Results 101-120 of 430 for 5 million speaker:Leo Varadkar

Written Answers — Department of Trade, Enterprise and Employment: Budget 2021 (15 Oct 2020)

Leo Varadkar: ...will be challenging, and help get as many people as possible back to work. The July Stimulus includes enhanced direct grants to businesses and improved access to low cost loans, worth more than €5 billion, with an additional €2 billion in loan guarantees. It is bigger in scale than most budgets and will be deployed at speed. It is designed to help businesses to open, to help...

Written Answers — Department of Trade, Enterprise and Employment: Covid-19 Pandemic Supports (15 Oct 2020)

Leo Varadkar: ...scheme will be effective from 13thOctober until 31st March 2021, and the first payments will be made to affected businesses by mid-November. Payments will be calculated on the basis of 10 per cent of the first €1 million in turnover and 5 per cent thereafter, based on average VAT exclusive turnover for 2019. It will be subject to a maximum weekly payment of €5,000.

Written Answers — Department of Trade, Enterprise and Employment: Covid-19 Pandemic Supports (15 Oct 2020)

Leo Varadkar: ...across all sectors. The Budget measures are in addition to those announced in the July Stimulus, which was a substantial financial package to stimulate our economy worth more than €5 billion, with an additional €2 billion in loan guarantees for the new Credit Guarantee Scheme. It was bigger in scale than most budgets and is being deployed at speed. The new measures in...

Written Answers — Department of Trade, Enterprise and Employment: Enterprise Support Services (15 Oct 2020)

Leo Varadkar: ...and stage of growth. Access to appropriate forms of external equity finance is also vital for the development of indigenous enterprises. As part of the July Stimulus package, I announced an increase of €10 million in funding for the Seed and Venture Capital Scheme, which supports venture capital funds to invest in early-stage innovative Irish companies. The €10 million...

Financial Resolutions 2020 - Financial Resolution No. 7: General (Resumed) (14 Oct 2020)

Leo Varadkar: ...it. This will allow parents to spend more time at home with their kids. The earned income tax credit, which was introduced by the previous Government for the self-employed, has been increased to €1,650. This will equalise it with the employee, formerly PAYE, tax credit for the first time and will enable the self-employed to warehouse their 2020 preliminary tax liabilities, which...

Financial Resolution No. 4: Corporation Tax (13 Oct 2020)

Leo Varadkar: I take it that there are no objections to Financial Resolutions Nos. 5 and 6, which are anti-tax avoidance and technical measures. The same goes for Financial Resolution No. 4, to which Deputy Cullinane referred. To avoid any confusion, this is an anti-avoidance measure and a technical measure. The Government is proposing and supports it, and it is very much in line with what we have been...

Financial Resolution No. 4: Corporation Tax (13 Oct 2020)

Leo Varadkar: I propose to speak on Financial Resolutions Nos. 5 and 6. Financial Resolution No. 5 is an anti-tax avoidance measure. It provides that section 541 of the Taxes Consolidation Act 1997, that is, Act No. 39 of 1997, be amended with respect to disposals made on or after 14 October 2020, by insertion of a new subsection (6A). The purpose of this amendment is to correct an anomaly recently...

Ceisteanna ó Cheannairí - Leaders' Questions (8 Oct 2020)

Leo Varadkar: ...of concern around the country. It is coming up from Deputies from all constituencies. I understand from Deputy Griffin that the financial gap for Kerry County Council is estimated at about €5 million or €6 million for 2020, potentially rising to €13 million for 2021. That would be a grave situation indeed. The Government understands that local authority income is...

Brexit and Business: Statements (7 Oct 2020)

Leo Varadkar: ...the Getting Ireland Brexit Ready brand. Despite the impact of Covid-19 and the approaching Brexit deadline, many Irish exporters are resilient and optimistic. A recent survey of Enterprise Ireland clients found that 57% expect to grow their exports in 2021, 83% intend to hire new staff in 2021 and more than eight in ten exporting companies are either confident or very confident about the...

Written Answers — Department of Trade, Enterprise and Employment: Brexit Preparations (29 Sep 2020)

Leo Varadkar: ...to help businesses to get ready for the introduction of new customs arrangements from 1 January 2021, in addition to supports in place already to help with COVID-19 and Brexit. These include a new €20 million ‘Ready for Customs’ support scheme which is part of the Government’s €5 billion July Stimulus package. Enterprise Ireland are rolling out this new...

Written Answers — Department of Trade, Enterprise and Employment: Covid-19 Pandemic Supports (29 Sep 2020)

Leo Varadkar: I propose to take Questions Nos. 159 to 161, inclusive, together. I recognise that the business events industry comprises numerous and diverse industry sectors such as conference organisers, music events and hospitality, exhibitions and trade shows, theatre and arts, as well as ancillary services such as travel and tours. There can be no doubt about the difficulties these sectors have...

Written Answers — Department of Trade, Enterprise and Employment: Covid-19 Pandemic Supports (29 Sep 2020)

Leo Varadkar: ..., to transition to new opportunities as soon as possible. On 23 July the Government announced the July Stimulus Package, a substantial financial package to stimulate our economy worth more than €5 billion, with an additional €2 billion in loan guarantees. These new measures are in addition to those already announced since the onset of the Pandemic, including the...

Written Answers — Department of Trade, Enterprise and Employment: Covid-19 Pandemic Supports (29 Sep 2020)

Leo Varadkar: ...provided a mix of supports, ranging from direct grants, to loans and equity support. The July Stimulus is a substantial financial package to stimulate our economy. It is worth more than €5 billion, with an additional €2 billion in loan guarantees. It is bigger in scale than most budgets and will be deployed at speed. The July Stimulus is designed to help businesses to open,...

Written Answers — Department of Trade, Enterprise and Employment: Microfinance Loan Fund Scheme (17 Sep 2020)

Leo Varadkar: ...which have been impacted negatively by Covid-19 and includes a six-month repayment free moratorium and the equivalent of one-year interest free (subject to terms and conditions), with rates as low as 4.5% for the remaining period of the loan. I recently introduced the Microenterprise Loan Fund (Amendment) Bill to provide for increased funding. The Covid-19 Loan scheme has seen a very...

Written Answers — Department of Trade, Enterprise and Employment: Covid-19 Pandemic Supports (15 Sep 2020)

Leo Varadkar: ...that pubs face over and above those of other businesses.In that regard the Government introduced a range of measures to support pubs, bars and nightclubs on 28th August, which amount to a further €16 million support package, recognising the economic impact of Covid-19 on their businesses and to assist planning and adaptation for their re-opening. This €16 million package is...

Written Answers — Department of Jobs, Enterprise and Innovation: Irish Water (8 Sep 2020)

Leo Varadkar: On Thursday 23 July we announced the July Stimulus Package, a substantial financial package to stimulate our economy worth more than €5 billion, with an additional €2 billion in loan guarantees. The July Stimulus is bigger in scale than most budgets and is being deployed at speed. The July Stimulus package is designed to help businesses to open, to help those that are...

Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic (8 Sep 2020)

Leo Varadkar: ...those of other businesses.In that regard the Government introduced a range of measures to support pubs, bars and nightclubs that were announced on 28th August which amounts to a further €16 million support package, recognising the economic impact of Covid-19 on their businesses and to assist planning and adaptation for their re-opening. This €16 million package is in...

Written Answers — Department of Trade, Enterprise and Employment: Covid-19 Pandemic Supports (21 Jul 2020)

Leo Varadkar: Under the terms and conditions of the current Restart Grant scheme and for further clarity, the qualifying criteria is essentially that the applicant business in its totality must not have more than 50 staff overall and have a maximum turnover of €5 million. A business with a number of stores in one Local Authority region or in several, that each has a rates bill, is eligible to...

Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic Supports (14 Jul 2020)

Leo Varadkar: ...include: - the Temporary Wage Subsidy Scheme - under which the Government has invested almost €2 billion in supporting the maintenance of employment across the enterprise sector; - the €250 million Restart Fund to help small businesses to reopen their doors and get back on their feet; - a €2 billion Pandemic Stabilisation and Recovery Fund within the Ireland Strategic...

Written Answers — Department of Jobs, Enterprise and Innovation: Covid-19 Pandemic Supports (14 Jul 2020)

Leo Varadkar: ..., Food and the Marine, and is supported by the InnovFin SME Guarantee facility. The scheme is operated by the SBCI through participating finance providers. It makes available a fund of up to €200 million in lending to eligible businesses that have been negatively affected by impacts arising from the outbreak of Covid-19 to enable those businesses to innovate, change or adapt in...