Results 17,221-17,240 of 27,019 for speaker:Michael Noonan

Leaders' Questions (14 Mar 2013)

Michael Noonan: That approach would result in more people being unemployed and more impaired mortgages.

Leaders' Questions (14 Mar 2013)

Michael Noonan: When all the grandstanding is taken out of it we all know that people's inability to pay their mortgages is one of the big problems in Irish society. Yesterday, arrangements were announced which will ensure that systematically people will be offered solutions so that their mortgages will be sustainable. The Central Bank will monitor this and provide the targets. The targets announced...

Leaders' Questions (14 Mar 2013)

Michael Noonan: Many people here were at the meeting of the Committee of Public Accounts and they know exactly what Mr. Moran said.

Leaders' Questions (14 Mar 2013)

Michael Noonan: It is not what the Deputy said. I ask the Deputy to read the Official Report and he will see there what he said.

Leaders' Questions (14 Mar 2013)

Michael Noonan: First, I congratulate Pope Francis on his elevation and wish him a very long and successful reign in that very high office. I am sure the people of Ireland wish him very well, as I know this House does.

Leaders' Questions (14 Mar 2013)

Michael Noonan: To turn to the business in hand, there will be independent oversight of all these arrangements. As the Deputy knows, the Central Bank is independent in the performance of its functions and has taken on the task of helping to design these arrangements and monitoring them as they are rolled out. As well as this, it is the licensing authority for the banks and, therefore, is in best position...

Written Answers — Department of Finance: Fiscal Forecasts (14 Mar 2013)

Michael Noonan: Table 9, page C.18 of Budget 2013 sets out the fiscal forecasts for the period 2012-2015. This table includes the figures for the underlying General Government primary balance in nominal terms and as a % of GDP. These figures are presented as follows. 2012 2013 2014 2015 Underlying GG primary balance -7,010 -3,390 745 4,680 Underlying GG primary balance as a % of GDP -4.3...

Written Answers — Department of Finance: Tax Code (14 Mar 2013)

Michael Noonan: I am informed by the Revenue Commissioners that there is no change in policy regarding claiming travel expenses for self-employed persons. The position is that self-employed persons may not claim travel expenses in respect of travel from home to work; and that travel and subsistence expenses must be incurred for business purposes as provided for in sections 81 and 114 of the Taxes...

Written Answers — Department of Finance: Tax Code (14 Mar 2013)

Michael Noonan: I am informed by the Revenue Commissioners that Regulation 20 of the Income Tax (Employments) (Consolidated) Regulations, 2001 (more commonly known as the PAYE Regulations) obliges an employer, on cessation of an employment, to send a Form P45 to the Revenue Commissioners and give copies of that Form P45 to the employee. An employer who fails to comply with Regulation 20 may, by virtue of...

Written Answers — Department of Finance: IBRC Staff (14 Mar 2013)

Michael Noonan: I have been advised that at the date of the appointment of the Special Liquidators there were 978 people employed by IBRC. As the Deputy is aware, following the appointment of the Special Liquidators 809 employment contracts in the Republic of Ireland were terminated and 802 of these employees were re-hired by the Special Liquidators to assist with the liquidation of IBRC. As a result of...

Written Answers — Department of Finance: Betting Regulations (14 Mar 2013)

Michael Noonan: The Revenue Commissioners, who are responsible for processing applications for bookmakers’ licences, inform me that a current certificate of personal fitness is required to allow them to issue a licence. Section 7(1) of the Betting Act 1931 requires a person applying for a bookmaker’s licence and to whom a certificate of personal fitness has been given, to apply to Revenue and...

Written Answers — Department of Finance: Non-disclosure Agreements (14 Mar 2013)

Michael Noonan: While details of any mortgage restructuring agreements is a matter for each individual bank and borrower, the Central Bank has advised that such agreements should not impede consumer’s protections under the Code of Conduct on Mortgage Arrears (CCMA), for example: - at the borrower’s request and with the borrower’s written consent, the lender must liaise with a third...

Written Answers — Department of Finance: Mortgage Arrears Proposals (14 Mar 2013)

Michael Noonan: I have been informed by the Central Bank that the majority of lenders have introduced, or are in the process of introducing a split mortgage arrangement. The split mortgage was one of a number of arrangements suggested by the Inter-Departmental Mortgage Arrears Working Group (Keane Group) Report which was published in September 2011. The concept involves splitting a distressed mortgage...

Written Answers — Department of Finance: Mortgage Arrears Rate (14 Mar 2013)

Michael Noonan: I propose to take Questions Nos. 46 and 47 together. The recently published Central Bank data on mortgage arrears for the end December 2012 shows that at end-December 2012 out of a total stock of 79,852 private dwelling houses, just over 37,000 restructured mortgage accounts were in arrears. The data shows that the accounts in arrears include accounts that were in arrears prior to...

Written Answers — Department of Finance: Home Repossession Rate (14 Mar 2013)

Michael Noonan: The Government is very aware of the significant difficulties some homeowners are facing in meeting their mortgage obligations and has put in place a comprehensive strategy to address the problem. As announced yesterday, the implementation of this strategy has further intensified with the Central Bank now setting time bound and measurable targets for banks on their progress in resolving, on a...

Written Answers — Department of Finance: Thalidomide Victim Compensation (14 Mar 2013)

Michael Noonan: The National Treasury Management Agency is designated as the State Claims Agency when performing the claims management and related risk management functions delegated to it. I, as Minister for Finance, formally delegated the management of thalidomide claims to the State Claims Agency through the National Treasury Management Agency (Delegation of Claims Management Function) (Amendment) Order...

Written Answers — Department of Finance: Tax Rebates (14 Mar 2013)

Michael Noonan: Income tax relief in respect of health expenses is allowable in accordance with section 469 of the Taxes Consolidation Act 1997. This legislation provides for tax relief for health expenses incurred in the provision of health care. Health care is defined for the purposes of that legislation as the prevention, diagnosis, alleviation or treatment of an ailment, injury, infirmity, defect or...

Finance Bill 2013: Report Stage (Resumed) and Final Stage (13 Mar 2013)

Michael Noonan: Is this a case where someone has already paid the previous service provider?

Finance Bill 2013: Report Stage (Resumed) and Final Stage (13 Mar 2013)

Michael Noonan: Then it is a double payment.

Finance Bill 2013: Report Stage (Resumed) and Final Stage (13 Mar 2013)

Michael Noonan: We can take it up with the Revenue Commissioners.