Results 1-20 of 32,413 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Departmental Policies (10 Apr 2025)

Paschal Donohoe: I propose to take Questions Nos. 158 and 159 together. Vehicle Registration Tax (VRT) reliefs for hybrid and plug-in hybrid vehicles expired on 31 December 2020. VRT category A and B vehicles which are powered only by an electric motor and registered before 31 December 2025 are eligible for relief from VRT up to a maximum amount of €5,000. Vehicles with an Open Market Selling...

Written Answers — Department of Finance: Departmental Policies (10 Apr 2025)

Paschal Donohoe: Let me begin by saying that we deeply regret the imposition of tariffs by the US administration. Tariffs are economically destructive; they drive up the cost of doing business, put upward pressure on prices for consumers, all the while creating uncertainty for investment and future growth. Regarding the specific measures announced on April 2nd, it is important to note that there remains...

Written Answers — Department of Finance: Departmental Policies (10 Apr 2025)

Paschal Donohoe: I propose to take Questions Nos. 161 and 162 together. The Standard Capital Superannuation Benefit (SCSB) is a relief from income tax arising from a lump sum payment connected with the termination of an employment. SCSB is computed at 1/15th of a taxpayer’s average annual pay for the last 36 months in employment. Annual pay in this regard means pay from the employer and does not...

Written Answers — Department of Finance: Departmental Policies (10 Apr 2025)

Paschal Donohoe: Finance Act 2000 introduced the gross roll-up taxation regime for investments in domestic funds and life policies. The general thrust of the regime is that there is no annual tax on income or gains arising within the investment. However, exit tax must be deducted on the occurrence of a “chargeable event”, which originally included – - the making of relevant payments,...

Written Answers — Department of Finance: Health Services (10 Apr 2025)

Paschal Donohoe: My Department, the Department of Health and Revenue have, for some time, been aware of issues which arose from contractual arrangements within the General Practitioner (GP) community whereby some GPs treat income under their General Medical Services (GMS) contract as income of a GP practice in which they are a partner or an employee, rather than income of that individual GP. In accordance...

Written Answers — Department of Finance: Seirbhísí trí Ghaeilge (10 Apr 2025)

Paschal Donohoe: Mar is eol don Teachta, forálann Acht na dTeangacha Oifigiúla, 2003 agus 2021 socrú chun seirbhísí poiblí trí mheán na Gaeilge a sholáthar ag comhlachtaí a fhorordaítear faoin gCéad Sceideal den Acht sin. Déantar é seo trí mheicníochtaí éagsúla, le haird ar leith á tabhairt ar cheantair...

Written Answers — Department of Finance: Artificial Intelligence (10 Apr 2025)

Paschal Donohoe: ICT services for my department are provided by the Office of the Government Chief Information Officer (OGCIO) under the Department of Public Expenditure NDP Delivery and Reform (DPENDR). The OGCIO have confirmed that Artificial Intelligence (AI) applications are looked at in the context of their wider data governance approach where data is viewed and treated as a strategic asset. ...

Written Answers — Department of Finance: Artificial Intelligence (10 Apr 2025)

Paschal Donohoe: I can confirm for the Deputy that my department follows the Government approved Interim Guidelines for the Use of Artificial Intelligence (AI) in the Public Service released in January 2024: www.gov.ie/en/publication/2127d-interim-guidelines-for-use-o f-ai/. In addition, my department follows advice from the National Cyber Security Centre (NCSC) released in June 2023. I can confirm for...

Written Answers — Department of Finance: Artificial Intelligence (10 Apr 2025)

Paschal Donohoe: I am advised that none of the bodies under the aegis of the Department have any projects underway with CeADAR.

Written Answers — Department of Finance: Artificial Intelligence (10 Apr 2025)

Paschal Donohoe: I can confirm for the Deputy that my department follows the Government approved Interim Guidelines for the Use of Artificial Intelligence (AI) in the Public Service released in January 2024: www.gov.ie/en/publication/2127d-interim-guidelines-for-use-o f-ai/. In doing so, the Government recognised the opportunities AI presents to help improve the delivery of public services to our...

Written Answers — Department of Finance: Artificial Intelligence (10 Apr 2025)

Paschal Donohoe: I wish to advise the Deputy that my Department follows the Government approved Interim Guidelines for the Use of Artificial Intelligence (AI) in the Public Service released in January 2024. In doing so, the Government recognised the opportunities AI presents to help improve the delivery of public services to our citizens. The Department of Finance recognises the potential of AI and is...

Written Answers — Department of Finance: Departmental Correspondence (10 Apr 2025)

Paschal Donohoe: There were 676 pieces of post received by the Minster for Finance in 2024 and all of the hard copies were scanned into the webmail system.

Written Answers — Department of Finance: Departmental Correspondence (10 Apr 2025)

Paschal Donohoe: There were 7,585 emails received by the Minster for Finance in 2024 from individual members of the public and organisations.

Written Answers — Department of Finance: Departmental Surveys (10 Apr 2025)

Paschal Donohoe: My Department has not undertaken any surveys to assess this matter to date.

Tariffs: Statements (9 Apr 2025)

Paschal Donohoe: With the agreement of the Leas-Cheann Comhairle and the House, I will share my remaining time with the Minister, Deputy Chambers. I am pleased to have the opportunity to address Dáil Éireann today on the issue of where global trade stands. It is now obvious we are facing a trade development that is a major challenge for the global economy and one that casts a dark shadow over...

Written Answers — Department of Transport, Tourism and Sport: Tax Code (9 Apr 2025)

Paschal Donohoe: The VAT rating of goods and services is subject to the requirements of the EU VAT Directive with which Irish VAT law is obliged to comply. In general, the Directive provides that all goods and services are liable to VAT at the standard rate unless they fall within the categories of goods and services listed in Annex III, in respect of which Member States may apply a lower rate. The...

Written Answers — Department of Transport, Tourism and Sport: Middle East (9 Apr 2025)

Paschal Donohoe: The NTMA have informed me that the ISIF indirect holdings from year end 2023 as defined by the updated UN Database of the 30th June 2023 were as per the table below. Security Description Pooled (Indirect) Alstom SA € 74,907 Altice € 862,418 Booking Holdings € 691,768 ...

Written Answers — Department of Transport, Tourism and Sport: Tax Code (9 Apr 2025)

Paschal Donohoe: The Deputy will appreciate that Revenue is bound by the confidentiality provisions in Section 851A of the Taxes Consolidation Act from commenting on the taxation position of specific taxpayers. Revenue has extensive guidance on its website in relation to the VAT rules which apply where a business receives services from outside the State, including information on the place of supply rules,...

Written Answers — Department of Transport, Tourism and Sport: Economic Data (9 Apr 2025)

Paschal Donohoe: First of all, I would like to note that the imposition of any tariffs is deeply regrettable, creating economic disruption and driving inflation. Free trade has been at the centre of the Irish and European economies for many decades. However, it is clear that the global economic landscape is changing and the ‘new normal’ will most likely be very different from what we have...

Written Answers — Department of Transport, Tourism and Sport: Credit Availability (9 Apr 2025)

Paschal Donohoe: The Government recognises that the SME sector is hugely important to the Irish economy. As Minister for Finance, a major concern of mine is that SMEs have sufficient liquidity and that access to credit for SMEs is maintained. Their importance to the economy is the reason why my Department conducts the Credit Demand Survey annually. The SME Credit Demand survey conducted by my Department...