Results 8,841-8,860 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Departmental Staff Career Breaks (18 Dec 2014)

Michael Noonan: I wish to inform the Deputy that Career breaks are available in the civil service and in the state sector generally.  The scheme is promoted as being one of a number of facilities that help staff to combine work and family responsibilities.  A career break consists of special leave without pay for a period of not less than six months and not more than five years. A career break...

Written Answers — Department of Finance: Departmental Expenditure (18 Dec 2014)

Michael Noonan: In response to the Deputy's Question the total photography costs for my Department and the details of the occasions on which photographers were used in the period in question are contained in the following table: - Photography Company Details of Occasions Cost € Maxwell Photography Ltd Signing of Taxation agreement with GermanyEngaged on 31st March 2011 €400.21 Maxwell...

Written Answers — Department of Finance: Public Relations Contracts Data (18 Dec 2014)

Michael Noonan: I take it that the Deputy is referring solely to external public relations costs and not to advertising costs that would be incurred by my Department in the normal course of business, such as entries into telephone directories, the placing of advertisements in national newspapers, recruitment advertising, etc. No such costs have been incurred in respect of my Department in the period since I...

Written Answers — Department of Finance: Consultancy Contracts (18 Dec 2014)

Michael Noonan: A large portion of my Department's expenditure on external IT service providers relates to the ongoing support, maintenance and occasional enhancement of the systems acquired for the provision of pension payment, banking and financial management services. This expenditure is non-discretionary and the associated contract costs are generally fixed at a percentage of the initial software...

Written Answers — Department of Finance: Consultancy Contracts (18 Dec 2014)

Michael Noonan: Following the establishment of the Department of Public Expenditure and Reform in 2011, responsibility for IT policy and network support for the Department of Finance transferred to the Department of Public Expenditure and Reform on a shared services basis. Decision-making for the majority of discretionary spend moved to that Department at that time.

Written Answers — Department of Finance: Appointments to State Boards (18 Dec 2014)

Michael Noonan: The information sought by the Deputy is presented here in tabular form. For clarification purposes I would like to advise the Deputy that in relation to the category 'Vacancies' some of these positions were filled through re-appointments, and presented as 'Vacancies' in the context of this answer. Appointments Vacancies Publically Advertised Appointments...

Written Answers — Department of Finance: Universal Social Charge Yield (18 Dec 2014)

Michael Noonan: I am informed by the Revenue Commissioners that the first and full year cost of raising the Universal Social Charge (USC) exemption threshold to €60,000 is €1.6 billion and €2.2 billion respectively. These figures are estimated on the basis of no change to the rest of the structure of the USC and that all income would come into charge once the €60,000 threshold...

Written Answers — Department of Finance: Real Estate Investment Trusts (18 Dec 2014)

Michael Noonan: I am advised by the Revenue Commissioners that three Real Estate Investment Trusts (REITs) are listed on the Irish Stock Exchange - Green REIT plc commenced to be a REIT with effect from July 2013 - Hibernia REIT plc commenced to be a REIT with effect from December 2013 - Irish Residential Properties REIT plc commenced to be a REIT with effect from March 2014. I am further advised...

Written Answers — Department of Finance: NAMA Receivers (18 Dec 2014)

Michael Noonan: Details relating to NAMA receivership appointments and receiver fees* for the period 2010 to YTD in 2014 are set out below: Period Appointments** Total Fees €m 2010 79 2.08 2011 67 15.19 2012 63 19.23 2013 101 21.92 2014 to Date 66 18.27 Notes: *Receiver fees form part of the receivership and are met out receivership realisations **Excluding 67 appointments made prior to...

Written Answers — Department of Finance: Freedom of Information Data (18 Dec 2014)

Michael Noonan: The following table sets out the total number of FOI requests received, total granted, part granted and appealed and information about appeals made under the FOI Acts in the Department of Finance for the period from 2009 to December 2014. 38 of the requests received in 2014 are curently being considered by the Department.  In some cases, FOI...

Written Answers — Department of Finance: Consultancy Contracts Data (18 Dec 2014)

Michael Noonan: The information requested by the Deputy is set out in the table below: Company External Consultant Report Cost Year Published Indecon Cost benefit analysis of Irish Agri-taxation measures and international benchmark against other Agri-taxation incentives  €103,689.00 2014 Published - October 2014 Seamus Coffey Effective rates of corporation tax in Ireland €4,900.00 2014...

Written Answers — Department of Finance: IBRC Mortgage Loan Book (18 Dec 2014)

Michael Noonan: I propose to take Questions Nos. 101 and 102 together. The Special Liquidators continue to implement the orderly and efficient wind down of IBRC in accordance with the provisions of the IBRC Act and the instructions issued by the Minister for Finance under the IBRC Act 2013. As the Deputy is aware, for operational reasons, the loan assets of IBRC were divided into six portfolios:...

Written Answers — Department of Finance: Promissory Notes (18 Dec 2014)

Michael Noonan: As part of the liquidation of the Irish Bank Resolution Corporation (IBRC) on 6 February 2013, the Central Bank of Ireland acquired €25.034 billion  long-dated Irish Government Floating Rate Notes (FRNs) and €3.461 billion of the Irish Government 2025 Fixed Rate Bond.  The table below sets out the various notes, the applicable interest rate, the maturity date for...

Written Answers — Department of Finance: Pension Provisions (18 Dec 2014)

Michael Noonan: In Budget 2014 and Finance (No 2) Act 2013, I introduced an additional levy on pension funds at 0.15% for 2014 and 2015 to help fund the Jobs Initiative and to make provision for potential State liabilities emerging from pre-existing or future pension fund difficulties. The yield from the additional levy in these years forms part of general tax revenue of the Central Fund and is not...

Written Answers — Department of Finance: Financial Instruments (18 Dec 2014)

Michael Noonan: Incentives for Certain Aviation Services Facilities A scheme of accelerated capital allowances for the construction and refurbishment of certain buildings and structures for use in the maintenance, repair or overhaul of commercial aircraft, and the dismantling of such aircraft for the purposes of salvaging or recycling of parts or materials was announced in Budget 2013. An...

Written Answers — Department of Finance: NAMA Social Housing Provision (18 Dec 2014)

Michael Noonan: I propose to take Questions Nos. 106 and 115 together. I am advised by NAMA that the detail sought by the Deputy is available, for the period to end-September 2014, on the Agency's website, .  I am advised by NAMA that this information is updated quarterly and is also published on the website of the Housing Agency, . As the Deputy is aware, NAMA has no role in determining the take-up...

Written Answers — Department of Finance: IMF Loan Issues (18 Dec 2014)

Michael Noonan: In order for the early repayment of a substantial portion of our IMF loans to proceed, it was necessary to secure the agreement of the EU lending facilities, the EFSF,  the EFSM, and the bilateral lenders (the UK, Sweden and Denmark) to waive the mandatory proportionate early repayment clauses in their loan agreements with us.  Following completion of all necessary approval...

Written Answers — Department of Finance: Bank Restructuring (18 Dec 2014)

Michael Noonan: A way forward for Permanent TSB was agreed with the Troika in April 2012 which envisaged it playing an important role in the future of Irish retail banking, being a more focused retail bank bringing competition to the marketplace which has consolidated significantly since 2008. In this regard Permanent TSB prepared a Restructuring Plan, which was submitted to the European Commission ("the...

Written Answers — Department of Finance: NAMA Debtors (18 Dec 2014)

Michael Noonan: I am advised by NAMA that its cost of funds, taking account of interest cost on its debt securities and its interest rate hedging costs, is currently less than 2.0%. 

Written Answers — Department of Finance: NAMA Debtors (18 Dec 2014)

Michael Noonan: I am advised by NAMA that there has been full or partial enforcement over 342 debtor connections to date, including appointments made by the participating institutions prior to the acquisition of the loans by NAMA.