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Saturday 1 April 2023 Dublin: 9°C

# Minister For Finance

Last year
# no phones allowed
Government ministers to be banned from using phones at Cabinet meetings from today
The Minister for Finance confirmed the ban this morning,
All time
# corporate tax rate
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
# deferred
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.
# Coronavirus
Dramatic slide in government finances: €6 billion deficit in May compared to €63m last year
The Covid-19 crisis has placed a heavy demand on the country’s finances.
# three days off
Transitioning to 4-day working week in public service could cost at least €3.9 billion, Donohoe says
The government doesn’t appear keen on the prospect of a four-day week in the public service.
# Minister For Finance
Paschal Donohoe says Irish economy is 'well-capable' of withstanding a no-deal Brexit
It’s estimated that there would be 55,000 fewer jobs in Ireland if there’s a no-deal Brexit.
# season of giving
€5m fund means charities can claim VAT relief for the first time from January
Under the scheme, charities will receive a refund of their VAT costs based on the level of non-public funding they receive.
# budget 2019
Haircuts, meals out and Irish hotel stays likely to get more expensive as VAT rate returns to 13.5%
The tax was cut to 9% to stimulate the tourism industry in 2012.
# Tracker Scandal
Minister willing to bring in new laws to punish reckless behaviour of senior bankers
Paschal Donohoe was speaking to the Finance Committee today about the tracker mortgage scandal.
# Repayment
Ireland gets approval for early repayment of €5.5 billion in bailout loans
Minister for Finance Paschal Donohoe has this will save Ireland €150 million over the remaining life of the loans.
# new double irish
How often is the 'Single Malt' tax loophole used? The government is finding out
Paschal Donohoe has asked officials to look into the ‘Single Malt’ after a report indicated that it could become the new ‘Double Irish’.
# fempi measures
Government approves new public servants' pay deal - but unions aren't on board
The Minister for Finance published a bill ratifying a new public workers’ pay deal which was drafted earlier this year.
# Not happy
Paschal Donohoe: Tracker mortgage scandal 'shines a light into the culture of Irish banking'
The minister has called in all the banks next week to tell them their actions are unacceptable.
# Live
We put your Budget 2018 questions to the Taoiseach and Minister for Finance
Watch it in full here.
# excise
Paschal Donohoe begins transfer of Diageo shares into wife’s name ahead of Budget
The shares are being transferred in a bid to avoid any potential conflict ahead of next month’s Budget.
# there you go now
Ireland to repay €5.5 billion of bailout loans early to IMF, Denmark & Sweden
Finance Minister Paschal Donohoe says IMF chief Christine Lagarde has approved the deal.
# Redfaire
Michael Noonan has announced another 40 new jobs for Limerick
Last month, the Minister for Finance allocated half a billion euro to Limerick, the State’s fourth-largest city.
# Burn the Bondholders
Olli Rehn: 'Bondholders partly to blame for Irish crisis... but your banks were reckless'
The former EU Economics Commissioner also said he would consider attending the Banking Inquiry.
# budget 2015
Michael Noonan will do 'whatever it takes' to reach deficit targets
The Minister for Finance ruled out a €2 billion adjustment in Budget 2015
# Liquidated
Regulator knew about Setanta Insurance concerns since last November
An estimated 75,000 customers are believed to have been left without insurance after the company entered liquidation.
# pop
Bubble? What bubble? Here's why Noonan isn't worried by rising property prices
The finance minister noted that prices are still 47 per cent lower than their 2007 peak.
# Snip
Noonan says income tax cuts are not a play for popularity
The Minister for Finance said once they have the resources, the Irish government will look to cutting income tax.
# incentivisation
Noonan confirms he said no to bonuses in face-to-face meeting with AIB bosses
The Finance Minister has confirmed he met with officials from the bank, but “personally reinforced” that there are currently no plans to re-introduce bonuses.
# new info
Government 'knew bank levy could be passed onto consumers'
Sinn Féin’s Pearse Doherty says that new figures from the Minister of Finance showed that the Central Bank has approved seven full applications for hikes in charges.
# Mortgages
€1.9 billion in outstanding debt on sub-prime mortgages in arrears
This amounts to more than half of the overall outstanding debt on these mortgages.
# Davos
Bono is having dinner with the Taoiseach and Finance Minister tonight
The U2 frontman will join the pair, along with 25 company executives, for an IDA hosted dinner tonight at the World Economic Forum.
# Davos
Enda Kenny and 6 other Irish people are attending the World Economic Forum
Archbishop Diarmuid Martin is among those attending the event.
# Bank Guarantee
'We need to get to the bottom of this': More details sought on missing bank guarantee letters
Meanwhile, the Taoiseach expressed concern over the loss of documents related to the bank guarantee in the Department of Finance.
# Pay Scales
92 NAMA staff earned over €100k last year, four earned over €200k
When both NTMA and NAMA staff figures are combined, 15 staff members earned over €200,000 in 2012.
# Bailout exit
Noonan: Decision on post-bailout credit line ‘finely balanced’
Minister Michael Noonan will travel to the Hague today to discuss Ireland’s bailout exit with Eurogroup President Jeroen Dijsselbloem.
Paschal Donohoe: 'The ESM retrospective use is acknowledged in writing by EU ministers'
The Minister for European Affairs said the government would be holding them to their commitment if necessary.
# Budget 2014
IN FULL: Michael Noonan's Budget 2014 speech
Did you miss the minister’s Budget 2014 announcement earlier? Don’t worry, we’ve got you covered.
# all kicking off
Michael Noonan's 13-second Instagram preview of the Budget
Watch him reading an autocue in EXTREME CLOSE-UP.
# Property Tax
Property tax cost over €21 million to set up
Over €25 million was allocated to establishing the tax, with over €21 million spent so far.
# Smoking
Call for 50c 'environmental levy' on packs of 20 cigarettes
ASH Ireland said the levy should be imposed on the tobacco industry, on the ‘polluter pays’ principle.
# Budget 2014
Here's how much would be raised if income tax increased for earners over €100k
Michael Noonan has indicated that he won’t be considering any kind of ‘wealth tax’ in Budget 2014 – but has released figures on how much it would bring in.
# Austerity
Irish Exporters Association: 2014 must be the last year of austerity
The association said that if the government succeeds in creating more jobs, more harsh cuts should not be needed.
# Property Tax
Department: Property tax will not be handed to the bondholders
A report today claimed that Minister Michael Noonan said the money will be used to reduce our deficit rather than to fund local services.
How would the Minister for Finance describe Ireland in one word? Debt.
In better news, the NTMA CEO said we are on target to exit the bailout programme.
# Tobacco
51 convictions for illegal tobacco sale and smuggling so far this year
Over 11 million cigarettes and 2,913kgs of tobacco have been seized by Revenue.