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Saturday 2 December 2023 Dublin: 2°C

# Paschal Donohoe

All time
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.
Biden administration could 'heighten' US engagement on global tax reform, says Paschal Donohoe
Donohoe was speaking at the launch of an update to Ireland’s corporation tax roadmap.
New deal: Private hospitals agree to provide 30% capacity as 1,180 people hospitalised with Covid-19
109 people are being treated in ICU.
Ministers confident of financial 'firepower' to withstand Covid-19 in 2021 despite €19 billion deficit last year
The deficit is compared to a pre-pandemic predicted surplus for the year of €2.5 billion.
Pandemic Unemployment Payment is subject to income tax, Dáil Finance Committee agrees
The Committee voted in favour of the Finance Bill clause this afternoon.
US 'deeply concerned' about EU data ruling, says Trump's Commerce Secretary
Ross was opening a roundtable discussion on the future of Irish-American economic relations
Ulster Bank tells Donohoe 'no decision' yet taken on its future amid reports it could be wound down
The Minister for Finance met with representatives from Ulster Bank today.
O'Brien says 'blanket' eviction ban to take effect while government will engage with banks on mortgage breaks
Sinn Féin’s Pearse Doherty said today that engaging with the banks on mortgage breaks is the “least the minister of finance should do”.
Morning Memo: The morning after a bonanza Budget and spotlight on the IMF's latest global forecast
Few big ideas but the government tried to treat the symptoms in Budget 2021.
Stay and Spend Scheme 'here to stay', say ministers
Sinn Féin has called for vouchers to be given to people to spend in restaurants.
Explainer: How will motorists be affected by today's Budget announcements?
A major overhaul of the VRT system was announced in today’s Budget.
Most people on the Pandemic Unemployment Payment will get a Christmas bonus
The announcement that those on the PUP in December will receive a Christmas bonus was part of Budget 2021 announced today.
Carbon tax: Petrol and diesel prices set to increase from midnight tonight
The changes were announced by Finance Minister Paschal Donohoe this afternoon.
Incomings and outgoings: Here is a very (very) basic guide to the State's finances
How has Covid hit the State coffers so far?
Budget 2021 will be revealed today - here's a look at how things will unfold
Today the biggest budget in the history of the State will be revealed – here’s what we know.
Just a few days out from the Budget, what can we expect?
All will be revealed on Tuesday.
Finance Minister issues stark warning about what Level 5 would mean for unemployment
Paschal Donohoe says this is his greatest concern in relation to possible restrictions.
Government raids €1.5bn rainy day fund for Budget 2021
The fund can only used to mitigate severe events – such as a pandemic.
Exchequer deficit for 2020 now €9.4bn as Finance Minister reaffirms pledge of no income tax increase in Budget
Overall, tax receipts have remained strong despite the Covid-19 pandemic.
Received the PUP or Covid wage subsidy? Here's how you can pay back your income tax
Paschal Donohoe says 37,000 employers have signed up for the new wage subsidy scheme.
European Commission to appeal €14.3 billion Apple and Ireland tax ruling
The legal row stems from an EU investigation into Apple’s Irish tax structures.
Taxpayers won't face higher property tax bills for 2021
The valuation date for local property tax has been deferred until 1 November 2021, said the Minister for Finance, Paschal Donohoe.