Results 17,641-17,660 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Property Taxation Application (6 Mar 2013)

Michael Noonan: As set out in the Local Government (Charges) Act 2009, as amended, liability to pay the Non-Principal Private Residence (NPPR) Charge is determined on the basis of ownership of the property in question on the liability date, which is 31 March for 2013. The Local Property Tax (LPT) does not come into effect until 1 July 2013. The Government decided to extend the NPPR Charge into 2013 to...

Written Answers — Department of Finance: Property Taxation Application (6 Mar 2013)

Michael Noonan: The Finance (Local Property Tax) Act 2012 sets out how the Local Property Tax (LPT) is to be administered and provides that a liability for LPT will arise where a person owns a residential property on the liability date which will be 1 May 2013 for the year 2013 and for subsequent years, 1 November in the preceding year. Where a property is owned by more than one person, the owners are...

Written Answers — Department of Finance: Universal Social Charge (6 Mar 2013)

Michael Noonan: The Universal Social Charge (USC) was introduced in Budget 2011 to replace the Income Levy and Health Levy. It was a necessary measure to widen the tax base, remove poverty traps and raise revenue to reduce the budget deficit. Individuals that are subject to the USC charge do not accumulate entitlements or specific benefits but do benefit generally from the services provided by the State. I...

Written Answers — Department of Finance: Tax and Social Welfare Codes (6 Mar 2013)

Michael Noonan: Pensions payable by the Department of Social Protection (DSP) have always been taxable but the amount of tax payable, if any, depends on the circumstances of the individual concerned, usually whether they have other sources of income. I am advised by the Revenue Commissioners that following receipt of data from the DSP in late 2011 containing details of DSP pension payments, it emerged that...

Written Answers — Department of Finance: Liquor Licences (6 Mar 2013)

Michael Noonan: I am informed by the Revenue Commissioners that they may only grant a liquor licence to a person where that person has presented a Court Certificate to them within 12 months of the date on which it was issued. The person in question presented a Court Order dated 5th July 2005 to Revenue in May 2006 instead of a Court Certificate. This Court Order was accepted by Revenue in place of a Court...

Written Answers — Department of Finance: Tax Code (6 Mar 2013)

Michael Noonan: Section 823A of the Taxes Consolidation Act 1997 provides for the Foreign Earnings Deduction. This section was introduced in Finance Act 2012 and provides a limited tax deduction for individuals who carry out part of the duties of their office or employment in Brazil, Russia, India, China or South Africa. As 2012 was the first year of its operation, and given that many individuals do not...

Finance (Local Property Tax) (Amendment) Bill 2013: Committee Stage (Resumed) and Remaining Stages (5 Mar 2013)

Michael Noonan: I heard Deputy Mattie McGrath all right.

Finance (Local Property Tax) (Amendment) Bill 2013: Committee Stage (Resumed) and Remaining Stages (5 Mar 2013)

Michael Noonan: If I stated if something was going to be interfered with, it implies that the person going to be interfered with is willing to be interfered with.

Finance (Local Property Tax) (Amendment) Bill 2013: Committee Stage (Resumed) and Remaining Stages (5 Mar 2013)

Michael Noonan: That was the charge Deputy Mattie McGrath made.

Finance (Local Property Tax) (Amendment) Bill 2013: Committee Stage (Resumed) and Remaining Stages (5 Mar 2013)

Michael Noonan: Deputy Mattie McGrath suggested that in a particular constituency the Revenue will hold back the assessment letters which are due to go out because there was a by-election pending in it. The Revenue does not operate that way.

Finance (Local Property Tax) (Amendment) Bill 2013: Committee Stage (Resumed) and Remaining Stages (5 Mar 2013)

Michael Noonan: One of the best things we have in the country is a public service that is above reproach. In particular, the Revenue has very high standards.

Finance (Local Property Tax) (Amendment) Bill 2013: Committee Stage (Resumed) and Remaining Stages (5 Mar 2013)

Michael Noonan: They have very high standards indeed.

Finance (Local Property Tax) (Amendment) Bill 2013: Committee Stage (Resumed) and Remaining Stages (5 Mar 2013)

Michael Noonan: All the Deputies on the Dáil committee last week were full of their praise for the chairperson of the Revenue Commissioners.

Finance (Local Property Tax) (Amendment) Bill 2013: Committee Stage (Resumed) and Remaining Stages (5 Mar 2013)

Michael Noonan: Deputy Dara Murphy raised the issue of flooding and flood relief works. The value may rise considerably after relief works are carried out. However, if value was previously self-assessed honestly, there will be no comeback from the Revenue. There will be no retroaction activity by the Revenue on this. Indeed, values determined now will be valid until 2016. If one's flooding problem is...

Finance (Local Property Tax) (Amendment) Bill 2013: Committee Stage (Resumed) and Remaining Stages (5 Mar 2013)

Michael Noonan: Deputy Pearse Doherty raised the issue of local authorities. He is correct. The Bill states that the charge will be a charge on the local authority and then, if the local authority decides to absorb that charge, and some local authorities still are in a position to absorb charges, then it is free to do so. If, on the other hand, the local authorities want to pass it on, if it is a reserve...

Finance (Local Property Tax) (Amendment) Bill 2013: Committee Stage (Resumed) and Remaining Stages (5 Mar 2013)

Michael Noonan: We can wash our hands of it if those we elect to local authorities are not capable of making decisions along these lines.

Finance (Local Property Tax) (Amendment) Bill 2013: Committee Stage (Resumed) and Remaining Stages (5 Mar 2013)

Michael Noonan: Somebody inquired about management fees. The requirement to pay management fees is not relevant in determining liability to property tax. Properties in managed estates to which such fees apply would have been purchased by their owners in the knowledge that they would be taking on a commitment to partake in and fund the management of the estate, and that it was the intention that many such...

Finance (Local Property Tax) (Amendment) Bill 2013: Committee Stage (Resumed) and Remaining Stages (5 Mar 2013)

Michael Noonan: -----and a sinking fund for certain repairs to buildings. These are costs which home owners and other households themselves must fund for their own-----

Finance (Local Property Tax) (Amendment) Bill 2013: Committee Stage (Resumed) and Remaining Stages (5 Mar 2013)

Michael Noonan: Some do.

Finance (Local Property Tax) (Amendment) Bill 2013: Committee Stage (Resumed) and Remaining Stages (5 Mar 2013)

Michael Noonan: All right. Deputy Wallace made the point that if some houses in a housing estate are affected by pyrite then the whole estate should be exempted because the same conditions would reveal right through the estate. That is also a matter for the Department of the Environment, Community and Local Government to decide. Some briefing notes I have seen from that Department would suggest that...