Results 25,561-25,580 of 27,019 for speaker:Michael Noonan

Written Answers — Departmental Expenditure: Departmental Expenditure (13 Apr 2011)

Michael Noonan: The Comprehensive Review of Expenditure which is to take place over the coming months will examine all areas of public spending. The outcomes of the above process will be brought before Government in the autumn for consideration and decision in the annual Budget and Estimates process. I anticipate that expenditure estimates will be published in Budget 2012, as part of the unified budget...

Written Answers — Jobs Initiative: Jobs Initiative (13 Apr 2011)

Michael Noonan: The Government is very strongly committed to a jobs and growth strategy. We are also fully committed to bringing forward as a matter of priority a Jobs Initiative to put this strategy into effect, as set out in the Programme for Government. While a specific date for the publication of such an Initiative has yet to be finalised, I would envisage that it will be some time in May. I can...

Written Answers — State Banking Sector: State Banking Sector (13 Apr 2011)

Michael Noonan: As I indicated in a reply to PQ 7400 (No. 128) on 12 April, the Government will only be in a position to decide on the timing and the structure for setting up the Strategic Investment Bank when the necessary detailed assessment and planning work has been done. Because the necessary work is not completed, the Government Legislation Programme for the summer session which was published on 5...

Written Answers — Debt-to-GDP Ratio: Debt-to-GDP Ratio (13 Apr 2011)

Michael Noonan: Based on the macroeconomic and fiscal outlook underpinning Budget 2011, my Department forecast, in Budget 2011, that the general Government debt-to-GDP ratio would be 98.6% in 2011. In addition to being based on the normal macroeconomic and fiscal forecasts, this forecast was also based on the assumption that a sum of €10 billion would be required to recapitalise the banking sector in 2011....

Written Answers — Mortgage Arrears: Mortgage Arrears (13 Apr 2011)

Michael Noonan: The Central Bank's revised Code of Conduct on Mortgage Arrears states that when arrears arise on a borrower's mortgage and remain outstanding for 31 days from the date the arrears arose, a lender must inform the borrower of the impact of missed mortgage repayments and repossession on the borrower's credit rating. Under the Mortgage Arrears Resolution Process, a lender must explore alternative...

Written Answers — Tax Code: Tax Code (13 Apr 2011)

Michael Noonan: Section 462 of the Taxes Consolidation Act 1997 provides for an additional credit to be granted to a person who proves that they have a qualifying child residing with them for the whole or part of the tax year. A qualifying child is a child who is - under 18 years old at the beginning of the tax year, or - if over 18 years old at that time, in full-time education (including an...

Order of Business (13 Apr 2011)

Michael Noonan: I will consult with Deputy Dooley later.

Written Answers — Tax Code: Tax Code (12 Apr 2011)

Michael Noonan: As the Deputy will be aware, taxes are considered in the context of the Budget process. It is the usual practice for the Minister for Finance not to speculate in advance of a Budget on what it will contain; and I do not propose to deviate from that practice.

Written Answers — Tax Code: Tax Code (12 Apr 2011)

Michael Noonan: As the Deputy will be aware, taxes are considered in the context of the Budget process. It is the usual practice for the Minister for Finance not to speculate in advance of a Budget on what it will contain; and I do not propose to deviate from that practice.

Written Answers — Pension Provisions: Pension Provisions (12 Apr 2011)

Michael Noonan: The then Minister for Finance made a Determination in this case which issued on 13 November 2009. That Determination contained a full consideration of the appeal and gave the reasons for the Determination. The individual sought a pension increase in line with the Benchmarking awards paid to comparator grades in An Garda Síochána. However, his pension is paid under the terms of the funded...

Written Answers — Tax Code: Tax Code (12 Apr 2011)

Michael Noonan: I propose to take Questions Nos. 108 and 109 together. Ireland, as with other countries, has experienced an increase in the cost of petrol and auto-diesel. The increase in fuel prices is an international phenomenon. Fuel prices are driven by a number of factors including the price of oil on international markets, exchange rates, production costs and refining costs. The rise in oil prices over...

Written Answers — Liquor Licenses: Liquor Licenses (12 Apr 2011)

Michael Noonan: I am advised by the Revenue Commissioners that a licence from them is required for the activity in question, and that a person applying for such a licence must provide a Tax Clearance Certificate. In addition, the premises where the activity is to be carried on must be approved as a tax warehouse by the Revenue Commissioners in accordance with section 109 of the Finance Act 2001.

Written Answers — EU-IMF Fund: EU-IMF Fund (12 Apr 2011)

Michael Noonan: I propose to take Questions Nos. 111, 112, 113 and 114 together. Part of the conditions of the EU-IMF Programme of Financial Support for Ireland is that there should be quarterly reviews of the programme to assess progress against the agreed targets. The first review was scheduled for February but was deferred because of the election and has now been combined with the second review which is...

Written Answers — Official Languages Act: Official Languages Act (12 Apr 2011)

Michael Noonan: I propose to take Questions Nos. 116 and 117 together. In response to the Deputy's question it is not possible to give an estimated costing in relation to my Department and all bodies under the aegis of my Department in ensuring that the requirements under the terms of the Official Languages Act to have the correct Irish wording on all existing signs by 2012 and replace English only signs by...

Written Answers — Tax Code: Tax Code (12 Apr 2011)

Michael Noonan: The British Chancellor of the Exchequer announced in his Budget Statement on 23 March 2011 that Her Majesty's Treasury would publish a paper on how to help the private sector grow in Northern Ireland. He indicated that the paper would consider the case for Northern Ireland having a lower rate of corporation tax than the rest of the United Kingdom and would also look at mechanisms for...

Written Answers — Construction Contracts: Construction Contracts (12 Apr 2011)

Michael Noonan: The Deputy will be aware that the Construction Contracts Bill 2010 was introduced by Senator Feargal Quinn and passed Committee and remaining stages in the Seanad on 8 March 2011. It is now before the Dáil. The two main points raised in the correspondence supplied relate to the exemption contracts under €200,000 from the provisions of the Bill and the provision in the Bill that an...

Written Answers — Tax Code: Tax Code (12 Apr 2011)

Michael Noonan: Questions relating to the numbers of public service employees who had their employment terminated would be a matter for individual Departments. In the case of the Department of Finance, no employees had their employment terminated compulsorily.

Written Answers — Finance Policy: Finance Policy (12 Apr 2011)

Michael Noonan: In relation to the issue of sovereign default, let me be clear: Ireland has never contemplated the possibility of defaulting on its sovereign debt and this position has been restated on several occasions. The Government, without any question, will fully honour all its legal obligations to its creditors and has no intention whatsoever of allowing a default.

Written Answers — Finance Policy: Finance Policy (12 Apr 2011)

Michael Noonan: The question of a collapse of the euro does not arise. A comprehensive package of measures has been developed and adopted at European level to safeguard the financial stability of the euro area. The global economic and financial crisis that first emerged in 2008 has had wide ranging repercussions both internally and externally for Europe and the euro area. While the scale and scope of the...

Written Answers — Coistí Gairmoideachais: Coistí Gairmoideachais (12 Apr 2011)

Michael Noonan: Tá earcaíocht don Státseirbís Phoiblí agus do réimsí áirithe eile den tseirbhís phoiblí leathan faoi réir an Achta um Bainistíocht na Seirbhíse Poiblí (Earcaíocht agus Ceapacháin) 2004. Faoin tAcht bunaíodh an Coimisiún um Cheapacháin Seirbhíse Poiblí (CCSP) agus an tSeirbhís um Cheapacháin Phoiblí (SCP). Leagann an CCSP amach na caighdeáin a bhaineann le hearcaíocht...