Results 6,661-6,680 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Departmental Staff Training (2 Jul 2015)

Michael Noonan: The Department of Finance continues to invest in staff development in order to supplement the skills and qualifications of our teams, through a combination of internal and external learning and development activities. The Department strives to improve learning and development in management and leadership skills in order to continue to perform at the highest levels. The Department was...

Written Answers — Department of Finance: Central Bank of Ireland Expenditure (2 Jul 2015)

Michael Noonan: Under Section 6D of the Central Bank Act 1942, as amended, the Central Bank Commission is responsible for administrating the staffing of the Central Bank with a view to enabling the Central Bank to perform and exercise its functions and powers. Section 6D also provides that the Central Bank Commission is responsible for the establishment...

Written Answers — Department of Finance: Departmental Staff Training (2 Jul 2015)

Michael Noonan: I am advised by the Office of the Revenue Commissioners that building and retaining internal capacity and expertise is a key corporate priority and critical to the achievement of Revenue's strategic objectives. Through a range of relevant programmes and schemes, Revenue supports employees in achieving relevant professional qualifications.  Third level academic courses are part of the...

Written Answers — Department of Finance: Banking Sector Regulation (2 Jul 2015)

Michael Noonan: As the Deputy will be aware under the Relationship Frameworks the State does not intervene in the day to day operations of the banks in which it holds investments or their management decisions regarding commercial matters and hence any discussions around matters such as outsourcing are a matter for the bank, the relevant staff and their union representatives. Notwithstanding...

Written Answers — Department of Finance: NAMA Assets Sale (2 Jul 2015)

Michael Noonan: As the Deputy is aware, NAMA has acquired and manages loans and is not the owner/operator of properties. The Agency's role is that of a secured lender. Other than properties that have been enforced, all of which are listed on NAMA's website and which are managed by the appointed receivers/administrators, properties continue to be managed by their existing owners or their professional...

Written Answers — Department of Finance: Excise Duties (2 Jul 2015)

Michael Noonan: Chapter 1 of Part 2 of the Finance Act 2003 (as amended) provides that the rate of Alcohol Products Tax (APT) on beer exceeding 0.5% alcohol by volume (ABV) but not exceeding 1.2% is €0.00, the rate of APT on beer exceeding 1.2% ABV but not exceeding 2.8% ABV is €11.27 per hectolitre per cent of alcohol in the beer, and the rate of APT on beer exceeding 2.8% ABV is...

Written Answers — Department of Finance: NAMA Assets Sale (2 Jul 2015)

Michael Noonan: I propose to take Questions Nos. 80 to 86, inclusive, together. As Minister for Finance, it would not be appropriate for me to comment on any individual transactions. On the more general questions raised by the Deputy, I am advised that NAMA is a designated person pursuant to Section 25(1) of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (the "Act") when it...

Written Answers — Department of Finance: Ministerial Expenditure (2 Jul 2015)

Michael Noonan: The information requested by the Deputy is taken from the expenses payment system used by my Department and is outlined in the table. Expense Description (2011-15) From To Expense Type Expense Amount (€) Date Paid Vouched (Y) Eurogroup & ECOFIN IRELAND BELGIUM Brussels OVERNIGHT RATE 289.33 12-May-2011 Eurogroup & ECOFIN IRELAND BELGIUM Brussels...

Written Answers — Department of Finance: Departmental Meetings (1 Jul 2015)

Michael Noonan: I am advised by the Revenue Commissioners that they have not been involved in any consultations with the company concerned concerning the possible renewal of the agreement in question. I understand that the European Commission has had exploratory talks with the company but that no decision has been made as yet on whether or not to enter into formal negotiations on a new agreement. A...

Written Answers — Department of Finance: Pensions Levy (1 Jul 2015)

Michael Noonan: I propose to take Questions Nos. 70, 73 and 76 together. The original 0.6% stamp duty levy on pension fund assets ended last year. The additional levy of 0.15% which I introduced for 2014 and 2015, mainly to help continue to fund Jobs Initiative, will also end after this year. There are well-documented reasons why many individuals are not investing or not investing sufficiently in...

Written Answers — Department of Finance: VAT Rebates (1 Jul 2015)

Michael Noonan: I am advised by the Revenue Commissioners that a claim for refund of VAT was made to them by the person concerned.  Approximately half of the claim was supported by the appropriate original invoices and has been refunded. The documentation to support the remainder of the claim has not been received to date. The balance of the claim will be processed by Revenue as quickly as possible...

Written Answers — Department of Finance: Home Renovation Incentive Scheme Data (1 Jul 2015)

Michael Noonan: As the Deputy is aware, the Home Renovation Incentive was introduced in Budget 2014. The scheme came into operation on 25 October 2013 and will run until 31 December 2015. The incentive provides tax relief for homeowners by way of a tax credit at 13.5% of qualifying expenditure incurred on repair, renovation or improvement work carried out on a principal private residence. In Budget...

Written Answers — Department of Finance: Financial Services Regulation (1 Jul 2015)

Michael Noonan: An Post have been engaged with my Department regarding their proposal to provide a payment account.  There are a number of steps that the company must complete including a statutory consultation with the Minister for Communication, Energy and Natural Resources.  Once the necessary procedures have been completed the proposal will be submitted for my decision. I...

Written Answers — Department of Finance: Official Engagements (1 Jul 2015)

Michael Noonan: As the Deputy will be aware, discussions are ongoing on the post-2015 development agenda which is focused on agreeing a set of sustainable development goals which will be targets for developed and developing countries alike. Underlying this framework is the Financing for Development process which seeks to reach an agreement, later this year, among the participating countries on a financing...

Written Answers — Department of Finance: Departmental Expenditure (1 Jul 2015)

Michael Noonan: The Department invests heavily in its people to be the best and to represent Ireland both in Europe and internationally. The Project management Office and Tax Division in conjunction with the Learing and Development Unit now run both a Diploma in Taxation and a Diploma in Project Management for staff, which is a recognised level 8 Special award on the Quality and Qualifications...

Written Answers — Department of Finance: Departmental Expenditure (1 Jul 2015)

Michael Noonan: The total amount of professional fees paid by my Department in 2014 was €1,745,878.41 (inclusive of VAT). A reduction of 10% would have produced a saving of €174,587.84.

Written Answers — Department of Finance: Departmental Expenditure (1 Jul 2015)

Michael Noonan: I wish to inform the Deputy that I have two Special Advisors in my Department. If the salaries of my two Special Advisors were capped at the first point of the Principal Officer grade, the total gross salary payable would reduce from €168,934 to €151,294. The annual saving to the Exchequer would be impacted further by a reduction in statutory deductions.  Special...

Written Answers — Department of Finance: Departmental Expenditure (1 Jul 2015)

Michael Noonan: In answer to the Deputy's question I have been provided with the following information regarding the effect of a 25% decrease in fees for all State agency, non-commercial State sponsored bodies and commercial semi-State board members under the Aegis of the Department of Finance. Irish Fiscal Advisory Council There are five members of the Irish Fiscal Advisory Council (IFAC), including the...

Written Answers — Department of Finance: Financial Services Sector (30 Jun 2015)

Michael Noonan: I propose to take Questions Nos. 215 and 224 together. The Strategy for Financial Inclusion called for the nationwide launch of a Standard Bank Account as a first step in promoting Financial Inclusion. A pilot project for a Standard Bank Account was run, which finished on 31 March 2013 after a 9-month pilot period. A total of 205 accounts were opened during the pilot, which the...

Written Answers — Department of Finance: Property Tax Data (30 Jun 2015)

Michael Noonan: I propose to take Questions Nos. 216 and 217 together. I am advised by the Revenue Commissioners that statistics relating to Local Property Tax (LPT) can be found on the statistics webpage of the Revenue website at . Specifically, LPT data are available at . A breakdown showing compliance rates by local authority is available at the above cited webpage. This confirms that, for 2015, returns...