016 and 2017 along with that planned for 2018 have to be included in the calculation, as these impact on 2019, 2020 and 2021. The following table takes this into consideration and, combining it with the plan as submitted, results in the...

Written Answers — Department of Finance: Excise Duties (20 Jun 2018)

Paschal Donohoe: The financial crisis brought about increases to fuel excise duties to raise badly needed revenues in the face of a decreasing tax yield. However, excise duties applying to petrol and diesel have remained static since 2012.  The table below shows how Irish fuel excise duties ranks in EU terms over the last decade. Year Petrol Diesel 2008 12th 9th 2009 11th...

Written Answers — Department of Finance: Insurance Compensation Fund (20 Jun 2018)

Paschal Donohoe: Setanta Insurance was placed into liquidation by the Malta Financial Services Authority on 30 April 2014. As it was a Maltese incorporated company, the liquidation is being carried out under Maltese law. The Deputy will be aware that under the Insurance Act 1964, as amended, monies may be paid out of the Insurance Compensation Fund (ICF), with the approval of the High Court, in...

Written Answers — Department of Finance: Insurance Costs (20 Jun 2018)

Paschal Donohoe: I welcome the proactive role that the Alliance for Insurance Reform is taking in regard to the issue of the cost of insurance, particularly for businesses.  I can assure the Deputy that my Department and I are both very conscious of the impact that the volatility in insurance prices in the last few years has had on consumers and businesses and am well aware of the issues raised by the...

Written Answers — Department of Finance: Tax Rebates (20 Jun 2018)

Paschal Donohoe: I am advised by Revenue that a full refund of PAYE tax is generally not made until after the end of the tax year when the full earnings of the taxpayer are known. However, given the difficult health circumstances of the person in question, Revenue will review their year to date tax situation and will expedite any repayment due to them. A Revenue official will make direct contact the...

Written Answers — Department of Finance: Living City Initiative (20 Jun 2018)

Paschal Donohoe: I assume that the Deputy is referring to the Living City Initiative (LCI). I am advised by Revenue that applications are only required to be made to the relevant local authority under the owner-occupier and rented residential elements of the scheme. Applications are not required to be made to the local authority under the commercial element of the scheme. Based on the most recent information...

Written Answers — Department of Finance: Tax Rebates (20 Jun 2018)

Paschal Donohoe: I am advised by Revenue that the amount of VRT remitted/repaid for new and used Hybrid electric and plug-in Hybrid electric vehicles is provided in the following table. Please note that figures provided for 2017 are provisional and may therefore be subject to revision. Figures for 2018 reflect data for January to May only. Year Cost € Millions 2001 €  0.06 2002...

Written Answers — Department of Finance: VAT Rebates (20 Jun 2018)

Paschal Donohoe: Irish VAT law does not provide for a VAT rebate for diesel or petrol. The different treatment of VAT as regards petrol and diesel relates to the VAT input deductibility entitlement of VAT registered taxpayers. Businesses who make supplies that are charged to VAT are entitled to claim input VAT on their business expenses. VAT registered persons are entitled to claim the cost of VAT...

Written Answers — Department of Finance: Tax Code (20 Jun 2018)

Paschal Donohoe: The Energy and Environmental Tax Strategy Group Paper will examine the issue of the tax treatment of private cars when provided by an employer to an employee. It is the long standing practice of the Minister for Finance not to comment on measures which may or may not be included in the upcoming budget.

Written Answers — Department of Public Expenditure and Reform: Office of Public Works Properties (20 Jun 2018)

Paschal Donohoe: I have been advised by the Commissioners of Public Works that they have noted the requirement for maintenance works at the Garda Station at Lorrha. Remedial works to improve the visual condition of the property are scheduled to commence shortly.