Results 4,901-4,920 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Professional Fees (17 Dec 2015)

Michael Noonan: In response to the Deputy's query, regarding the amount that has been paid to a firm (details supplied) for professional services on the banking crisis since 2008, I can confirm that the Department has not made any payments to this firm.   In relation to my Department, I would ask the Deputy to note that the firm has been engaged on a pro bono basis as...

Written Answers — Department of Finance: Alcohol Sales (17 Dec 2015)

Michael Noonan: I am advised by the Revenue Commissioners that, under Section 59 and Schedule 2 of the Finance (No. 2) Act 2008, the duty on a licence for the sale of alcohol such as spirits, wine, or beer for consumption off the premises is €500. The duty is charged on a flat-fee basis per licence type and the licences are renewed annually. Many retailers hold a combination of licences, including a...

Written Answers — Department of Finance: Irish Water Funding (17 Dec 2015)

Michael Noonan: The Ireland Strategic Investment Fund (ISIF) has advised that Irish Water has entered into loan facilities of €450 million in total with the Fund, representing a refinancing of the existing €300 million National Pensions Reserve Fund facility and a new €150 million loan facility. Both facilities are unguaranteed.  The loan facilities have a 1 year maturity and the...

Written Answers — Department of Finance: Tax Credits (17 Dec 2015)

Michael Noonan: As the Deputy may be aware, Section 466A of the Taxes Consolidation Act 1997 provides for the Home Carer Tax Credit. As increased in Budget 2016 the amount of the credit is €1,000.  It is claimable by married persons or civil partners who are jointly assessed to tax and where one spouse or civil partner works at home, caring for children, aged or incapacitated persons, and...

Written Answers — Department of Finance: Budget 2016 (17 Dec 2015)

Michael Noonan: The process of publishing the Tax Strategy Group papers for Budget 2016 will commence shortly  and I would anticipate that they will be available on my Department's website during the first quarter of 2016.

Written Answers — Department of Finance: Tax Reliefs Data (17 Dec 2015)

Michael Noonan: I am advised by the Revenue Commissioners that a wide range of statistical information is available on the Commissioners' Statistics webpage: . In relation to the Deputy's Question, the latest information on the cost and numbers benefiting from the Exemption of Certain Earnings of Writers, Composers and Artists scheme can be found at . The latest full year for which information is available...

Written Answers — Department of Finance: Local Government Fund (17 Dec 2015)

Michael Noonan: The following table sets out full details regarding payments from the Local Government Fund, under the provisions of section 6(2)(c) of the Local Government Act 1998 as amended. Year Request date Amount Requested Transfer date Amount received 2014 16 December 2014 €520 million 31 December 2014 €520 million 2015 4 September 2015 €250 million 18 September 2015...

Written Answers — Department of Finance: NAMA Debtors (17 Dec 2015)

Michael Noonan: Information on NAMA debtor bankruptcy is set out in the following tables by year and jurisdiction. Bankruptcies per Jurisdiction Country 2009 2010 2011 2012 2013 2014 2015 Total Ireland 3 2 3 3 1 5 5 22 GB & NI 1 1 13 29 15 10* 2 71* U.S.A. - - - - 2 - - 2 South Africa - - - - - - 1 1*Some of these are debtors which transferred as part of the Project Eagle or Project Arrow...

Written Answers — Department of Finance: NAMA Legal Fees (17 Dec 2015)

Michael Noonan: I am advised by NAMA that it has incurred total legal costs of €127,324 in the case referenced by the Deputy.  The breakdown of the costs is set out below. High Court € Counsel Paul Sreenan SC €3,950 Brian Murray SC €22,000 Ciaran Lewis BL €22,000 Solicitors Fees €20,000 Stenographer   €839 Supreme Court Counsel ...

Written Answers — Department of Finance: Central Bank of Ireland Enforcement Actions (17 Dec 2015)

Michael Noonan: The Central Bank has provided me with the following information on fines greater than €100,000 it has imposed over the past three years. Year Name Date € 2013 Quinn Insurance Ltd (under Administration) 18/02/2013 €5,000,000 Fine waived in the public interest Citibank Europe plc 11/12/2013 €550,000 Allied Irish Banks plc 17/12/2013 €490,000 Total...

Written Answers — Department of Finance: Mortgage Repayments (17 Dec 2015)

Michael Noonan: The Deputy will be aware that I, in my role as Minister for Finance, have no direct function in the relationship between the banks and their customers. I have no statutory function in relation to the commercial  decisions made by individual institutions at any particular time and these are taken by the board and management of the relevant institution. A Relationship...

Written Answers — Department of Finance: Home Renovation Incentive Scheme Eligibility (17 Dec 2015)

Michael Noonan: The Home Renovation Incentive provides tax relief by way of a tax credit at 13.5% of qualifying expenditure on repair, renovation and improvement works on a person's main home or rental property.  I am informed by the Revenue Commissioners that works on a dwelling, which are aimed at preventing the risk of flooding, where they otherwise meet the terms of the Incentive, will qualify for...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (17 Dec 2015)

Michael Noonan: In order for a vehicle to qualify for relief under the Drivers & Passengers with Disabilities Scheme, it must be specially constructed or adapted to take account of a person's disablement. In the case of hand controls, an Individual Vehicle Approval certificate is required to confirm that the work carried out meets NSAI (National Standards Authority of Ireland) standards. I am assured...

Written Answers — Department of Finance: Tax Data (17 Dec 2015)

Michael Noonan: I propose to take Questions Nos. 162 to 164, inclusive, and 166 together. I am informed by the Revenue Commissioners that a Post-Budget 2016 Ready Reckoner is available on the Revenue Statistics webpage at: . This Ready Reckoner shows a wide range of information including the projected number and percentage of income earners who are exempt and who pay income tax and Universal Social...

Written Answers — Department of Finance: Tax Exemptions (17 Dec 2015)

Michael Noonan: I am informed by the Revenue Commissioners that the estimated number of persons 65 years of age and over who are considered exempt from income tax is 26,000. I would point out that these figures are based on the number of persons who make returns to Revenue. They do not include persons whose income is below the income tax exemption limits but who do not make a return to Revenue. These...

Written Answers — Department of Finance: Tax Reliefs Data (17 Dec 2015)

Michael Noonan: I propose to take Questions Nos. 167 and 168 together. I am advised by the Revenue Commissioners that a wide range of statistical information is available on the Commissioners' Statistics webpage at http://www.revenue.ie/en/about/statistics/index.html . In relation to the Deputy's Question, the latest information on the cost and numbers benefiting from 'Allowable Expenses' can be found...

Written Answers — Department of Finance: Tax Avoidance Issues (17 Dec 2015)

Michael Noonan: I am advised by Revenue that such a facility as mentioned by the Deputy is in place. Revenue has a facility on its website that allows a person to report instances of tax evasion.  Information and the reporting form can be accessed through the following link:). Any such report will be followed through by Revenue. The person making the report may remain entirely anonymous if they so wish....

Written Answers — Department of Finance: Appointments to State Boards (17 Dec 2015)

Michael Noonan: In response to the Deputy's query in relation to the the number of appointments to State Boards under the aegis of my Department and the number of appointments that have been advertised on the Department s website, since March 2011, please find details in tabular form below.  I, and my Department are cognisant of the need to adhere to the Department of Public...

Written Answers — Department of Finance: Appointments to State Boards (17 Dec 2015)

Michael Noonan: In reply to the Deputy's question, please see listed below details of the chairpersons appointed to State Boards under the aegis of the Department (the Central Bank, Irish Fiscal Advisory Council, and National Asset Management Agency) who have appeared before the relevant Joint Oireachtas Committee, since March 2011. The Central Bank: While appointed before March 2011, the outgoing Chair...

Written Answers — Department of Finance: Commencement of Legislation (17 Dec 2015)

Michael Noonan: It has not been possible to collate the information requested in the time available. However the requested information will be collated and forwarded to the Deputy in writing.