Results 1-20 of 33,906 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Budget 2026 (16 Oct 2025)

Paschal Donohoe: I propose to take Questions Nos. 190, 191 and 192 together. As part of Budget 2026, I announced a number of tax changes that are being introduced to incentivise the provision of new residential units. The VAT rate on the sale of apartments as part of a social policy, has been reduced from 13.5% to 9%. Following a Financial Resolution passed by the Dáil on Budget Day, this...

Written Answers — Department of Finance: Medical Aids and Appliances (16 Oct 2025)

Paschal Donohoe: Section 469 of the Taxes Consolidation Act (“TCA”) 1997 provides for tax relief where an individual proves that they have incurred costs in respect of qualifying health expenses. Only “health expenses” incurred in the provision of “health care”, which has been carried out or advised by (in certain circumstances) a “practitioner”, will...

Written Answers — Department of Finance: Tax Code (16 Oct 2025)

Paschal Donohoe: I propose to take Questions Nos. 194 and 197 together. The Programme for Government has committed to support small and medium enterprises, especially those in the retail and hospitality sectors. The VAT reduction announced in Budget 2026 will apply to food and catering services and to hairdressing services. The measure will not apply to entertainment such as admissions to cinemas,...

Written Answers — Department of Finance: Tax Rebates (16 Oct 2025)

Paschal Donohoe: Excise duty on alcohol is governed by EU law, with which Irish excise law is obliged to conform. The “Alcohol Structures Directive” (Council Directive 92/83/EEC) lays down a harmonised approach to excise duties on alcohol in the EU. It defines alcoholic beverages and sets out the basis on which excise duties on such products are to be established by Member States as well as the...

Written Answers — Department of Finance: Tax Code (16 Oct 2025)

Paschal Donohoe: I propose to take Questions Nos. 196 and 204 together. The Deputies' questions relate to the deemed disposal rules. These rules apply to investments in Irish domiciled investment funds and life assurance products, as well as equivalent offshore funds and certain foreign life assurance products. For Irish domiciled investment funds and life assurance products, the gross roll up regime...

Written Answers — Department of Finance: Revenue Commissioners (16 Oct 2025)

Paschal Donohoe: I am advised by Revenue that the following table outlines payments made in respect of maintaining the vessel alongside in the Port of Cork since its detention in September 2023 up to end September 2025. Payments in respect of maintenance and management of MV Matthew from Sept 2023 to end Sept 2025 € Berthing: Includes all costs associated with...

Written Answers — Department of Finance: Recycling Policy (16 Oct 2025)

Paschal Donohoe: I propose to take Questions Nos. 199, 200, 201, 202 and 203 together. My colleague, the Minister for Climate, Energy and the Environment (CEE), has the lead policy and legislation responsibility in relation to the Deposit Return Scheme (DRS), which was introduced for environmental policy reasons to support the collection and recycling of empty drinks cans and plastic bottles. My...

Written Answers — Department of Finance: Housing Schemes (16 Oct 2025)

Paschal Donohoe: The Help to Buy (HTB) incentive is a scheme to assist first-time purchasers with the deposit they need to buy or build a new house or apartment. The incentive gives a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in Ireland over the previous four years, subject to limits outlined in the legislation. HTB provides a refund of Income Tax and Deposit Interest Retention Tax...

Written Answers — Department of Finance: Tax Credits (16 Oct 2025)

Paschal Donohoe: I am advised by Revenue that 313,980 taxpayer units claimed the Rent Tax Credit (RTC) for 2022, with 273,160 of these taxpayer units benefitting from it. In relation to 2023, 354,110 taxpayer units claimed the RTC, with 315,030 taxpayer units befitting from it. These numbers include both PAYE and self-assessed taxpayer units. A taxpayer unit is either an individual with any personal...

Written Answers — Department of Finance: Redundancy Payments (16 Oct 2025)

Paschal Donohoe: Section 203 of the Taxes Consolidation Act 1997 (TCA 1997) exempts from income tax statutory redundancy payments. Lump sum payments which arise as part of a redundancy package come within the charge to income tax by virtue of section 123 TCA 1997. There are, however, significant reliefs available on the potential tax liability arising from such payments contained in section 201 and...

Written Answers — Department of Finance: Pension Provisions (16 Oct 2025)

Paschal Donohoe: As the Deputy is aware, the legislative framework underpinning the automatic enrolment retirement (AE) savings scheme, is the Automatic Enrolment Retirement Savings System Act 2024. The policy and implementation of the AE system is a matter for the Minister for Social Protection. Responsibility for the tax treatment of AE lies with me as Minister for Finance. My Department and Revenue...

Written Answers — Department of Finance: Tax Reliefs (16 Oct 2025)

Paschal Donohoe: Under section 825C to the Taxes Consolidation Act 1997, the Special Assignee Relief Programme (SARP) provides Income Tax relief to certain employees assigned to work in the State. The relief aims to support employers in relocating individuals with key skills from foreign-based operations to positions in Irish-based operations, thereby facilitating the creation of jobs and the development...

Written Answers — Department of Finance: EU Funding (16 Oct 2025)

Paschal Donohoe: I understand the Deputy has clarified that his question refers to EU funding opportunities that will be open for application to community groups or local authorities etc. I wish to advise that neither the Department nor the bodies under the aegis plan to open any new schemes in the next 6 or in the next 12 months. Revenue continually monitors and reviews funding that may be available and...

Written Answers — Department of Finance: Housing Schemes (15 Oct 2025)

Paschal Donohoe: The Living City Initiative (LCI) is a targeted measure which is aimed at very specific areas in urgent need of regeneration, it is provided for under sections 372AAA to 372AAD of the Taxes Consolidation Act 1997. It currently offers income or corporation tax relief for qualifying expenditure incurred in the refurbishment and conversion of qualifying residential and commercial buildings...

Written Answers — Department of Finance: Departmental Funding (15 Oct 2025)

Paschal Donohoe: I propose to take Questions Nos. 99 and 100 together. I am advised by Revenue that as part of the redevelopment of Rosslare Europort, a new high energy X-ray gantry system will be deployed in October 2025. This is the first high energy X-ray gantry system to be deployed in the State and will be used to scan containerised freight and vehicles as required. In addition, so far this year...

Written Answers — Department of Finance: Tax Data (15 Oct 2025)

Paschal Donohoe: The setting of VAT rates is subject to the EU VAT Directive, with which Irish VAT law must comply. The Directive generally holds that all goods and services are subject to VAT at the standard rate which must be set at a minimum of 15%. The exception to this is whether a good or service is listed under Annex III of the Directive where either a reduced rate or a VAT exemption may be applied. ...

Written Answers — Department of Finance: Revenue Commissioners (15 Oct 2025)

Paschal Donohoe: I propose to take Questions Nos. 102, 103, 104, 105, 106 and 107 together. The E-Liquid Products Tax (EPT) was legislated for in Finance Act 2024 and will come into effect from 1 November 2025. Revenue is currently engaging with stakeholders and suppliers to ensure they are prepared in advance of the commencement date. Revenue has published detailed guidance on its website including...

Written Answers — Department of Finance: Artificial Intelligence (15 Oct 2025)

Paschal Donohoe: I can confirm for the Deputy that my department follows the Government approved Guidelines for the Responsible Use of Artificial Intelligence (AI) in the Public Service as approved in May 2025. In addition, my department follows guidance from the National Cyber Security Centre (NCSC) including “Cyber Security Guidance on Generative AI for Public Sector Bodies” released in June...

Written Answers — Department of Finance: Budget 2026 (15 Oct 2025)

Paschal Donohoe: I propose to take Questions Nos. 109, 111 and 116 together. The Programme for Government has committed to support small and medium enterprises, especially those in the retail and hospitality sectors. The VAT reduction announced in Budget 2026 will apply to food and catering services and to hairdressing services. The measure will not apply to entertainment such as admissions to cinemas,...

Written Answers — Department of Finance: Tax Data (15 Oct 2025)

Paschal Donohoe: A farm income stabilisation tax measure currently exists in the form of income averaging. Section 657 of the Taxes Consolidation Act 1997 allows farmers to pay tax based on the average of five years’ farming profits and losses. The measure allows eligible farmers to be charged tax on the average of the aggregate farming profits and losses over a five-year period. Tax is charged on...