Results 8,301-8,320 of 27,019 for speaker:Michael Noonan

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2015
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (18 Feb 2015)

Michael Noonan: In regard to the Deputy's previous question, seemingly at the end of 2014, the full figure in Revenue was 5,648 plus 140 temporary staff, giving a grand total of 5,788. For 2015, the figure is 5,874 plus 50 temporary staff, giving a total of 5,924. There will be a substantial increase in numbers.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2015
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (18 Feb 2015)

Michael Noonan: The Deputy is seeking a note on compliance and the resources allocated to different tax heads. Is that correct?

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2015
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (18 Feb 2015)

Michael Noonan: I can certainly get that information for the Deputy.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2015
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (18 Feb 2015)

Michael Noonan: I hope to get the legislation through the Houses during the first half of this year and once we have the legal authority, we will move immediately to reform the Office of the Appeal Commissioners. Change is envisaged with regard to issues like the method of appointment, which was solely a ministerial function up to now, as well as the number of commissioners. The intention is to have a...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2015
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (18 Feb 2015)

Michael Noonan: I thank the Chairman, the committee staff and the Deputies who contributed to the meeting this evening.

Written Answers — Department of Finance: Departmental Programmes (18 Feb 2015)

Michael Noonan: As the Deputy can appreciate, most of my Department's external communications and publications are of a technical and complex nature.   We always try to ensure that they are explained in as plain a manner as possible.  We have been working over the years to improve the effectiveness of our communications through the use of infographics and summary presentations and...

Written Answers — Department of Finance: Tax Rebates (18 Feb 2015)

Michael Noonan: The Home Renovation Incentive (HRI) scheme provides for tax relief by way of an income tax credit at 13.5% of qualifying expenditure on the repair, renovation, or improvement works carried out on a person's main home by tax compliant HRI qualifying contractors.  A minimum of €4,405 (before VAT) must be spent on the property in order to qualify for the HRI tax credit and the...

Written Answers — Department of Finance: Tax Reliefs Eligibility (18 Feb 2015)

Michael Noonan: I assume the Deputy is seeking information in relation to tax relief in respect of third-level fees. Section 473A of the Taxes Consolidation Act 1997 provides for tax relief at the standard rate of income tax (20%) in respect of qualifying fees paid by an individual for a third level education course, including a postgraduate course.  Qualifying fees mean tuition fees in respect...

Written Answers — Department of Finance: Tax Collection (18 Feb 2015)

Michael Noonan: I am advised by the Revenue Commissioners that Life Assurance Exit Tax is levied on the increase in value of certain products sold by Life Assurance companies. The rate is currently 41%. A policy or any part of a policy that is solely in respect of life assurance would not attract exit tax. Where a policy contains an investment element, that part of the policy, which relates to investment,...

Written Answers — Department of Finance: Promissory Notes (17 Feb 2015)

Michael Noonan: I propose to take Questions Nos. 208, 209 and 214 together. The Government has made significant progress in reducing the burden of the EU/IMF programme loans. This is delivering real and tangible savings. These savings can be broken down into two elements, cash savings and a reduction in our borrowing requirement over a period of time. In July 2011, the Euro Area Heads of...

Written Answers — Department of Finance: Primary Medical Certificates Eligibility (17 Feb 2015)

Michael Noonan: The Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provides relief from VAT and VRT (up to a certain limit) on the purchase of an adapted car for transport of a person with specific severe and permanent physical disabilities, repayment of excise duty on fuel, and an exemption from Motor Tax. To qualify for the Scheme, an applicant must have a permanent and severe...

Written Answers — Department of Finance: Carbon Tax Implementation (17 Feb 2015)

Michael Noonan: Carbon tax was introduced in Budget 2010 on a phased basis.  Initially it applied only to transport fuels, then to other liquid fuels such as kerosene and agricultural diesel and lastly it was extended to solid fuels in 2013. In the most recent cross border price comparison, which was carried out by the Revenue Commissioners in October 2014, petrol and diesel were...

Written Answers — Department of Finance: Tax Collection (17 Feb 2015)

Michael Noonan: I propose to take Questions Nos. 212 and 228 to 230, inclusive, together. I am advised by the Revenue Commissioners that  the issue of offshore accounts held with the HSBC Bank has its origin in information on account holders in Switzerland  which came into the possession of the French authorities in December 2009. The Revenue Commissioners wrote to the relevant French fiscal...

Written Answers — Department of Finance: Capital Allowances (17 Feb 2015)

Michael Noonan: I am advised by the Revenue Commissioners that there is insufficient information provided to enable a conclusive answer to be given as to whether there is a tax liability in respect of the capital funds transferred here.  In general, any capital amount transferred into the country by a person who became resident here would not be subject to capital gains tax unless the amount was derived...

Written Answers — Department of Finance: Mortgage Arrears Proposals (17 Feb 2015)

Michael Noonan: The Central Bank of Ireland has informed me that it is important to note that there is no such regulated category as "sub-prime lender".  However, Retail Credit Firms are authorised to provide credit, in the form of cash loans, directly to individuals (these firms are not licensed to accept deposits).  Some firms authorised in this category are mortgage lenders.  The...

Written Answers — Department of Finance: Departmental Meetings (17 Feb 2015)

Michael Noonan: As stated in my response to Parliamentary Question No. 27, as part of our broader efforts to encourage inward investment into Ireland in the wake of the financial crises, stakeholders across the Irish system, including the banks, NAMA, IBRC, the IDA, the NTMA as well as my officials and occasionally myself, do meet with investors interested in investing in Ireland including through the...

Written Answers — Department of Finance: VAT Payments (17 Feb 2015)

Michael Noonan: I am informed by the Revenue Commissioners that the estimated receipts for VAT internal relating to businesses based in County Meath for the calendar years 2000 to 2011 is as set out in the following table. Information for earlier years or equivalent information for VAT on imports is not readily available. Calendar Year Estimated VAT Internal for County Meath €m 2000 97.0 2001...

Written Answers — Department of Finance: Banking Operations (17 Feb 2015)

Michael Noonan: As the Deputy will be aware the Relationship Frameworks with the banks provide that the State will not intervene in the day-to-day operations of the institutions or their management decisions. These documents are published on the Department of Finance website. I must ensure that the banks are run on a commercial, cost effective and independent basis to ensure the value of the banks as assets...

Written Answers — Department of Finance: Mortgage Schemes (17 Feb 2015)

Michael Noonan: The Financial Services Ombudsman's Bureau was established under the Central Bank and Financial Services Authority of Ireland Act, 2004. The legislation provides for an independent, impartial investigation and resolution of disputes between consumers and financial service providers. This legislation also provides the Financial Services Ombudsman with various powers in order to...

Written Answers — Department of Finance: Departmental Legal Cases (17 Feb 2015)

Michael Noonan: The Public Health (Standardised Packaging of Tobacco) Bill 2014 and the issues surrounding it are a matter for my colleague the Minister for Health in the first instance.