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# Paschal Donohoe

Last year
2022
Moving income tax credits and bands will improve take-home pay, says Donohoe
The finance minister says Government will use indexation to up peoples’ take-home pay.
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Jun 15th 2022, 3:29 PM
'President Higgins had to come out and call you to account': TDs attack Govt housing policy in Dáil
President Michael D Higgins’ has described Ireland’s housing crisis as a “disaster”.
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Jun 15th 2022, 1:33 PM
Ryan signals need for social welfare and tax changes to get country through 'very difficult period'
Taoiseach has said there will be “a challenging number of months ahead with the cost of living”.
28.9k
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Jun 2nd 2022, 12:46 PM
State's deficit drops by over €6 billion following conclusion of Covid-19 measures
An Exchequer deficit of €1.1 billion was recorded at the end of April, compared with a deficit of €7.6 billion in the same period last year.
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May 5th 2022, 9:44 AM
'We won’t put your granny in prison for burning turf', says Ryan doubling down on no pause comments
A plan to prohibit the sale or distribution of turf will be discussed by government after Easter.
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Updated
Apr 14th 2022, 12:15 PM
Tax receipts climbed in the first three months of 2022 but figures are 'flattered' by Covid
Tax revenues were up over 30% compared with the same period last year when strict public health measures were in place.
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Apr 6th 2022, 2:50 PM
Explainer: Was the USC meant to be a temporary measure?
Some politicians’ stances on the tax have changed over the years.
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49
Feb 15th 2022, 2:44 PM
Government slammed by opposition TDs as board of disabled drivers group resigns
Pearse Doherty and Denis Naughten are among the TDs who have hit out at the government’s handling of the matter.
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Jan 11th 2022, 4:16 PM
Irish corporation tax revenues set to decline from 2023 onwards, says Donohoe
New figures revealed that Irish tax receipts surged to their highest ever level last year at 68.4 billion euro.
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Jan 6th 2022, 12:35 PM
Ireland reports record €68.4 billion tax take for 2021 - an annual increase of almost 20%
That’s according to exchequer returns for December published by the Department of Finance this afternoon.
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Jan 5th 2022, 4:31 PM
All time
State to sell 15% chunk of its AIB stake over the next six months, Donohoe announces
The plan is similar to the one used by the Government to sell part of its remaining bailout-era stake in Bank of Ireland.
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Dec 21st 2021, 8:48 AM
Irish economy to grow by 13.6% by end of 2021, as unemployment rate falls to 7%
The domestic economy is set to have increased by 6.2%, due to an increase in household spending.
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Dec 16th 2021, 9:02 AM
Public finances continue to improve as deficit narrows to €4.9 billion
Finance Minister Paschal Donohoe said the strong tax returns show the “strength of our economic recovery”.
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29
Dec 2nd 2021, 6:57 PM
Government to keep wage subsidy scheme levels 'under review', says minister
The scheme is supporting 289,000 workers and 25,800 employers at cost of €414 million, as of last month, said Donohoe.
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Nov 23rd 2021, 3:59 PM
Paschal Donohoe 'confident no one will undercut us' after Ireland adopts 15% corporate tax
Donohoe said the new rate will allow Ireland to continue to be competitive and an ‘attractive’ place to invest
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Nov 10th 2021, 7:43 PM
Donohoe says Ireland won't lecture US on climate obligations as Treasury Secretary visits Dublin
Janet Yellen was appointed by US President Joe Biden to his Administration in January this year.
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Updated
Nov 1st 2021, 9:33 AM
Hospitality groups express disappointment at ending of reduced VAT rate next August
Finance minister Paschal Donohoe confirmed that the 9% rate will finish – as planned – at the end of August 2022.
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Oct 12th 2021, 6:50 PM
'The world is burning': Donohoe confirms further carbon tax increase by €7.50 per tonne
The increase will take effect from midnight on petrol and diesel.
15.6k
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Oct 12th 2021, 2:15 PM
New zoned land tax branded a 'total joke' by opposition TDs
The tax was announced by Finance Minister Paschal Donohoe this afternoon and will replace the vacant sites levy.
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Oct 12th 2021, 2:00 PM
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.
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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.
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Oct 12th 2021, 9:24 AM
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
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Oct 8th 2021, 10:41 PM
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
19.8k
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Oct 7th 2021, 5:40 PM
‘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.
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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.
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Updated
Sep 14th 2021, 11:01 AM
'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.
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Updated
Sep 1st 2021, 1:40 PM
'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.
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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.
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Aug 5th 2021, 11:44 AM
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.
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Aug 1st 2021, 7:00 AM
Donohoe defends appointment of Zappone as UN special envoy for freedom of expression
Zappone will be assisting Minister Simon Coveney with United Nations business.
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Jul 27th 2021, 4:17 PM
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.
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Jul 27th 2021, 2:51 PM
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
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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.
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Jul 15th 2021, 5:11 PM
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
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Jul 12th 2021, 11:30 AM
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.
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Jul 7th 2021, 3:53 PM
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.
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27
Jul 2nd 2021, 4:53 PM
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.
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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.
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Jun 24th 2021, 6:45 AM
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.
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Jun 11th 2021, 9:18 AM
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.
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Updated
Jun 5th 2021, 5:30 PM
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