Results 25,041-25,060 of 27,019 for speaker:Michael Noonan

Written Answers — National Solidarity Bond: National Solidarity Bond (7 Jun 2011)

Michael Noonan: "NTMA State Savings" is the brand name used by the National Treasury Management Agency (NTMA) to describe the range of savings products offered by the NTMA to personal savers. The 4-year and 10-year National Solidarity Bonds are part of this range of NTMA State Savings products which also includes Prize Bonds, Savings Bonds, Savings Certificates, Instalment Savings, and Deposit Accounts...

Written Answers — Tax Code: Tax Code (7 Jun 2011)

Michael Noonan: I have no plans to impose such a levy at this time. However, all taxes and potential taxation measures are constantly reviewed in the context of the Budget and Finance Bill.

Written Answers — Tax Code: Tax Code (7 Jun 2011)

Michael Noonan: The following Social Welfare Payments are taxable: State Pension (Contributory) State Pension (Non-Contributory) State Pension (Transition) **Illness Benefit Invalidity Pension **Occupational Injury Benefit **Interim Disability Benefit *Disablement Benefit Death Benefit Pension Widow/er's or Surviving Civil Partner's (Contributory) Pension Widow/er's or Surviving Civil Partner's...

Written Answers — Tax Code: Tax Code (7 Jun 2011)

Michael Noonan: Persons employed in commercial State bodies have not been and are not subject to the public service pension-related deduction. The deduction applies to persons employed in bodies defined as a "public service body" in the relevant legislation, the Financial Emergency Measures in the Public Interest Act 2009. The commercial State bodies to which the definition of "public service body" does...

Written Answers — Proposed Legislation: Proposed Legislation (7 Jun 2011)

Michael Noonan: I propose to take Questions Nos. 86 and 90 together. It is a priority of this Government to put to the people a proposal to amend the Constitution to reverse the effects of the Abbeylara judgement. As the Deputy will be aware, the holding of a referendum will require the enactment of a Constitutional Amendment Bill by the Oireachtas. Once passed, the Minister for the Environment, Community...

Written Answers — Tax Code: Tax Code (7 Jun 2011)

Michael Noonan: I propose to take Questions Nos. 87 and 94 together. The Government's position on the CCCTB is clear and unambiguous. On 16 March this year the European Commission, which has the right of initiation in terms of bringing forward legislative proposals, published its proposal for a Common Consolidated Corporate Tax Base. This represents the beginning of a protracted process that will involve a...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (7 Jun 2011)

Michael Noonan: As the Deputy will be aware, a number of changes have taken place at senior level within the Central Bank of Ireland in recent times: - Professor Patrick Honohan became Governor in 2009 - Matthew Elderfield became Head of Financial Regulation in 2010 - Gerry Quinn became Chief Operations Officer in 2011 A number of other senior appointments have been made at the Central Bank in the areas of...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (7 Jun 2011)

Michael Noonan: My Department works in close liaison with all relevant agencies, particularly the Central Bank and the NTMA, on banking sector issues. Mr. John Moran, who is on secondment to the Department from the Central Bank of Ireland, has been assigned to oversee the recently announced restructuring of the banking sector and associated issues. He leads the relevant team within the Department of...

Written Answers — Departmental Responsibilities: Departmental Responsibilities (7 Jun 2011)

Michael Noonan: The process of transferring functions from one Department to another is carried out by means of Government Orders under powers contained in section 6(1) of the Ministers and Secretaries (Amendment) Act 1939, while in some cases primary legislation may be needed. Each order is carefully drafted so that all relevant legislation is listed in the Schedule to the order. The Departments which...

Written Answers — Departmental Responsibilities: Departmental Responsibilities (7 Jun 2011)

Michael Noonan: I am pleased to advise that the Second Stage debate on the Ministers and Secretaries (Amendment) Bill 2011, which will provide a legislative basis to allow for the formal establishment of the Department of Public Expenditure and Reform and for the transfer of certain functions from the Minister for Finance, was concluded on 2 June 2011. I am hopeful that all stages will be concluded in the...

Written Answers — Croke Park Agreement: Croke Park Agreement (7 Jun 2011)

Michael Noonan: I propose to take Questions Nos. 93 and 109 together. The National Recovery Plan 2010 - 2014 commits to savings of about €1.2 billion in the Public Service Exchequer Pay Bill in the four years between 2010 and 2014, to be achieved, inter alia, by reducing the number of public servants by 24,750 over 2008 levels and by leveraging the mechanisms of the Public Service Agreement to secure...

Written Answers — Departmental Staff: Departmental Staff (7 Jun 2011)

Michael Noonan: The most recent notification issued to staff of my Department was Office Notice 20/2009, which concerned lobbying NAMA on behalf of another. A copy is included for the Deputy's information. It is expected that central guidelines on the handling of lobbying will be issued by my Department in the coming months. Further instructions issued to the staff within the Department will, of course,...

Written Answers — Ministerial Meetings: Ministerial Meetings (7 Jun 2011)

Michael Noonan: On Tuesday 12 April 2011, I, together with my colleague, the Minister for Public Expenditure and Reform, Deputy Brendan Howlin, met with Messrs. Szekely and Langedijk from the European Commission Services, Messrs. Chopra and Beaumont from the IMF and Messrs. Masuch and Fell from the ECB. The Secretary General of the Department of Finance, Mr. Kevin Cardiff, and a number of other senior...

Written Answers — National Asset Management Agency: National Asset Management Agency (7 Jun 2011)

Michael Noonan: All officers of NAMA, including the Chief Executive Officer, are employees of the National Treasury Management Agency. I am advised by the NTMA that the remuneration packages of all NTMA staff are negotiated on an individual contract basis and are confidential. During the appearance of the Chairman and the Chief Executive Officer of NAMA before the Committee of Public Accounts on 13 January...

Written Answers — Tax Code: Tax Code (7 Jun 2011)

Michael Noonan: I am advised by the Revenue Commissioners that under EU and domestic VAT rules traders who are registered for VAT collect VAT on the goods and services that they sell. In turn such traders are entitled to recover the VAT they incur on their business inputs used in the purchase or production of goods or delivery of services. VAT is a tax on the value added to a supply and the collection and...

Written Answers — International Meetings: International Meetings (7 Jun 2011)

Michael Noonan: I am aware that a meeting of the Euro area member states who are also members of the G20 group took place in Luxembourg on Friday, 6 May 2011. This meeting was not notified in advance to Eurozone members who are not members of G20. The following statement, which was issued after the meeting by the President of the Eurogroup, Mr. Juncker, explains its purpose. "In the follow-up of the...

Written Answers — Job Creation: Job Creation (7 Jun 2011)

Michael Noonan: The Jobs Initiative, announced in the Dáil in early May, included a range of expenditure measures designed to help in getting people back to work. Investing in public infrastructure was a substantial component of the overall Initiative. Public capital investment can play an important role in promoting employment. It can stimulate economic activity as well as providing direct employment....

Written Answers — National Lottery: National Lottery (7 Jun 2011)

Michael Noonan: The current licence to operate the National Lottery expires at the end of 2011. Arrangements for the future licensing are being considered and a decision on this will be taken following such consideration.

Written Answers — State Assets: State Assets (7 Jun 2011)

Michael Noonan: Following publication of the Report of the Review Group on State Assets and Liabilities in April, the Minister for Public Expenditure and Reform, Mr. Howlin, asked Departments to give their considered views on the Group's recommendations. Departments are reverting now with their views. After considering these submissions, Minister Howlin intends to bring proposals to Government on the matter....

Written Answers — State Assets: State Assets (7 Jun 2011)

Michael Noonan: I do not concur with that view. The Government is considering the State assets review group report as part of its overall consideration of State assets and in the context of the commitments made in the Programme for Government.