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Written Answers — Department of Public Expenditure and Reform: Public Procurement Contracts (20 Jun 2018)

Paschal Donohoe: Procurement is a key element of the Government's Reform agenda. The Office of Government Procurement (OGP) was established to drive the reform agenda, adopt a strategic approach to public procurement, leverage the State's spending power and deliver savings for the State. Framework agreements are one of a number of ways in which the OGP engages with the market to achieve value for...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Data (20 Jun 2018)

Paschal Donohoe: As the Deputy will be aware, The Public Appointments Service (PAS) is an independent statutory recruitment body for the civil service. PAS carry out general service competitions for the Civil Service and in many cases establish Irish language streams in those competitions. Information relating to the number of assignments from PAS to Civil Service Departments and offices for functional...

Written Answers — Department of Public Expenditure and Reform: Public Consultation Process (20 Jun 2018)

Paschal Donohoe: I am pleased to inform the Deputy that the Public Consultations Portal, which was included in the Programme for a Partnership Government, will be launched shortly. The Portal will provide a single mechanism by which people can access information on consultations at local, regional and national levels.  The portal has been developed by the Office of the Government Chief Information...

Written Answers — Department of Finance: Common Consolidated Corporate Tax Base Proposals (19 Jun 2018)

Paschal Donohoe: The European Commission's current proposals for a Common Consolidated Corporate Tax Base (CCCTB) were published in October 2016 and first discussed at the November 2016 ECOFIN meeting. The proposal was prepared by the Commission without any input from Member States. The re-launched CCCTB is split into two separate Directives – a Directive for a Common Corporate Tax Base (CCTB) and a...

Written Answers — Department of Finance: Ministerial Meetings (19 Jun 2018)

Paschal Donohoe: Founded in 1954, the Bilderberg Meeting is an annual conference designed to foster dialogue between Europe and North America. Every year, between 120-140 political leaders and experts from industry, finance, academia and the media are invited to take part in the conference. The conference is a forum for informal discussions about major issues facing the world. As Minister for Finance and...

Written Answers — Department of Finance: Tracker Mortgages (19 Jun 2018)

Paschal Donohoe: As the Deputy is aware, the Central Bank is independent in the performance of its duties in the supervision of regulated financial service providers and it is working to ensure that the tracker mortgage examination is completed as soon as possible. The Bank provided a comprehensive update on the Tracker Mortgage Examination in April 2018, which is available at: . The April update report...

Written Answers — Department of Finance: Tax Data (19 Jun 2018)

Paschal Donohoe: I am informed by Revenue that although foreign resident music artists have a liability to Irish tax on income arising from the exercise of their profession in the State, it is not possible to quantify the amount of income earned by foreign resident music artists here. The reason lies in the incidental number of days the individuals are present in the Republic of Ireland, which creates...

Written Answers — Department of Finance: Tax Reliefs Application (19 Jun 2018)

Paschal Donohoe: As the Deputy may know, retirement relief for certain sportspersons was introduced in Finance Act 2002 and the categories of sportspersons that can avail of tax relief are set out in schedule 23A of the Taxes Consolidation Act 1997 (TCA). These categories include athletes, badminton players, boxers, cricketers, cyclists, footballers, golfers, jockeys, motor racing drivers, rugby players,...

Written Answers — Department of Finance: Local Authority Housing Mortgages (19 Jun 2018)

Paschal Donohoe: Home Building Finance Ireland (HBFI) is to be established to provide funding on market terms to viable residential development projects whose owners are experiencing difficulty in obtaining debt funding. The legislation establishing HBFI, the Home Building Finance Ireland Bill 2018, was published on 18 June 2018 and will now commence its passage through the Oireachtas. It is envisaged that...

Written Answers — Department of Finance: Insurance Costs (19 Jun 2018)

Paschal Donohoe: Both I and the Government are very conscious of the difficulties that increased insurance costs are having on the business sector and we continue to prioritise action in this area. Following the publication of its Report on the Cost of Motor Insurancein January 2017, the Cost of Insurance Working Group undertook an examination of the Employer Liability and Public Liability insurance sectors...

Written Answers — Department of Finance: Civil Partnership Legislation (19 Jun 2018)

Paschal Donohoe: I am advised by Revenue that section 88A of the Capital Acquisitions Tax Consolidation Act 2003 exempts transfers made between qualified cohabitants within the meaning of Part 15 of the Civil Partnership and Certain Rights and Obligations of Cohabitants (CPCROC) Act 2010. Part 15 provides for a redress scheme where court orders can be obtained in certain circumstances in relation to the...

Written Answers — Department of Finance: Tax Yield (19 Jun 2018)

Paschal Donohoe: I propose to take Questions Nos. 140 to 143, inclusive, together. In order to estimate the potential revenue from a wealth tax, it is necessary to identify the wealth held by individuals. As there is currently no such wealth tax in operation in Ireland, the Department understands that the Revenue Commissioners have no basis or requirement to compile the data needed to produce estimates in...

Written Answers — Department of Finance: Financial Services and Pensions Ombudsman Remit (19 Jun 2018)

Paschal Donohoe: As I informed the Deputy on Tuesday 12th June in response to PQ 24855, the Financial Services and Pensions Ombudsman Act 2017 provides for the following time limits in relation to long-term financial services. "(2) A complaint in relation to - (a) conduct referred to in section 44(1)(a) that, subject to the requirements specified in subsection (3), relates to a long-term financial service,...

Written Answers — Department of Finance: Departmental Expenditure (19 Jun 2018)

Paschal Donohoe: The total amount paid per project to the company Mediavest since 1 January 2016 to date is detailed in the following table. Year Project Amount 2017 We engaged Mediavest to place an advertorial with the Sunday Business Post to publicise the Department winning a National Training Award from the Irish Institute of Training and Development. €2,870.54

Written Answers — Department of Finance: Tax Yield (19 Jun 2018)

Paschal Donohoe: I am advised by Revenue that incomes from various sources, such as rental income, are combined in the tax assessment calculation and it is therefore not possible to identify the resulting tax yield from any one particular income source. Revenue have also advised me that the tax returns up to and including the 2015 tax year did not require rental income to be returned in a manner that...

Written Answers — Department of Finance: Tax Reliefs Availability (19 Jun 2018)

Paschal Donohoe: A review of the appropriate treatment for tax purposes of trade union subscriptions and professional body fees was carried out by my Department in 2016 and included in the 2016 report on tax expenditures published on budget day 2016. The review may be found at the following link: () The review concluded that: "... analysis of the scheme using the principles laid down by the...

Written Answers — Department of Finance: Data Protection (19 Jun 2018)

Paschal Donohoe: I plan to publish the legislation in relation to the national claims information database in the coming weeks, subject to approval by the Government. In drafting the Bill, my Department has kept in mind the need to ensure that data protection requirements are met. In broad terms, the Bill as drafted will require the Central Bank to collect data from insurance undertakings for the purpose...

Written Answers — Department of Finance: Public Consultation Process (19 Jun 2018)

Paschal Donohoe: My Department has carried out 56 public consultations since 2011, and a table providing the details is set out below. The majority of the consultations did not incur an explicit cost as part of the work carried out by staff in my Department in relation to public consultations. Such work forms part of the Department’s regular staff costs and is not itemised separately. Three...

Written Answers — Department of Finance: Motor Insurance Costs (19 Jun 2018)

Paschal Donohoe: As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation. Neither I nor the Central Bank of Ireland can interfere in the provision or pricing of insurance products, as these matters are of a commercial nature, and are determined by insurance companies based on an assessment of the risks they are willing to accept. This position is...

Written Answers — Department of Finance: NAMA Accounts (19 Jun 2018)

Paschal Donohoe: I wish to advise the Deputy that, as outlined in its recent 2017 Annual Report, NAMA expects to return a surplus to the State in the region of €3.5bn, subject to prevailing market conditions, when it completes its work. This is an increase of €500m from the previous estimate in its 2016 Annual Report, and a testament to the progress that NAMA has made in achieving its primary...

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