Results 20,361-20,380 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Departmental Staff Training (2 Jul 2015)

Michael Noonan: The Department of Finance continues to invest in staff development in order to supplement the skills and qualifications of our teams, through a combination of internal and external training, learning and development. The Department strives to improve learning and development in order to develop greater professional, technical, management and leadership skills.  Using the Performance...

Written Answers — Department of Finance: Departmental Staff Training (2 Jul 2015)

Michael Noonan: The Department of Finance continues to invest in staff development in order to supplement the skills and qualifications of our teams, through a combination of internal and external learning and development activities. The Department strives to improve learning and development in management and leadership skills in order to continue to perform at the highest levels. The Department was...

Written Answers — Department of Finance: Central Bank of Ireland Expenditure (2 Jul 2015)

Michael Noonan: Under Section 6D of the Central Bank Act 1942, as amended, the Central Bank Commission is responsible for administrating the staffing of the Central Bank with a view to enabling the Central Bank to perform and exercise its functions and powers. Section 6D also provides that the Central Bank Commission is responsible for the establishment...

Written Answers — Department of Finance: Departmental Staff Training (2 Jul 2015)

Michael Noonan: I am advised by the Office of the Revenue Commissioners that building and retaining internal capacity and expertise is a key corporate priority and critical to the achievement of Revenue's strategic objectives. Through a range of relevant programmes and schemes, Revenue supports employees in achieving relevant professional qualifications.  Third level academic courses are part of the...

Written Answers — Department of Finance: Banking Sector Regulation (2 Jul 2015)

Michael Noonan: As the Deputy will be aware under the Relationship Frameworks the State does not intervene in the day to day operations of the banks in which it holds investments or their management decisions regarding commercial matters and hence any discussions around matters such as outsourcing are a matter for the bank, the relevant staff and their union representatives. Notwithstanding...

Written Answers — Department of Finance: NAMA Assets Sale (2 Jul 2015)

Michael Noonan: As the Deputy is aware, NAMA has acquired and manages loans and is not the owner/operator of properties. The Agency's role is that of a secured lender. Other than properties that have been enforced, all of which are listed on NAMA's website and which are managed by the appointed receivers/administrators, properties continue to be managed by their existing owners or their professional...

Written Answers — Department of Finance: Excise Duties (2 Jul 2015)

Michael Noonan: Chapter 1 of Part 2 of the Finance Act 2003 (as amended) provides that the rate of Alcohol Products Tax (APT) on beer exceeding 0.5% alcohol by volume (ABV) but not exceeding 1.2% is €0.00, the rate of APT on beer exceeding 1.2% ABV but not exceeding 2.8% ABV is €11.27 per hectolitre per cent of alcohol in the beer, and the rate of APT on beer exceeding 2.8% ABV is...

Written Answers — Department of Finance: NAMA Assets Sale (2 Jul 2015)

Michael Noonan: I propose to take Questions Nos. 80 to 86, inclusive, together. As Minister for Finance, it would not be appropriate for me to comment on any individual transactions. On the more general questions raised by the Deputy, I am advised that NAMA is a designated person pursuant to Section 25(1) of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (the "Act") when it...

Written Answers — Department of Finance: Ministerial Expenditure (2 Jul 2015)

Michael Noonan: The information requested by the Deputy is taken from the expenses payment system used by my Department and is outlined in the table. Expense Description (2011-15) From To Expense Type Expense Amount (€) Date Paid Vouched (Y) Eurogroup & ECOFIN IRELAND BELGIUM Brussels OVERNIGHT RATE 289.33 12-May-2011 Eurogroup & ECOFIN IRELAND BELGIUM Brussels...

Seanad: Consumer Protection (Regulation of Credit Servicing Firms) Bill 2015: Report and Final Stages (2 Jul 2015)

Michael Noonan: I thank Senator Darragh O'Brien for his contribution today and all Senators for their contributions on Second and Committee Stage. I apologise for not being here for the early Stages of the Bill. On account of the situation in Greece, over a ten-day period we have had Eurogroup meetings outside the country, one in Luxembourg and four in Brussels, as well as two full teleconferences. The...

Seanad: Consumer Protection (Regulation of Credit Servicing Firms) Bill 2015: Report and Final Stages (2 Jul 2015)

Michael Noonan: He can be assured it will be treated confidentially.

Seanad: Consumer Protection (Regulation of Credit Servicing Firms) Bill 2015: Report and Final Stages (2 Jul 2015)

Michael Noonan: The legislation is not retrospective in so far as we use the word in legal terms. It is very difficult to legislate retrospectively. However, the legislation will apply to all loans as defined, regardless of when they were acquired, thus capturing loan books that have already been sold, which is the net point. A similar approach was used in 2013 on debt management firms. Also, when the...

Written Answers — Department of Finance: Eurozone Crisis (7 Jul 2015)

Michael Noonan: Greece remains a full member of the euro area and it is in all our interests that this continues to be the case. However, as a member of the euro area, each Member State has obligations, and this is no different for Greece.  The second economic adjustment programme for Greece expired on 30 June and all associated financing attached has also expired. Any agreement at this...

Written Answers — Department of Finance: Eurozone Crisis (7 Jul 2015)

Michael Noonan: Any programme between Greece and its creditors must be based on credible, growth-friendly measures that strike an appropriate balance between fiscal consolidation on the one hand and supporting economic recovery on the other hand.  My primary objective therefore is that, if a programme can be negotiated, there is ownership by the authorities and the measures implemented are as...

Written Answers — Department of Finance: Eurozone Crisis (7 Jul 2015)

Michael Noonan: Discussions regarding the Greek programme, its financing needs and the sustainability of its debt take place at the euro area level, involving Finance Ministers (the Eurogroup). The Eurogroup in its statement of November 2012 committed to considering further measures and assistance (including inter alia lower co-financing in structural funds and/or further interest rate reductions on the...

Written Answers — Department of Finance: European Financial Stability Facility (7 Jul 2015)

Michael Noonan: Financial market developments in the euro area (outside of Greece) have been relatively calm in recent days despite the announcement of the Greek referendum and the subsequent results on Sunday. While some Member States initially experienced some widening of bond yields, this was relatively small and suggests that the firewalls created and the governance changes made...

Written Answers — Department of Finance: Personal Public Service Numbers (7 Jul 2015)

Michael Noonan: I am advised by the Revenue Commissioners that the person in question is a non-resident owner of a residential property located in the Republic of Ireland. As far as the Commissioners are aware the person does not hold an Irish Personal Public Service Number (PPSN) and was allocated a Local Property Tax (LPT) 'Customer Number' purely to facilitate her online payment and filing obligations...

Written Answers — Department of Finance: Tax Code (7 Jul 2015)

Michael Noonan: The VAT rating of goods and services is subject to the requirements of EU VAT law with which Irish VAT law must comply. In this regard, the rate of VAT that applies to a particular good or service is determined by the nature of the good or service, and not by the status of the customer. Children's clothing and footwear are subject to the zero rate for children which is defined as the...

Written Answers — Department of Finance: Tax Code (7 Jul 2015)

Michael Noonan: I have no plans to introduce an incentive along the lines suggested by the Deputy. The Deputy will appreciate that tax reliefs and exemptions have costs which have to be paid for and their introduction must be considered only where there is a clear economic and social policy need to be addressed.  As the Deputy will appreciate, I receive numerous...

Written Answers — Department of Finance: Tax Code (7 Jul 2015)

Michael Noonan: I am advised by the Revenue Commissioners that having regard to the provisions of Section 851A of the Taxes Consolidation Act 1997, whereby they are obliged to treat taxpayer information confidentially, they are precluded from providing the information requested by the Deputy. Where an employee has specific concerns about the return to Revenue, by their employer, of PAYE/PRSI deductions...