# Paschal Donohoe

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.

12.9k

Oct 12th 2021, 1:43 PM

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.

51.3k

Oct 12th 2021, 9:24 AM

# NAMA

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.

25.4k

Oct 8th 2021, 10:41 PM

# Taxing matters

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.

19.8k

Oct 7th 2021, 5:40 PM

# high street voucher

‘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.

22.9k

Sep 29th 2021, 12:05 AM

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.

26.4k

Updated

Sep 14th 2021, 11:01 AM

# Zapponegate

'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.

28.8k

Updated

Sep 1st 2021, 1:40 PM

# Daft Report

'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.

31.0k

Aug 10th 2021, 12:05 AM

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.

15.6k

Aug 5th 2021, 11:44 AM

# accountability regime

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.

18.7k

Aug 1st 2021, 7:00 AM

# New Job

Donohoe defends appointment of Zappone as UN special envoy for freedom of expression

Zappone will be assisting Minister Simon Coveney with United Nations business.

40.8k

Jul 27th 2021, 4:17 PM

# heads of bill

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.

13.6k

Jul 27th 2021, 2:51 PM

# fully vaccinated

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

57.2k

Updated

Jul 20th 2021, 7:50 PM

Is housing the 'big winner' from the Government's Summer Economic Statement?

Housing looms large in the Government’s budgetary thinking at the moment.

17.3k

Jul 15th 2021, 5:11 PM

# Taxing Issues

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

13.3k

Jul 12th 2021, 11:30 AM

# Mica Scandal

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.

14.2k

Jul 7th 2021, 3:53 PM

# A taxing matter

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.

18.2k

Jul 2nd 2021, 4:53 PM

# OECD

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.

28.7k

Jul 1st 2021, 7:13 PM

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.

16.5k

Jun 24th 2021, 6:45 AM

# Corporation Tax

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.

15.1k

Jun 11th 2021, 9:18 AM

# corporate tax rate

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.

44.1k

Updated

Jun 5th 2021, 5:30 PM

# 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.

38.5k

Updated

Jun 4th 2021, 6:55 PM

# valuation once again

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

37.2k

Jun 2nd 2021, 10:00 PM

# LPT

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.

157k

125

Jun 2nd 2021, 11:25 AM

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.

32.8k

Jun 2nd 2021, 12:05 AM

# Morning Memo

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.

8.5k

May 26th 2021, 10:45 AM

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”.

10.7k

May 19th 2021, 11:43 AM

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.

38.1k

May 18th 2021, 7:15 AM

'Lingering resentment': Public trust in Irish banks remains low after 2008

But trust levels have improved substantially among younger customers since the crash.

12.6k

May 17th 2021, 2:19 PM

# Housing Crisis

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.

11.5k

May 11th 2021, 8:10 PM

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”.

28.5k

113

May 7th 2021, 12:05 AM

# cuckoo funds

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”.

26.3k

May 5th 2021, 1:52 PM

# Exchequer Returns

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.

28.2k

Apr 6th 2021, 6:38 PM

# Central Bank

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.

8.8k

Mar 9th 2021, 9:54 AM

# community banking

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.

25.3k

Mar 6th 2021, 9:30 AM

# fined

Stockbrokers Davy apologise for 'failures' after €4.1 million Central Bank fine

The Central Bank announced the fine levied against Davy yesterday.

15.3k

Mar 3rd 2021, 8:18 PM