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Written Answers — Department of Finance: Departmental Staff Data (17 May 2018)

Paschal Donohoe: Of the seventeen Bodies under the aegis of my Department, I am informed that in the location listed by the Deputy there are no current plans to recruit at Assistant Principal level or equivalent in the next five years.

Written Answers — Department of Finance: House Prices (17 May 2018)

Paschal Donohoe: The Department of Finance continues to monitor developments in the residential property market, including trends in property prices. Ongoing monitoring allows my Department to assess the property sector’s contribution to the economy, as well as to scrutinise potential risks emerging from the wider construction industry. The Department monitors price levels through stamp duty returns...

Written Answers — Department of Finance: Tax Code (17 May 2018)

Paschal Donohoe: I am informed by Revenue that section 86 of the Capital Acquisitions Tax Consolidation Act (CATCA) 2003 provides for a dwelling house exemption which allows for property to be inherited tax-free where the inheritor is already living in the home subject to certain conditions. Firstly, the inherited dwelling house must have been the deceased person’s principal private residence at the...

Written Answers — Department of Finance: State Aid (17 May 2018)

Paschal Donohoe: The Government profoundly disagrees with the European Commission’s analysis in the Apple State Aid case. An appeal is therefore being brought before the European Courts. Such an appeal takes the form of an application to the General Court of the European Union (GCEU), asking it to annul the Commission’s Final Decision. The Attorney General prepared the legal grounds in...

Written Answers — Department of Finance: Banking Sector Data (17 May 2018)

Paschal Donohoe: I have received the following response from AIB:"AIB does not monitor individual customer social media accounts and as such never makes decisions using individual customer’s social media data. The only individual social media data that’s used by the bank is when a customer contacts us on AIB Group Social Channels and we respond to specific queries from customers as is normal...

Written Answers — Department of Finance: Startup Funding (17 May 2018)

Paschal Donohoe: Start-Up Relief for Entrepreneurs (SURE) is a tax relief for individuals who leave full-time employment and start up their own business. In general terms, relief under SURE is available for an individual who: - Sets up a new company to carry out a new trade. Companies that carry on a trade previously carried out by another person do not qualify. Nor do many consulting companies, which...

Written Answers — Department of Finance: Revenue Commissioners Resources (17 May 2018)

Paschal Donohoe: I propose to take Questions Nos. 64 and 72 together. The implementation of the PAYE Modernisation project was announced in Budget 2017. PAYE Modernisation represents the most significant reform of the administration of the PAYE system in over 50 years. Its objective is that employers, employees and Revenue will all have access to the most accurate and up-to-date information...

Written Answers — Department of Finance: Legislative Programme (17 May 2018)

Paschal Donohoe: The funds industry has been a successful and significant element of the Irish financial services landscape for many years. This success has been underpinned by changes in the legislative landscape that have made Ireland an attractive domicile for promoters in Asia, across Europe, the U.S., and further afield. We also have a regulatory regime providing a robust and consistent approach to the...

Written Answers — Department of Finance: Consumer Protection (17 May 2018)

Paschal Donohoe: On consultation with the Central Bank, I can confirm that the General Principles of the Consumer Protection Code (the Code) apply in respect of all customers in the State, with customer defined as: “any person to whom a regulated entity provides or offers to provide a product or service the subject of this Code, and any person who requests such a product or service”. The other...

Written Answers — Department of Finance: Motor Insurance Costs (17 May 2018)

Paschal Donohoe: The Fifth Progress Updatewas published on the Department of Finance website on 11 May 2018, together with an accompanying press release. This is the first such quarterly report to provide details on the implementation of the Report on the Cost of Employer and Public Liability Insurance, as well as continuing to outline developments in respect of the Report on the Cost of Motor...

Written Answers — Department of Finance: Motor Insurance Costs (17 May 2018)

Paschal Donohoe: The Fifth Progress Update,which provides details on the implementation of the Report on the Cost of Motor Insurancerecommendations, was published on the Department of Finance website on 11 May 2018. This Fifth Progress Update confirms that Action Point 17 (associated with Recommendation 8), which calls upon Insurance Ireland to put in place a general protocol around the requirement for...

Written Answers — Department of Finance: Motor Insurance Data (17 May 2018)

Paschal Donohoe: As the Deputy is aware, under the terms of the Declined Cases Agreement (DCA), which is adhered to by all motor insurers in Ireland, the insurance market will not refuse to provide insurance to an individual seeking motor insurance if he or she has approached at least three insurers and has not been able to obtain cover from them. I am not responsible for the operation of the DCA and...

Written Answers — Department of Finance: Tracker Mortgage Examination Expenditure (17 May 2018)

Paschal Donohoe: The Central Bank has advised that the estimated costs incurred by the Bank in carrying out the Tracker Mortgage Examination to end December 2017 amounted to approximately €8.4m. This comprises an estimate of internal labour costs of €4.5m (but does not include an apportionment of indirect costs) and an estimate of €3.9m for directly attributable external costs (including...

Written Answers — Department of Finance: Insurance Industry Regulation (17 May 2018)

Paschal Donohoe: The Irish insurance sector is diverse, comprising life, non-life and reinsurance firms operating across a range of products and geographical markets. I believe that it is very important that this market is competitive, vibrant and that there are no barriers to entry facing potential new entrants. If we want to increase its capacity and facilitate further competition, this must remain a key...

Written Answers — Department of Finance: Summer Economic Statement (17 May 2018)

Paschal Donohoe: The publication of the Summer Economic Statement (SES), forms a key part of the reformed budgetary process designed to complement the Stability Programme Update (SPU). The macroeconomic outlook set out in April, as part of the SPU, will underpin the SES. The SES will broadly set out what the Government believes to be the appropriate fiscal policy next year, taking into account Ireland's...

Written Answers — Department of Public Expenditure and Reform: Consular Services Expenditure (17 May 2018)

Paschal Donohoe: The table outlines the amount paid to consultancy firms by my Department during 2017. My Department ensures that every effort is made to limit the use of consultancy where possible. It should be noted that the complex nature of the Department’s work in recent years in leading major reform programmes, such as the roll-out of shared services by the National Shared Services Office or...

Written Answers — Department of Public Expenditure and Reform: National Planning Framework (17 May 2018)

Paschal Donohoe: The National Planning Framework is the responsibility of my colleague the Minister for Housing, Planning and Local Government. Compliance with 2020 renewable energy targets is a matter for my colleague the Minister for Communications, Climate Action and Environment. However, as my Department has been involved in both processes I will address the Deputy’s question. In the first...

Written Answers — Department of Public Expenditure and Reform: Cross-Border Projects (17 May 2018)

Paschal Donohoe: As the Deputy will be aware, Ireland and Northern Ireland are currently partners in two EU-funded cross-border Cooperation Programmes, PEACE and INTERREG, with a total value of €550 million over the period 2014-2020. These programmes are 85% funded by the EU through the European Regional Development Fund (ERDF) under the European Union's Cohesion Policy. The Irish Government...

Written Answers — Department of Public Expenditure and Reform: Garda Recruitment (17 May 2018)

Paschal Donohoe: As the Deputy will be aware recruitment for An Garda Síochána is a matter for my colleague the Minister for Justice and Equality and the Garda Commissioner in the first instance. Recruitment for an Garda Síochána is undertaken by the Public Appointments Service (PAS) which is an independent recruiter for the civil and some parts of the public service. I...

Written Answers — Department of Public Expenditure and Reform: Public Procurement Regulations (17 May 2018)

Paschal Donohoe: Public Procurement is governed by EU and National rules and guidelines. The aim of these rules is to promote an open, competitive and non-discriminatory public procurement regime which delivers best value for money. Procurement reform is a key element of the Government's overall reform programme and is aimed at delivering increased value for money, and having a strategic approach to public...

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