Results 19,021-19,040 of 32,610 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Insurance Industry Regulation (24 May 2018)

Paschal Donohoe: I propose to take Questions Nos. 50 and 51 together. The data services referenced by the Deputy are operated by Insurance Ireland, a representative trade body for the insurance sector. As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation and therefore have no role in the operation of either data services referred to in the...

Written Answers — Department of Finance: NAMA Operations (24 May 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 in April 2018 it redeemed €243m of its subordinated debt. However, notwithstanding the successful achievement of repaying the State’s...

Written Answers — Department of Finance: Tax Treaties (24 May 2018)

Paschal Donohoe: There has been ongoing engagement between Irish and Brazilian officials on the issue of Ireland being included on a Brazilian tax list. In addition, Minister of State Joe McHugh TD travelled to Brazil as part of the “Promote Ireland” Programme for St Patrick’s Day this year. Minister McHugh engaged directly with the Head of the Brazilian Revenue Service in a meeting...

Written Answers — Department of Finance: State Claims Agency (24 May 2018)

Paschal Donohoe: I am informed by the State Claims Agency (SCA) that as of 23 May 2018, the figures outlined in the table show the contingent liability, or rather the Outstanding Estimated Liability, on all active claims across all delegated State Authorities under their aegis. Outstanding Estimated Liability is the SCA’s best current estimate of the ultimate cost of resolving a claim. It includes all...

Written Answers — Department of Finance: Tax Collection (24 May 2018)

Paschal Donohoe: I am advised by Revenue that there has been previous contact with the person concerned regarding an unpaid tax debt. Revenue is happy to meet with the person concerned with a view to finding a mutually agreeable approach to resolving matters. The person concerned should now contact Ms. Mary Droney of the Collector-General’s Division (telephone 061 488204) with a view to arranging...

Written Answers — Department of Finance: Legislative Programme (24 May 2018)

Paschal Donohoe: Due to changes in the global private equity market in both structure and relevant European legislation, there is a need to update the Investment Limited Partnership (ILP) Act 1994. This objective has been included in the IFS2020 Action Plan which commits to developing amendments to the Investment Limited Partnership Act 1994 to make the structure more attractive to fund managers. My...

Written Answers — Department of Finance: Mortgage Data (24 May 2018)

Paschal Donohoe: I wish to advise the Deputy that my department does not hold the information that is being sought. The query was sent to the Central Bank who advised that they do not collect data on the number of loans securitised by the breakdown requested. However, the Central Bank provided data on the outstanding stock of PDH and BTL loans securitised and serviced by Irish credit institutions since...

Written Answers — Department of Finance: Mortgage Data (24 May 2018)

Paschal Donohoe: I propose to take Questions Nos. 58 to 60, inclusive, together. I wish to advise the Deputy that my Department does not hold the information that is being sought. The Central Bank also advised that it does not collect data on the number of loans securitised by the breakdown requested. However, the Bank provided data on the outstanding stock in monetary terms of residential PDH and BTL loans...

Written Answers — Department of Public Expenditure and Reform: Legal Costs (24 May 2018)

Paschal Donohoe: I am advised that the Office of the Information Commissioner has incurred legal fees of €110,014 to date in respect of the proceedings in the High Court and the Court of Appeal in relation to the case in question.

Written Answers — Department of Public Expenditure and Reform: State Bodies Expenditure (24 May 2018)

Paschal Donohoe: The Office of the Information Commissioner is funded through Vote 19 – the Office of the Ombudsman. Vote 19 provides for the salaries and expenses of the Office of the Ombudsman, the Office of the Commission for Public Service Appointments, the Standards in Public Office Commission, the Office of the Information Commissioner and the Office of the Commissioner for Environmental...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (24 May 2018)

Paschal Donohoe: The Single Public Service Pension Scheme (Single Scheme), which was introduced on 1 January 2013 under the Public Service Pensions (Single Scheme and Other Provisions) Act 2012, applies to all first-time new entrants to the public service from that date. It also applies to former pensionable public servants returning to public service employment after a break of more than 26 weeks, as well...

Questions on Promised Legislation (23 May 2018)

Paschal Donohoe: The Minister of State, Deputy Michael D'Arcy, is meeting various stakeholders across the country. He updating them on progress being made to reform insurance and deal with the cost of insurance. It is not true to say that no progress has been made. It is fair to say that some of the more complex matters that require progress are being dealt with by the Minister of State, Deputy D'Arcy....

Questions on Promised Legislation (23 May 2018)

Paschal Donohoe: In the coming weeks the Government intends to introduce legislation to change the retirement age for people working in the public service. We have an interim arrangement in place in advance of that legislation coming in to give people, who choose to do so, the opportunity to work longer. I expect we will publish that legislation in the coming weeks. I hope we will be able to move that...

Written Answers — Department of Finance: Tax Credits (23 May 2018)

Paschal Donohoe: Section 481 Taxes Consolidation Act 1997 provides that companies which make films in Ireland can avail of a refundable tax credit in respect of eligible expenditure incurred on the making of that film.  Eligible expenditure includes amounts incurred on employing individuals and on acquiring goods and services from Irish businesses.  Both aspects must relate to work done in the...

Written Answers — Department of Finance: Tax Data (23 May 2018)

Paschal Donohoe: I am advised by Revenue that tractors imported from outside the EU are liable to the standard rate of VAT of 23%, and Customs Duty, which can vary from 0% to 16%, depending on the type of tractor being imported. The amount of tax and duty payable at importation will depend on the value of the vehicles. 

Written Answers — Department of Public Expenditure and Reform: Community Employment Schemes Supervisors (23 May 2018)

Paschal Donohoe: I would refer the Deputy to my response to PQ 54985/17 of 16 January 2018.

Written Answers — Department of Finance: Tax Code (22 May 2018)

Paschal Donohoe: Hypothecation is not a feature of the Irish tax system in general. The Department of Finance is opposed to the hypothecation of Exchequer receipts as it reduces the flexibility of the Government to prioritise and allocate funds as necessary at a particular time.  This constrains expenditure decisions and can distort the allocation of resources resulting in reduced value...

Written Answers — Department of Finance: Motor Insurance Costs (22 May 2018)

Paschal Donohoe: The circumstances in which the 20 per cent additional charge referred to in this question may arise are not clear from the question. The European Union (Payment Services) Regulations 2018, which transposed the revised Payment Services Directive, prohibit a payee from requesting an additional charge from a consumer for using a SEPA direct debit. However, it is possible to apply other...

Written Answers — Department of Finance: Vehicle Registration (22 May 2018)

Paschal Donohoe: I am advised by Revenue that the specification for the identification mark (the “registration plate”) that must be displayed on all vehicles is contained in the Vehicle Registration and Taxation Regulations, 1992 (S.I. No. 318 of 1992).  These Regulations do not permit personalised registration plates for special occasions on commercial vehicles or any other category of...

Written Answers — Department of Finance: Vehicle Registration (22 May 2018)

Paschal Donohoe: I am informed by Revenue that section 130 of the Finance Act 1992, as amended by section 53 of the Finance Act 2017, provides that, from 31 July 2018, N1 vehicles with 4 or more seats and to which a BE bodywork code has not been assigned will be defined as VRT category A vehicles.  N1 vehicles which have 4 or more seats and which have been assigned a BE bodywork code will continue to...