Results 19,621-19,640 of 32,643 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Mortgage Insurance (17 Apr 2018)

Paschal Donohoe: I have been advised by the Central Bank that it does not publish figures on lifetime loans. These are niche products, usually provided to those aged 60 or older.  The Consumer Protection Code 2012 defines ‘lifetime mortgage’ as - “a loan secured on a borrower’s home where:  a) interest payments are rolled up on top of the capital throughout the term of...

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

Paschal Donohoe: As the Deputy is aware, the relationship between the Minister for Finance and AIB is governed by a relationship framework agreement, which can be found on my Department's website. In accordance with the relationship framework, the Minister for Finance has no direct function in commercial decisions made by the bank and these decisions are the responsibility...

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

Paschal Donohoe: I am aware of the concerns raised by the Deputy.  However as Minister for Finance, my role is limited to the development of the legal framework governing financial regulation.  What this means is that 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...

Written Answers — Department of Finance: Tax Data (17 Apr 2018)

Paschal Donohoe: I propose to take Questions Nos. 269 and 270 together. The close company surcharge is charged on undistributed investment and estate income of companies. I am advised by Revenue that the available information is the amount of Corporation Tax liability associated with the close company surcharge 2014 to 2016 (the latest year available) and is as shown in the following table.  It is not...

Written Answers — Department of Finance: Rental Sector (17 Apr 2018)

Paschal Donohoe: The Report of the Working Group on the Tax and Fiscal Treatment of Landlords was submitted to me for consideration in September 2017, in advance of its publication on Budget Day, 10 October 2017. I examined the ten policy options that were put forward in the report in the context of the limited tax expenditure resources that were available to me for Budget 2018.  As the Deputy mentions,...

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

Paschal Donohoe: I wish to inform the Deputy that under a restructuring agreement in 1997 the Clerical Assistant Grade was abolished. The Department of Finance currently has one Clerical Officer on a temporary contract since February, 2018. This assignment is for a specific period of time and it is not anticipated that the officer's contract will be extended as the work of the Unit is being...

Written Answers — Department of Finance: Tax Reliefs Data (17 Apr 2018)

Paschal Donohoe: I propose to take Questions Nos. 273 to 276, inclusive, together. I am advised by Revenue that the following table outlines the relevant costs for the year of 2015. Cost of Tax Expenditures 2015 (€m) 2015 (Numbers) PQ/16594 Employers' Contributions To Approved Superannuation Schemes (4) 147 342,100 PQ/16595 Employees' Contributions To Approved Superannuation Schemes (4) 580.6...

Written Answers — Department of Finance: Pension Provisions (17 Apr 2018)

Paschal Donohoe: In February of this year, the Department of Employment Affairs and Social Protection (DEASP) published a Roadmap for Pensions Reform 2018-2023, following Government approval. The Roadmap sets out a number of pension reform actions under 6 Strands. Strand 2 proposes the introduction of an automatic enrolment retirement savings system to help individuals accumulate sufficient...

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

Paschal Donohoe: I am aware of the concerns raised by the Deputy in relation to the financial strain which the cost of insurance may place on community, voluntary and charitable organisations such as men’s sheds.  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...

Written Answers — Department of Finance: Tax Rebates (17 Apr 2018)

Paschal Donohoe: I am advised by Revenue that the person in question is a PAYE taxpayer who to date has not requested a review of their tax situation. If the person wishes to initiate a review of their tax liability, they can either request an End of Year Statement (P21) or complete a Form 12. The quickest and easiest way to have a review completed is via ‘PAYE Services’ in...

Written Answers — Department of Finance: Tax Compliance (17 Apr 2018)

Paschal Donohoe: The Deputy will be aware that tax compliance rates in Ireland are consistently high with the vast majority of taxpayers and businesses meeting their payment and returns filing obligations on a timely basis. However any non-compliance, by even a minority of individuals or sectors, deprives the Exchequer of much needed funds and puts compliant businesses at a competitive disadvantage.  ...

Written Answers — Department of Finance: Tax Reliefs Availability (17 Apr 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 Department’s...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Retirements (17 Apr 2018)

Paschal Donohoe: I propose to take Questions Nos. 282 and 285 together. I refer the Deputies to my reply to Parliamentary Question No. 53517/2017 on 14 December 2017. The legislation is on the list of priority legislation for publication in the Spring/Summer Session 2018.

Written Answers — Department of Public Expenditure and Reform: Departmental Funding (17 Apr 2018)

Paschal Donohoe: My Department provided grants totalling €1.95 million to Benefacts in the period 2015 to 2017 and concluded a further funding agreement with Benefacts at the end of last year. Under this agreement a grant of €950,000 was provided for in 2018. This grant was included in the 2018 Estimate for my Department, which was discussed at the Oireachtas Committee on Finance, Public...

Written Answers — Department of Public Expenditure and Reform: National Development Plan (17 Apr 2018)

Paschal Donohoe: The ten-year National Development Plan (NDP) has been put in place to underpin the implementation of the National Planning Framework (NPF) to support the development of all counties and regions, both urban and rural areas. The NDP sets out an investment programme of €116 billion, aligned to the ten National Strategic Outcomes (NSOs) detailed in the NPF which are critical to...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pay (17 Apr 2018)

Paschal Donohoe: I propose to take Questions Nos. 289 and 290 together. As part of the negotiations last year leading to the Public Service Stability Agreement 2018-2020 all parties acknowledged “issues of concern relating to the increased length of salary scale for post 2011” new entrants and committed to examining these issues within 12 months of the commencement of the agreement. In general...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Data (17 Apr 2018)

Paschal Donohoe: The information the Deputy has requested on the recruitment of Administrative Officers in the civil service is set out in the following file. Administrative Officers recruited by Department 2010 - 2017 (Source - National Shared Service Office, April 2018) Dept  2010 2011 2012 2013 2014 2015 2016 2017 Agriculture, Food & the Marine 1 3 2 1 7 12 10 Attorney General's Office ...

Written Answers — Department of Public Expenditure and Reform: Consultancy Contracts Expenditure (17 Apr 2018)

Paschal Donohoe: The information requested by the Deputy on expenditure on consultancy and related matters is being compiled and will be forwarded directly to the Deputy shortly.

Written Answers — Department of Public Expenditure and Reform: Legislative Measures (17 Apr 2018)

Paschal Donohoe: My Department has not enacted or published any pieces of legislation which originated in work carried out by the Law Reform Commission in the last 10 years.

Written Answers — Department of Public Expenditure and Reform: Legislative Programme (17 Apr 2018)

Paschal Donohoe: The Data Sharing and Governance Bill is a priority for the Government in the spring/summer legislation programme. 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...