Results 23,421-23,440 of 27,019 for speaker:Michael Noonan

Written Answers — Banking Sector: Banking Sector (9 Nov 2011)

Michael Noonan: The Executive Committee of AIB is currently comprised of the following individuals: · David Hodgkinson, Executive Chairman · Stephen Bell, Acting CRO · Bernard Byrne, Director of Personal & Business Banking · John Conway, Human Relations Director · Keith Davies, Group Services & Transformation Director · Marcel McCann, Operations & Technology Director · Jerry McCrohan, Director of...

Sports Funding (9 Nov 2011)

Michael Noonan: Some of the issues raised by Deputy Ó Ríordáin are more appropriate to the Minister for Agriculture, Food and the Marine. I will reply to the matter in respect of a levy on online gambling and we can have a conversation about the other issues. I am pleased to take this opportunity to speak on the subject of extending the betting duty to remote betting firms, including betting exchanges...

Sports Funding (9 Nov 2011)

Michael Noonan: These are the figures in the Estimate put together by the previous Government in the last budget in December 2010 for 2011. The Minister for Public Expenditure and Reform, Deputy Brendan Howlin, is negotiating with line Departments on the appropriate amount for each head for next year. In that context, he has had discussions with the Minister for Agriculture, Food and the Marine. I am sure...

Uncovered Credit Institutions (9 Nov 2011)

Michael Noonan: I thank Deputy Catherine Murphy for raising this important issue. I am concerned that customers are not being treated in an even-handed and fair manner by financial institutions. To that end, the Central Bank has introduced three codes of conduct designed to protect customers, both personal and business, in their dealings with such institutions. These are the consumer protection code, the...

Uncovered Credit Institutions (9 Nov 2011)

Michael Noonan: The reason the Central Bank is revising the existing codes is that, having consulted interested parties, it realised they are inadequate. One is operative since 4 November and the other will be operative from January next. The Central Bank normally puts the relevant documentation on its website. I do not know whether these codes are posted but I assume they are and that the Deputy will be...

Written Answers — Illicit Trade in Tobacco: Illicit Trade in Tobacco (8 Nov 2011)

Michael Noonan: I am informed by the Revenue Commissioners, who are responsible for the collection of tobacco products tax and for tackling the illicit trade in cigarettes and tobacco products, that the tackling of this illicit trade is a high priority area. The strategy employed by Revenue to tackle this illicit trade is multifaceted. It includes ongoing analysis of the nature and extent of the problem,...

Written Answers — Insurance Industry: Insurance Industry (8 Nov 2011)

Michael Noonan: I am advised by the Irish Insurance Federation that flood insurance cover is currently available to approximately 98% of householders in Ireland. Neither the Central Bank nor I, as Minister for Finance can compel insurance companies to quote for business. The decision to provide any specific form of insurance cover and the price at which it is offered is a commercial matter based on the...

Written Answers — Tax Code: Tax Code (8 Nov 2011)

Michael Noonan: It is assumed that the Deputy is referring to all of the claims for tax relief allowed in respect of the different types of property related tax schemes. I am informed by the Revenue Commissioners that the relevant information available on the cost to the Exchequer of all these schemes is based on personal income tax returns filed by non-PAYE taxpayers and corporation tax returns filed by...

Written Answers — Job Losses: Job Losses (8 Nov 2011)

Michael Noonan: As the Deputy may be aware, the pillar banks operate in an arms' length capacity in relation to operational issues. It is a matter for the respective individual boards and management to determine and implement operational policy in their organisations.

Written Answers — Tax Code: Tax Code (8 Nov 2011)

Michael Noonan: The supply of gas is subject to carbon tax and VAT but is not subject to the Public Service Obligation levy. With regard to the application of VAT on gas bills, in accordance with section 37(1) of the Value-Added Tax Consolidation Act 2010, the amount on which VAT is chargeable is the total consideration receivable by the supplier, including all taxes, commissions, costs and charges...

Written Answers — Departmental Bodies: Departmental Bodies (8 Nov 2011)

Michael Noonan: The question of rationalisation and the reduction in the number of State bodies is being considered in the context of the Comprehensive Review of Expenditure and the overall budgetary and estimates process for 2012, and decisions on such matters will be made by the Government over the coming weeks. In relation to State bodies the National Treasury Management Agency (NTMA) comes under the...

Written Answers — Exchequer Deficits: Exchequer Deficits (8 Nov 2011)

Michael Noonan: The Exchequer and General Government balances for each of the years 2007-2010 as well as the latest estimates for 2011, on both a headline and underlying that is excluding banking related expenditure basis are shown in the following table. 2007 Ø Exchequer Balance Ø General Government Balance -€1.6bn+€0.1bn 2008Ø Exchequer BalanceØ General Government Balance -€12.7bn-€13.2bn...

Written Answers — Commemorative Events: Commemorative Events (8 Nov 2011)

Michael Noonan: The question of issuing a special coin in 2012 to mark the 90th anniversary of the death of Michael Collins was raised with my Department by the Central Bank earlier this year following a request it received from the Beal-na-mBlath Commemoration Committee. I have also received a number of representations on the issue. While I wish the Beal-na-mBlath commemoration committee every success in...

Written Answers — Bank Assets: Bank Assets (8 Nov 2011)

Michael Noonan: I take it the Deputy is referring to the ECB opinion on the Credit Institutions (Stabilisation) Bill 2010 of December 2010 which raised a concern about the position of the ECB as a creditor of the credit institutions that would be the targets of that legislation. The ECB also sought clarification that the effect of the various orders that can be made by the Minister for Finance under the...

Written Answers — Social and Affordable Housing: Social and Affordable Housing (8 Nov 2011)

Michael Noonan: NAMA recognises that there is a possible synergy between housing stock controlled by its debtors or receivers and the potential demand for social housing. In that context, NAMA concluded the sale of 58 social and affordable units to the Cluid Housing Association in July. The agency has provided a list of over 1,000 other properties to the Department of Environment, Community and Local...

Written Answers — Ministerial Appointments: Ministerial Appointments (8 Nov 2011)

Michael Noonan: I propose to take Questions Nos. 118 and 119 together. In response to the Deputy's questions I have not appointed any former Government office holders to any organisations since I was appointed Minister for Finance in March 2011. Mr. Eoin Ryan was nominated to serve Ireland at the Board of Directors of the European Bank for Reconstruction and Development (EBRD) in February 2010 for a period...

Written Answers — Tax Code: Tax Code (8 Nov 2011)

Michael Noonan: I am informed by the Revenue Commissioners that Section 134(3) of the Finance Act 1992 (as amended) and Statutory Instrument No. 353 of 1994 (Disabled Drivers and Disabled Passengers (Tax Concessions) Regulations, 1994) (as amended) provide for permanent relief from the payment of specified maximum amounts of VAT and VRT for persons registered under the scheme. An individual who qualifies...

Written Answers — Budget Submissions: Budget Submissions (8 Nov 2011)

Michael Noonan: The contents of the Pre-Budget submission from the named organisation regarding cigarette smuggling will be considered in the context of the forthcoming Budget.

Written Answers — Tax Collection: Tax Collection (8 Nov 2011)

Michael Noonan: I am informed by the Revenue Commissioners that the tax take on a motorist who spends €40 on petrol is €22.32 based on an average price of petrol of €1.499 per litre. The tax take on a motorist who spends €40 on auto-diesel is €19.89 based on an average price of auto-diesel of €1.439 per litre.

Written Answers — Tax Collection: Tax Collection (8 Nov 2011)

Michael Noonan: I am informed by the Revenue Commissioners that the net receipt from Stamp Duty on financial cards and cheques from 2007 to 31 October 2011, broken down both by year and type of card, is as set out in the following table: Card Type 2007€m 2008€m 2009€m 2010€m 2011€m (To 31/10) CreditATMDebitCombined (ATM/Debit)ChequesTotal 72.418.0024.318.6133.3 107.310.6027.430.5175.8...