Results 141-160 of 1,718 for long speaker:Paschal Donohoe

Written Answers — Department of Finance: Housing Policy (22 Sep 2022)

Paschal Donohoe: ...of our property-related tax receipts meant that very painful public expenditure measures were necessary to return the public finances to a stable position. One of the areas to suffer the most severe cuts was public investment, with long-lasting implications for both growth potential and the provision of public services. The Government is determined to ensure that history is not repeated in...

Written Answers — Department of Finance: Tax Code (22 Sep 2022)

Paschal Donohoe: As the Deputy will be aware, it is a long-standing practice that the Minister for Finance does not comment, in advance of the Budget, on any tax matters that might be the subject of Budget decision. Currently newspapers are subject to a 9% VAT rate. It is acknowledged that Annex III of the VAT Directive which determines what products and services can fall into the reduced rate categories...

Written Answers — Department of Finance: EU Meetings (22 Sep 2022)

Paschal Donohoe: ...we discussed Russia’s war of aggression against Ukraine and Ukraine’s ongoing financial needs. The discussion focused on the role of the EU and its contributions to Ukraine’s short and long-term financing needs. The discussion also encouraged international partners to continue providing support to Ukraine, so that macroeconomic stability is maintained and economic...

Written Answers — Department of Finance: Tax Code (22 Sep 2022)

Paschal Donohoe: I propose to take Questions Nos. 119 and 131 together. As the Deputy will be aware, it is a long-standing practice that the Minister for Finance does not comment, in advance of the Budget, on any tax matters that might be the subject of Budget decision.

Written Answers — Department of Finance: Tax Code (22 Sep 2022)

Paschal Donohoe: As the Deputy will be aware, it is a long-standing practice that the Minister for Finance does not comment, in advance of the Budget, on any tax matters that might be the subject of Budget decision. I am advised by the Revenue Commissioners that traders are not required to separately identify the VAT yield generated from a particular product type or activity on their VAT returns....

Written Answers — Department of Finance: Budget 2023 (22 Sep 2022)

Paschal Donohoe: ...property is for sale, between lettings, undergoing refurbishment, where the property is subject to a probate application or other legal proceedings, holiday homes, or in cases where the owner is in long-term care. In Housing for All, the Government has set out a suite of incentives available to encourage re-use of properties and increase the supply of housing. However, in addition, the...

Written Answers — Department of Finance: Economic Policy (22 Sep 2022)

Paschal Donohoe: ...faced a successive wave of shocks over the last number of years, our resilience and strength ultimately comes from being a dynamic economy open to investment and trade across our borders. This has long proven to be the fundamental strength of the Irish economy, and that remains the case today.

Written Answers — Department of Finance: Tax Code (22 Sep 2022)

Paschal Donohoe: As the Deputy will be aware, it is a long-standing practice of the Minister for Finance not to comment, in advance of the Budget, on any tax matters that might be the subject of Budget decisions.

Written Answers — Department of Finance: Mortgage Interest Rates (22 Sep 2022)

Paschal Donohoe: ...dwelling homes stand to save over €1,000 within the first year if they switch and €10,000 over the remaining mortgage term. The change in the Irish mortgage market to a greater proportion of fixed rate mortgages along with changes to the Consumer Protection Code outlined above will help mortgage holders manage the impact of rising ECB interest rates. In relation to...

Written Answers — Department of Finance: Commission on Taxation (22 Sep 2022)

Paschal Donohoe: ...activity, and promote increased employment and prosperity while ensuring that there are sufficient resources available to meet the costs of the public services and supports in the medium and longer term. The Commission was called on to consider some specific policy matters including reforms to the social insurance system, how the taxation system can support the transition to a low...

Written Answers — Department of Finance: Tax Code (22 Sep 2022)

Paschal Donohoe: As the Deputy will be aware, it is a long-standing practice that the Minister for Finance does not comment, in advance of the Budget, on any tax matters that might be the subject of a Budget decision.

Written Answers — Department of Finance: Pension Provisions (22 Sep 2022)

Paschal Donohoe: ...Pensions Reform and Taxation Group (IDPRTG) was established to carry out a number of tasks set out in the Roadmap for Pensions Reform 2018 -2023. The Roadmap set out the need to promote long-term pension saving to address income adequacy in retirement, in particular for low income earners. The IDPRTG is chaired by the Department of Finance, and includes representatives from the Department...

Written Answers — Department of Finance: Vacant Properties (22 Sep 2022)

Paschal Donohoe: ...; (21.7%) and “Holiday Home” (20.4%). Other reasons for vacancy were reported as a property being for sale or between lettings, subject to a probate application or other legal proceedings, or where the owner is in long-term care. The analysis also indicated that levels of vacancy among LPT liable properties are low across all counties and lie within a range that is considered...

Written Answers — Department of Finance: Tax Code (22 Sep 2022)

Paschal Donohoe: As the Deputy will be aware, it is a long-standing practice that the Minister for Finance does not comment, in advance of the Budget, on any tax matters that might be the subject of a Budget decision.

Written Answers — Department of Finance: Tax Code (22 Sep 2022)

Paschal Donohoe: As the Deputy will be aware, it is a long-standing practice that the Minister for Finance does not comment, in advance of the Budget, on any tax matters that might be the subject of a Budget decision.

Written Answers — Department of Finance: Tax Code (22 Sep 2022)

Paschal Donohoe: As the Deputy will be aware, it is a long-standing practice that the Minister for Finance does not comment, in advance of the Budget, on any tax matters that might be the subject of a Budget decision.

Written Answers — Department of Finance: Foreign Direct Investment (22 Sep 2022)

Paschal Donohoe: Ireland has long established itself as a market of choice for foreign direct investment and FDI makes a highly significant contribution to the domestic economy. Ireland’s ability to attract and retain FDI reflects our strong legal and regulatory landscape, our track record as a stable and pro-enterprise jurisdiction, and our talented and flexible workforce. These unique features...

Written Answers — Department of Finance: Fiscal Policy (22 Sep 2022)

Paschal Donohoe: ...principal payments from maturing securities purchased under the Asset Purchase Programme (APP) for an extended period of time past the date when it started raising the key ECB interest rates and, in any case, for as long as necessary to maintain ample liquidity conditions and an appropriate monetary policy stance. As concerns the Pandemic Emergency Purchase Programme (PEPP), the Governing...

Written Answers — Department of Finance: Fiscal Policy (22 Sep 2022)

Paschal Donohoe: While public debt increased sharply during the Covid-19 pandemic, the strides that had been made in the years prior to the crisis, alongside the low interest rate environment, meant that the State could borrow sustainably to mitigate the worst economic impacts of the necessary public health restrictions. Similarly, Ireland’s quick rebound in economic growth following the pandemic,...

Written Answers — Department of Finance: Tax Code (22 Sep 2022)

Paschal Donohoe: I would like thank the Deputy for raising this important issue. From the outset, I would like to reaffirm that I remain fully committed to OECD Agreement. My long-standing position is that the international tax system needs to keep pace with changes in how business is conducted globally, and the overriding premise of the OECD agreement, signed by over 135 countries, is that a global...