Houses of the Oireachtas

All parliamentary debates are now being published on our new website. The publication of debates on this website will cease in December 2018.

Go to oireachtas.ie

Donohoe, Paschal

Tuesday, 4 December 2018

Dáil Éireann Debate
Vol. Nbr.


Property Tax Exemptions

Was asked: his plans to provide relief for local property tax for older persons in areas in which land prices have increased significantly; and if he will make a statement on the matter.More Button

The Government agreed with the recommendation of the 2012 inter-Departmental Group chaired by Dr. Don Thornhill which considered the structures and modalities of a property tax that a universal lia...More Button

The Inter-departmental Group considered the provision of deferrals for households unable to pay the tax or where a payment requirement would cause hardship. Part 12 of the Finance (Local Property...More Button

The property must be the sole or main residence of the liable person and his or her gross income must be below certain thresholds. The thresholds are €15,000 for a single person and €25,000 for ...More Button

Where a liable person does not qualify for, or does not wish to avail of, a deferral, phased payment of LPT can be used to assist with budgeting. The Government is aware of the difficulties facin...More Button

A review of the LPT is currently being finalised that is looking in particular at the impact on LPT liabilities of property price developments. It includes an examination of the outstanding recom...More Button

Departmental Funding

Was asked: the amount of funding and-or grant aid his Department has made to an association (details supplied) from 1 January 2008 to 2017 and to date in 2018; the purpose for which the funding or grant aid w...More Button

My Department has no record of making any funding and or grant aid to the Football Association of Ireland from 1 January 2008 to 2017 and to date in 2018.More Button

Vehicle Registration Data

Was asked: the number of cars registered for vehicle registration tax that are purchased for the purposes of car rental and qualified for the VAT rebate each month in 2017 and to date in 2018; and if he will...More Button

I am advised by Revenue that the number of cars registered for Vehicle Registration Tax (VRT) availing of VAT rebate is not directly available from Revenue’s IT systems, as traders are not required...More Button

Banking Sector Regulation

Was asked: the number of European Central Bank on-site inspections of financial institutions here in 2015, 2016 and 2017; the number carried out by ECB staff; the number carried out by the Central Bank of Ire...More Button

The European Central Bank (ECB) is responsible for all core supervisory responsibilities as defined in the Council Regulation (EU) No. 1024/2013 (SSMR). For Significant Institutions, a Joint Superv...More Button

Departmental Contracts Data

Was asked: the external consultant reports commissioned by his Department in each of the years March 2011 to 2017 and to date in 2018; the cost of same; the company involved; and the title and the publication...More Button

In response to the Deputy's question, I have included the requested information in relation to external consultant reports commissioned by my Department since 2011 in the following table.

More Button

Was asked: the external consultant reports commissioned by his Department in each of the years from March 2011 to 2017, and to date in 2018; the cost of same; the company involved; and the report title and pu...More Button

In response to the Deputy's question, the consultant reports commissioned by my Department since March 2011 are listed in the following table.

More Button

Was asked: the number of contracts and-or tenders that have been awarded to a company (details supplied); the value of these contracts, that is, the amount the company has been paid; the services the contract...More Button

My Department does not have any contracts with the company in question.More Button

VAT Yield

Was asked: the amount of VAT collected from forms of gambling that are subject to VAT in 2016, 2017 and to date in 2018; and if he will make a statement on the matter.More Button

I am advised by the Revenue Commissioners that traders are not required to separately identify the yield generated from a particular activity or product type on their VAT return. Therefore, it is n...More Button

Central Bank of Ireland

Was asked: the location of Ireland’s gold reserves; his plans to move these reserves onto the island of Ireland in the event of Brexit; and if he will make a statement on the matter.More Button

Ireland’s gold reserves are held at the Bank of England. In accordance with Article 127(2) of the Treaty on the Functioning of the European Union and Article 3.1 of the Statute of the European Syst...More Button

Insurance Industry

Was asked: if there are rules in place obliging life insurance providers to retain policy records for a certain number of years after the final transaction on the insurance account; and if he will make a stat...More Button

As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation. I have no role in day to day supervision of the insurance industry, as this is ...More Button

I am informed by the Central Bank of Ireland that Chapter 11 of the Code contains a number of record keeping requirements for regulated entities which includes insurance undertakings and insuranc...More Button

Home Building Finance Ireland Establishment

Was asked: the status of the operation of the home building finance Ireland,HBFI, scheme; the way in which it is planned that apartment owners or management companies can apply for loans to enable them to und...More Button

Home Building Finance Ireland (HBFI) is being established as one of a number of measures to address the housing crisis. It will provide a source of funding for small to medium sized residential dev...More Button

It is important to emphasise that in order for HBFI’s activities to comply with State aid rules it must operate on a commercial basis. This means, for example, that HBFI will not be in a position...More Button

It is important to recognise that the funding of remediation works are complex and high risk projects and pose significant issues for lenders in relation to access to appropriate security etc. Wh...More Button

Strategic Banking Corporation of Ireland

Was asked: if there is an independent complaints mechanism for persons or companies wishing to make complaints against the Strategic Banking Corporation of Ireland, SBCI; and if he will make a statement on th...More Button

The Strategic Banking Corporation of Ireland (SBCI) is Ireland’s national promotional institution with a mandate to deliver effective financial supports to Irish SMEs. I am advised that complaints ...More Button

Was asked: the funding available for loans and credit insurance, respectively, by strategic banking Ireland; the number of applications received since its establishment in respect of each of the categories; t...More Button

I presume the Deputy is referring to the Strategic Banking Corporation of Ireland, the SBCI. The SBCI is Ireland’s national promotional institution for SMEs. The SBCI does not provide financing d...More Button

The strategic mission of the SBCI is to deliver effective financial supports to Irish SMEs. The SBCI achieves this through the provision of low cost liquidity and risk-sharing activities, which ...More Button

In respect of the figures sought by the Deputy, I am advised that the SBCI does not obtain details of the number of applications for loans made to its on-lending partners and does not receive loa...More Button

At the end of March 2018, the total volume of SBCI supported lending activity through eight on-lending partners, including loans made under the SBCI’s risk-sharing guarantee schemes, was €972 mil...More Button

The Agriculture Cashflow Support Loan Scheme and the Brexit Loan Scheme are the SBCI’s two major risk-sharing guarantee Schemes. More Button

Under the Agriculture Cashflow Support Loan Scheme, which has now concluded, a total of approximately €145 million of loans were drawn down by over 4,200 SMES. These loans were made available th...More Button

Up to €300 million of funding to SMEs and small MidCaps is currently available under the Brexit Loan Scheme. There is a two-stage application process for this funding. First, businesses must ap...More Button

Since the launch of the Brexit Loan Scheme on 28 March 2018 to 23 November 2018, the SBCI has received 307 applications. Of these, 270 have been deemed eligible to proceed to one of the particip...More Button

The SBCI also operates the Credit Guarantee Scheme on behalf of the Minister for Business, Enterprise and Innovation. In the last two years, loans of €28.7 million have been supported under the S...More Button

The Central Bank of Ireland’s “Code of Conduct for Business Lending to Small and Medium Enterprises” applies to applications made to the SBCI’s on-lenders that are regulated entities by the Centr...More Button

VAT Rate Increases

Was asked: the position regarding the VAT increase and its expected negative impact on small businesses here; and if he will make a statement on the matter.More Button

The 9% VAT rate was introduced as a temporary measure in Finance (No. 2) Act 2011, to cease at the end of 2013. This period was subsequently extended but during last year’s Finance Bill a commitme...More Button

The Review of the 9% VAT rate found that tourism expenditure is more sensitive to income growth and the economic cycle than to price changes. The economy is currently performing well, with high ...More Button

In this context, it is believed that the VAT rating applied to the tourism sector should not greatly impact demand, or employment, in the sector.More Button

Ministerial Functions

Was asked: the public events he attended, by county, since 1 May 2018 and to date in 2018; and if he will make a statement on the matter. More Button

I wish to advise the Deputy that details of public events I attend are available in my diary which is published on my Department's website at www.finance.gov.ie.More Button

Property Tax Review

Was asked: the status of the review of the local property tax; and when homeowners can expect changes in their liability.More Button

The report of the review of the LPT is currently being finalised in conjunction with the Departments of the Taoiseach, Public Expenditure and Reform, Housing Planning and Local Government, and the ...More Button

Insurance Industry Regulation

Was asked: if the next payment to claimants of a company (details supplied) will be in February 2019; and if he will make a statement on the matter.More Button

Setanta Insurance was placed into liquidation by the Malta Financial Services Authority on 30 April 2014. As it was a Maltese incorporated company, the liquidation is being carried out under Malte...More Button

Disabled Drivers and Passengers Scheme

Was asked: the number of applications received for the disabled drivers and disabled passengers tax concessions scheme in each of the past seven years; and the number of successful and unsuccessful applicatio...More Button

I am advised by Revenue that the following table includes the total number of applications received, approved (successful) and rejected (unsuccessful) under the Disabled Drivers and Disabled Passen...More Button

Was asked: his views on the eligibility criteria for the disabled drivers and disabled passengers tax concession scheme; and his further views on whether the qualification criteria for the scheme are outdated.More Button

As you may be aware, the Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provides relief from VAT and VRT (up to a certain limit) on the purchase of an adapted car for transport o...More Button

Tax Code

Was asked: the specific professions that had their flat rate expenses regime reviewed recently; if the proposed changes are due to come into effect as of 1 January 2020; if all professions are under review; i...More Button

I refer the Deputy to my replies to recent Parliamentary Questions from him on this matter (Nos. 164 and 158 of 13 November, No. 7 of 22 November, and No. 179 of 20 November). The review of flat r...More Button

All 53 employment categories which benefit from the regime are being reviewed.More Button

Was asked: the estimated cost of indexing all tax thresholds and credits by each band or credit based on wage inflation of 3.8% for the next five years.More Button

As indicated in my previous reply to the Deputy in response to Parliamentary Questions 54 and 55 on 22 November 2018, the Revenue Ready Reckoner presents, on page 10, a table showing the estimated ...More Button

Was asked: the number of HAP payments made to section 23 properties in each of the past three years; and if he will make a statement on the matter.More Button

I am advised by Revenue that it can provide details on the numbers of cases that are in receipt of relief under Chapter 11 of Part 10 of the Taxes Consolidation Act 1997, commonly referred to as “S...More Button

Revenue advise that they expect to be able to give me the information that the Deputy has asked for very shortly. I will furnish that information to him as soon as is practicable after that.More Button

Departmental Contracts

Was asked: the number of contracts and-or tenders that have been awarded to a company (details supplied); the amount the company has been paid; the services the contracts were for; and the number of public se...More Button

In response to the Deputy’s question, my Department has not awarded any contracts or tenders to the company in question.More Button

Mortgage Lending

Was asked: further to Parliamentary Question No. 152 of 27 November 2018, the number of principal dwelling home loans for first-time buyers, FTBs, and second and subsequent buyers, SSBs, for each month since ...More Button

The Central Bank advises that the macro-prudential mortgage lending rules are formulated on the basis of housing loans made by mortgage lenders. Therefore, lenders are required to report to the Ban...More Button

Financial Services Regulation

Was asked: the number of illegal moneylenders that have been prosecuted in the past ten years; and if he will make a statement on the matter.More Button

Was asked: the number of authorised moneylenders; the number in each of the years 2014 to 2017; the name of each and the counties in which they operate; and if he will make a statement on the matter.More Button

Was asked: his plans to legislate to place a cap on the rates that can be charged by moneylenders; the way in which to ascertain the interest rates they charge; and if he will make a statement on the matter.More Button

Was asked: the number of cases in which a licensed moneylender was found to be charging an APR in excess of the associated maximum APR in the Central Bank's moneylender register; if the maximum APR in that re...More Button

I propose to take Questions Nos. 152 and 154 to 156, inclusive, together.

  The Central Bank regulates the licensed moneylender sector. It is, of course, a criminal offence for a...More Button

Illegal Moneylenders

Was asked: the steps he is taking to tackle the problem of illegal moneylenders; and if he will make a statement on the matter.More Button

The Central Bank regulates the licensed moneylender sector. As of 27 November 2018, 39 firms are included on the Moneylender register with the Central Bank. This can be viewed from More Button

  Questions Nos. 154 to 156, inclusive, answered with Question No. 152.More Button

Credit Union Regulation

Was asked: if he has the power to increase the 1% per month interest limit for the credit union sector; if this power is vested in the Central Bank; his plans to increase the limit to 2% to better enable cred...More Button

Section 38 1(a) of the Credit Union Act 1997 prescribes that the interest on a Credit Union loan shall not at any time exceed 1% per month. I can confirm that the power to increase this cap has no...More Button

As the Deputy may be aware the interest rate ceiling on Credit Union loans has been subject to recent discussion in a number of fora.More Button

Firstly, the Credit Union Advisory Committee (CUAC) - the statutory committee whose function is to advise the Minister for Finance in relation to matters relating to credit unions - published a p...More Button

Secondly, the CUAC Report Implementation Group - a group established to oversee and monitor the implementation of recommendations from the CUAC report - has also considered the issue of increasin...More Button

Finally, I should also note that the CUAC recommendation on the interest rate cap is aligned with a similar recommendation that has been put forward recently in the "Interest Rate Restrictions on...More Button

Tax Yield

Was asked: the estimated full-year cost of the increases to the standard rate cut-off point to €50,000 over the next five years (details supplied). More Button

I am advised by Revenue that the estimated full year cost of increasing the standard rate cut off point for all income tax bands by €14,700 which would bring it to €50,000 for a single person and €...More Button

This estimated figure has been generated by the Revenue cost model by reference to projected 2019 incomes, calculated on the basis of actual data for the year 2016, the latest year for which retu...More Button

Revenue does not provide cost estimates beyond the tax year 2019.More Button

Prize Bonds

Was asked: the prize fund available under the national prize bond scheme; his plans to increase the prize fund; and if he will make a statement on the matter.More Button

The National Treasury Management Agency (NTMA) has informed me that they set the variable percentage rate used to calculate the prize fund available under the National Prize Bond Scheme. Effective...More Button

Film Industry Tax Reliefs

Was asked: when EU approval will be secured to implement the regional uplift aspect of the film tax relief provided for in the Finance Bill 2018; and if he will make a statement on the matter.More Button

Section 481 TCA 1997 provides a 32% payable credit for eligible expenditure on film production in Ireland. It is available to Irish and international film production companies that are resident in ...More Button

Irish Fiscal Advisory Council Reports

Was asked: if he has received the recent report from the Irish Fiscal Advisory Council.More Button

I assume the report the Deputy is referring to is the Fiscal Assessment Report (FAR) published by the Irish Fiscal Advisory Council on Wednesday 28 November. I have received it and would make a few...More Button

I note the Council's endorsement of my Department’s economic forecasts for 2018 and 2019 that underpin the Budgetary arithmetic. I would also draw attention to the fact that, last month, the Euro...More Button

The best way to mitigate these risks is to carefully manage the public finances and to ensure our economy remains competitive. That is what the Government has done in the Budget through the elimi...More Button

I acknowledge the Council’s assertion that Ireland’s debt burden remains high. My Department publishes an Annual Debt Report to highlight this issue and I want to reiterate that reducing public d...More Button

Finally, it should be noted that I am in the process of drafting my formal response to the FAR which will be published in due course.More Button

Employment Investment Incentive Scheme

Was asked: further to Parliamentary Question No. 114 of 29 November 2017, the estimated cost of adapting the employment investment incentive scheme (details supplied) in tabular form.More Button

I am informed by the Revenue that based on 2016 data, the estimated cost to the Exchequer from increasing the current allowable tax relief cap of €150,000 available to an individual investor under ...More Button

Corporation Tax Regime

Was asked: the cost to date of the decision to allow some companies continue to use the "double Irish" until 2020; the number of companies using the scheme; the estimated net extra revenue if the close date w...More Button

The Finance Act 2014 amended the company residence rules in section 23A to provide that an Irish incorporated company would be regarded as resident for tax purposes in the State. In essence, the ch...More Button

As my predecessor has clearly stated in the past, the ‘double Irish’ was not part of the Irish tax offering. It was just one example of the many international tax-planning arrangements which have...More Button

We are already seeing evidence of US companies recognising a tax charge and paying tax in the US in respect of historic profits as a result of US tax reform. I believe the changes introduced, com...More Button

The amendment in Finance Act 2014 was brought into effect for new companies incorporated after 1 January 2015. To ensure that this change did not negatively impact on other related group compani...More Button

I am informed by Revenue that, as the so-called ‘double Irish’ structure is not part of the Irish tax code, Revenue does not have a register of companies incorporated but not tax-resident in Irel...More Button

Superannuation Schemes

Was asked: the number of injury warrants paid in the past five years; if there are conditions attached to these injury warrants; the range of conditions that must be met before qualifying for a warrant; the r...More Button

The Civil Service Injury Warrants are a series of statutory instruments made under the Superannuation Acts. They provide additional benefits over and above normal pension entitlements, to or in res...More Button

State Properties Data

Was asked: the number of State owned properties that are unoccupied; the cost associated with the maintenance and security of same; the number of properties rented by the State from private landlords; the cos...More Button

There are currently 96 State owned properties which are unoccupied. Of these properties, 50 are Garda Stations that were closed under the 2012/2013 Policing Plans of An Garda Siochana. Of the rem...More Button

Was asked: the estimated number of State owned properties eligible for the vacant site levy; the estimated liability to be paid in 2019; and if he will make a statement on the matter.More Button

I have been advised by my officials that the Office of Public Works has been notified that Kilkenny County Council has placed the former Garda station at Barrack Street, Castlecomer, Co. Kilkenny o...More Button

Departmental Staff Data

Was asked: the number of staff in the Office of the Government Chief Information Officer in each of the years from 2013 to 2017, and to date in 2018; and if he will make a statement on the matter. More Button

Was asked: the number of persons who have held the position of Government Chief Information Officer in each of the years from 2013 to 2017 and to date in 2018; and if he will make a statement on the matter. More Button

I propose to take Questions Nos. 169 and 170 together.

  The position of Government Chief Information Officer was established in June 2013. Following this appointment the Office...More Button

Heritage Sites

Was asked: if he will liaise with the local authority to formulate a plan for the refurbishment and ongoing use of the historical building further to repair work done to the roof of a building (details suppli...More Button

Ministerial Meetings

Was asked: the public events he attended by county since 1 May 2018 and to date in 2018; and if he will make a statement on the matter.More Button

I wish to advise the Deputy that details of the public events that I have attended are available in my diary which is published on my Department's website at More Button

Coastal Erosion

Was asked: the position regarding the report that has been prepared in respect of coastal erosion across all 19 local authorities in which coastlines are under threat from erosion; and if he will make a state...More Button

Coastal Protection

Was asked: the cost of the recent erection of the new promenade and coastal protection and rock armour in Laytown, County Meath; and if he will make a statement on the matter.More Button

Was asked: the amount allocated to Meath County Council for the new promenade and coastal protection and rock armour recently erected in Laytown, County Meath; and if he will make a statement on the matter.More Button

Brexit Issues

Was asked: the funding his Department, including the Office of Public Works, has allocated in each year and expended since June 2016 on upgrading infrastructure at Dublin and Rosslare ports to prepare for the...More Button

No funding has been allocated to date by the Department of Public Expenditure & Reform or the Office of Public Works on upgrading infrastructure at Dublin and Rosslare ports to prepare for the poss...More Button

Proposed Legislation

Was asked: when he expects to publish and introduce the Civil Service Regulation (Amendment) Bill; and if he will make a statement on the matter.More Button

The primary purpose of Civil Service Regulation (Amendment) Bill is to allow management decisions around serious disciplinary sanctions, up to and including dismissal, to be devolved in the civil s...More Button

State Properties

Was asked: the amount spent on the upkeep, staffing and event costs for a building (details supplied) in each of the past five years; and if he will make a statement on the matter.More Button

Steward's House is managed as part of the estate of Farmleigh and as such, it does not have dedicated staff and annual costs are not apportioned specifically to the property.

  T...More Button

Flood Relief Schemes

Was asked: if the north quay, Drogheda, will be included in scheduled flood relief works in County Louth; and if he will make a statement on the matter.More Button


 

 

www.Oireachtas.ie

Houses of the Oireachtas Service, Leinster House, Dublin 2. Ph: +353 1 618 3000

- Government Website - Privacy Policy - Accessibility - Copyright and Re-Use