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Wednesday 27 September 2023 Dublin: 15°C

# Paschal Donohoe

All time
Pandemic wage subsidy scheme to be extended to April 2022, Donohoe confirms
The Employment Wage Subsidy Scheme will be closed to new entrants in January.
Budget 2022 will be revealed today - here's a look at how things will unfold
Politicians are back in Leinster House for this year’s Budget.
NAMA makes €4.4 million payments to Revenue as part of two unprompted voluntary disclosures
Minister for Finance Paschal Donohoe confirmed the figures in a written Dáil reply.
Explainer: Why is Ireland about to raise its corporation tax rate from 12.5% to 15%?
It could be 2023 or 2024 by the time the new rules are actually implemented.
After months of negotiating, the Government is expected to sign Ireland up to a new 15% global minimum rate of corporation tax.
There is considerable uncertainty about what the changes will mean for the Irish economy and public finances.
But it could be 2023 or 2024 by the time the new rules are actually implemented.
Ireland's corporation tax receipts set to take a hit under new rules and fall by up to €2bn
Ireland's corporation tax take expected to rise again this year, but Donohoe admits it can't be relied upon in future
‘Give it to those that suffered most’: Should a NI-style £100 voucher be introduced in Ireland?
Adults in Northern Ireland are being given free £100 vouchers which have to be spent before the end of November.
Adults in Northern Ireland are being given free £100 vouchers to be spent before the end of November.
Sinn Féin is among those calling on the Government to create a similar initiative.
Stakeholders have raised some doubts about the programme, reports Céimin Burke.
Government should abandon plans for 'unaffordable tax cuts', says ICTU
Instead, Budget 2022 should prioritise spending on public services including early years care.
"Permanent tax cuts" set out in the Summer Economic Statement are "unjustified", ICTU says.
Instead, Budget 2022 should prioritise spending on public services including early years care.
Government should phase out various reliefs related to Capital Acquisitions and Local Property taxes.
'I've been hacked': Coveney says he is being 'prudent' by clearing his phone regularly
Simon Coveney said yesterday that Katherine Zappone did not lobby him for a job.
'Chronic and worsening' supply crisis heaps pressure on renters as prices climb sharply
Just 789 homes were available to rent outside of Dublin on 1 August.
Average rental prices increased by 5.6% in the year to the end of June.
The average national monthly rent was up 2.4% from the first quarter, the largest quarterly gain since mid-2018.
The situation is more acute outside of Dublin with rents increasing typically at double-digit rates.
Any return of bonuses for top bankers 'would not be acceptable' to staff and public
The FSU has sought a meeting with Paschal Donohoe over plans to sell the State’s stake in Bank of Ireland.
Explainer: How does a new set of rules aim to make life tougher for rogue bankers?
Draft legislation published this week aims to give the Central Bank more power to target individuals.
Donohoe defends appointment of Zappone as UN special envoy for freedom of expression
Zappone will be assisting Minister Simon Coveney with United Nations business.
Accountability regime for top bankers 'to be in place within 18 months'
The new laws will give the Central Bank more power to tackle individuals for wrongdoing.
Time limits on indoor dining set to be scrapped, but 11.30pm closing time to remain
Government officials will meet later today with representatives from the restaurant and pub sectors.
Cabinet will meet tomorrow with 26 July still the target date for full reopening.
CO2 monitors will be used in restaurants.
Unvaccinated children can accompany adults as long as their table is 2m away from others
Cabinet meets on Wednesday with final sign off on indoor dining reopening expected
Government aims to reopen indoor hospitality on 26 July
Is housing the 'big winner' from the Government's Summer Economic Statement?
Housing looms large in the Government’s budgetary thinking at the moment.
Under pressure to commit Ireland to corporation tax hike, Donohoe meets with US Treasury secretary Yellen
One of just three EU member states to oppose the international agreement
Houses damaged by mica will be exempt from Local Property Tax for six years, says Paschal Donohoe
No local authority will be worse off as a result of changes to the tax, Donohoe said.
Ireland is holding out on the historic global deal on corporate tax. Why? And at what cost?
Ireland is one of just nine countries out of 139 to reject the deal.
Global corporation tax reform deal backed by 130 nations - but not Ireland
Global companies would be taxed at a rate of at least 15% if the deal is implemented.
Banking on the short-term — The government is selling 'part' of its 13.9% stake in Bank of Ireland. But why now?
Finance minister Paschal Donohoe announced the six-month sale process yesterday.
G7 countries move closer to 15% corporation tax plan as Finance Minister defends Ireland's 12.5% rate
Paschal Donohoe said he wanted to keep Ireland’s rate to “maintain and grow” employment.
Donohoe says government could lose up to €2.2bn a year in corporate tax revenue if G7 deal implemented
Finance Ministers of the world’s seven richest economies agreed to commit to a global minimum corporate tax rate of 15% at the G7.
G7 leaders say a deal on minimum corporate tax rate of 15% 'in sight'
Paschal Donohoe attended the G7 summit as Irish tax practices were put in the spotlight over a $315bn Microsoft profit.
Explainer: What will the changes to the Local Property Tax mean for your yearly bill?
All properties are set to be revalued for the charge on 1 November.
Owners of homes built since 2013 will be brought into the LPT net
Just over a third of people will see an increased charge, over half will see no change
The bands have been widened to account for surging house prices
Michael Pidgeon: Why the left - including Sinn Féin - should support property taxes
People who have bought new homes since 2013 will now have to pay property tax
Here are the new Local Property Tax bands
Most of those who face an increase in the tax will pay an extra €90 per year, Finance Minister Paschal Donohoe said.
Local property tax surcharge for vacant properties under consideration as system set to be overhauled
The majority of homeowners will see a €90 increase in their tax bill next year.
Ireland's budgetary watchdog barks over 'large, permanent increases' in government spending
Details about the cost of reforms like Sláintecare are thin on the ground beyond 2021, IFAC says.
Donohoe says government's new housing measures will act as 'strong deterrent' to cuckoo funds
The opposition, however, doesn’t agree and the plans have been described as a “too little, too late”.
Over 25,000 people sign petition calling for government to scrap tax breaks for cuckoo funds
Cabinet is set to discuss proposals on housing today.
'Lingering resentment': Public trust in Irish banks remains low after 2008
But trust levels have improved substantially among younger customers since the crash.
Ministers meet to discuss cuckoo funds proposals but no definitive timeline yet on crackdown measures
It could be a “number of weeks” before new measures are announced, say sources.
Fianna Fáil's message to itself: Deliver housing now or face extinction at the next election
The FF parliamentary party meeting was told that the party was “drowning in the shadows of Fine Gael housing policy”.
Investment funds buying whole estates is 'undesirable' and the government needs to act, says Leo Varadkar
Housing Minister Darragh O’Brien says a Bill he introduced in 2019 on the issue is “still valid”.
Paschal Donohoe defends Ireland's corporation tax rate after US treasury secretary's remarks
Ireland’s budget deficit increased by nearly €4.2 billion in the first quarter of 2021.
Central Bank to tell committee stronger regulatory framework needed in wake of Davy controversy
The scandal has led to fierce criticism of the firm, and its CEO resigned at the weekend.
A new public banking system in Ireland? The Government is being asked to revisit the idea
Green Party and Fianna Fáil TDs are calling for the government to revisit the idea of community banking.
Stockbrokers Davy apologise for 'failures' after €4.1 million Central Bank fine
The Central Bank announced the fine levied against Davy yesterday.
'A landmark deal': AIB agrees to buy stockbrokers Goodbody for €138 million
The bank says the move will diversify its revenue streams and address gaps in its customer offerings.
Finance Minister 'looking at ways' to keep money saved by people during pandemic in this country
Paschal Donohoe also stressed the vaccine roll-out as ‘biggest driver’ of Ireland’s economy this year and next.
January tax revenue down almost €520 million on same month last year
An exchequer surplus was recorded last month, but the government said this will be “entirely reversed” in February.
Paschal Donohoe: Irish economy to make ‘good recovery’ despite €35 billion rise in national debt
The Covid-19 pandemic has driven a rise in the country’s level of debt.