Results 18,881-18,900 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Tax Yield (6 Dec 2012)

Michael Noonan: I am informed by the Revenue Commissioners that the total payments to the Exchequer resulting from the introduction of Carbon Tax are shown in the tables below. Carbon Tax 2010 2011 2012 (10Mths) €m €m €m Auto Diesel 98.41 97.53 107.17 Petrol 65.09 60.11 62.37 Aviation Gasoline 0.04 0.04 0.04 Kerosene 16.99 40.52 28.54 MGO 27.03...

Written Answers — Department of Finance: EU Directives (6 Dec 2012)

Michael Noonan: The taxation of energy products is to a certain extent harmonized at EU level. Directive 2003/96/EC known as the Energy Tax Directive (ETD) refers. The current ETD provides for minimum excise rates of taxation for energy products based on the volume of a product released for consumption. Member States must respect the minimum rates and not tax products below those rates, but are free to set...

Written Answers — Department of Finance: Budget Submissions (6 Dec 2012)

Michael Noonan: I have received a copy of the submission to which the Deputy refers. As with other pre-Budget submissions it was circulated to the relevant officials in my Department so that its contents could be considered in the context of the Budget and the forthcoming Finance Bill.

Written Answers — Department of Finance: Customs and Excise Controls (6 Dec 2012)

Michael Noonan: I am advised by the Revenue Commissioners that on 29 November 2012 the person concerned was stopped by a Revenue Customs Officer in the Customs Blue Channel at Dublin Airport. The person had arrived in Dublin on a flight from Istanbul having started her journey in China. As a traveller from a non-EU country, the person should not have attempted to exit the baggage hall by way of the Blue...

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: The previous Government agreed to all those things.

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: When will Fianna Fáil apologise to all these people?

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: Fianna Fáil will not outdo Sinn Féin.

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: We are making progress and in doing this I am setting out the likely levels of future revenue consolidation to reassure people and to boost their confidence. This will help businesses to plan and to invest and it will encourage people to plan their spending. It will allow the markets to assess the sustainability and credibility of our fiscal strategy in the full knowledge that what we have...

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: Any arrears that are not discharged before 1 July 2013 will be increased to €200 and will be collected through the local property tax system.

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: The local property tax is fair and progressive, as all property owners make a contribution-----

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: -----but those who own the most valuable properties will pay the most. Income Tax The Government continues to implement the programme for Government commitments of maintaining the current rates of income tax together with bands and credits and not increasing the top marginal rates of taxes on income. Ireland's income tax system is one of the most progressive income tax systems in the...

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: This measure will correct an anomaly so that women on maternity benefit will pay the same level of income tax as when they are working. Excise Duty I am not increasing excise duty on diesel and petrol.

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: With effect from midnight tonight, excise duty on a pint of beer or cider is being increased by 10 cent, on a standard measure of spirits by 10 cent and on a 75 cl bottle of wine by €1, with pro rata increases on other alcohol products. With effect from midnight tonight, the price of 20 cigarettes will increase by 10 cent and "roll your own" tobacco will increase by 50 cent per 25...

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: The rates of both VRT and motor tax across all categories will increase with effect from 1 January 2013. In order to incentivise a more year round motor market, I have decided to introduce a dual registration period. Therefore, in 2013 and subsequent years, vehicles registered from 1 January in 2013, for example, will carry a year tag of 131 and those registered in the second half of the...

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: -----a sentiment I believe is shared by the vast majority of Deputies in this House. Even though this commitment has been stated numerous times, it is worth repeating so that there can be no doubt. Ireland has for the past 50 years sought to have a competitive corporate tax strategy to attract job-rich foreign direct investment into Ireland. Our policies in respect of tax co-operation and...

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: This is the level of ambition the Government expects from all banks, whether State-owned or not. These commitments to helping people who are in unsustainable debt are not just social obligations on the Government. It is critical that the issue of mortgage debt is addressed because we cannot sustain a situation where more than 100,000 families could be effectively excluded from participation...

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: However, some people have been allowed by previous Governments to benefit from hugely generous pension arrangements subsidised by the taxpayer. While the Government wants to encourage those on lower and middle incomes to save for pensions, it will not allow pensions of the scale previously allowed to be accumulated at the expense of taxpayers whose actual earnings are, in many cases, a...

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: These changes in PRSI are progressive-----

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: -----as they will ensure that all sources of income are subject to PRSI. Local Property Tax I will now turn to the local property tax, which the Government is introducing as a better alternative to increased taxes on income. Property taxes are used across the world as they are better for the protection and creation of jobs than taxes that increase the cost of employment. The local...

Financial Resolutions 2013 - Budget Statement 2013 (5 Dec 2012)

Michael Noonan: I am widening the definition of registered farm partnerships to add other production partnerships, such as beef, to the 640 milk production partnerships that can already avail of the enhanced 50% rate of stock relief. Qualifying young trained farmers in such partnerships can continue to avail of the 100% rate of stock relief. Furthermore, as small businesses, many of the other reforms in...