Results 22,141-22,160 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Tax Reliefs Data (17 Dec 2015)

Michael Noonan: I am advised by the Revenue Commissioners that a wide range of statistical information is available on the Commissioners' Statistics webpage: . In relation to the Deputy's Question, the latest information on the cost and numbers benefiting from the Exemption of Certain Earnings of Writers, Composers and Artists scheme can be found at . The latest full year for which information is available...

Written Answers — Department of Finance: Local Government Fund (17 Dec 2015)

Michael Noonan: The following table sets out full details regarding payments from the Local Government Fund, under the provisions of section 6(2)(c) of the Local Government Act 1998 as amended. Year Request date Amount Requested Transfer date Amount received 2014 16 December 2014 €520 million 31 December 2014 €520 million 2015 4 September 2015 €250 million 18 September 2015...

Written Answers — Department of Finance: NAMA Debtors (17 Dec 2015)

Michael Noonan: Information on NAMA debtor bankruptcy is set out in the following tables by year and jurisdiction. Bankruptcies per Jurisdiction Country 2009 2010 2011 2012 2013 2014 2015 Total Ireland 3 2 3 3 1 5 5 22 GB & NI 1 1 13 29 15 10* 2 71* U.S.A. - - - - 2 - - 2 South Africa - - - - - - 1 1*Some of these are debtors which transferred as part of the Project Eagle or Project Arrow...

Written Answers — Department of Finance: NAMA Legal Fees (17 Dec 2015)

Michael Noonan: I am advised by NAMA that it has incurred total legal costs of €127,324 in the case referenced by the Deputy.  The breakdown of the costs is set out below. High Court € Counsel Paul Sreenan SC €3,950 Brian Murray SC €22,000 Ciaran Lewis BL €22,000 Solicitors Fees €20,000 Stenographer   €839 Supreme Court Counsel ...

Written Answers — Department of Finance: Central Bank of Ireland Enforcement Actions (17 Dec 2015)

Michael Noonan: The Central Bank has provided me with the following information on fines greater than €100,000 it has imposed over the past three years. Year Name Date € 2013 Quinn Insurance Ltd (under Administration) 18/02/2013 €5,000,000 Fine waived in the public interest Citibank Europe plc 11/12/2013 €550,000 Allied Irish Banks plc 17/12/2013 €490,000 Total...

Written Answers — Department of Finance: Mortgage Repayments (17 Dec 2015)

Michael Noonan: The Deputy will be aware that I, in my role as Minister for Finance, have no direct function in the relationship between the banks and their customers. I have no statutory function in relation to the commercial  decisions made by individual institutions at any particular time and these are taken by the board and management of the relevant institution. A Relationship...

Written Answers — Department of Finance: Home Renovation Incentive Scheme Eligibility (17 Dec 2015)

Michael Noonan: The Home Renovation Incentive provides tax relief by way of a tax credit at 13.5% of qualifying expenditure on repair, renovation and improvement works on a person's main home or rental property.  I am informed by the Revenue Commissioners that works on a dwelling, which are aimed at preventing the risk of flooding, where they otherwise meet the terms of the Incentive, will qualify for...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (17 Dec 2015)

Michael Noonan: In order for a vehicle to qualify for relief under the Drivers & Passengers with Disabilities Scheme, it must be specially constructed or adapted to take account of a person's disablement. In the case of hand controls, an Individual Vehicle Approval certificate is required to confirm that the work carried out meets NSAI (National Standards Authority of Ireland) standards. I am assured...

Written Answers — Department of Finance: Tax Data (17 Dec 2015)

Michael Noonan: I propose to take Questions Nos. 162 to 164, inclusive, and 166 together. I am informed by the Revenue Commissioners that a Post-Budget 2016 Ready Reckoner is available on the Revenue Statistics webpage at: . This Ready Reckoner shows a wide range of information including the projected number and percentage of income earners who are exempt and who pay income tax and Universal Social...

Written Answers — Department of Finance: Tax Exemptions (17 Dec 2015)

Michael Noonan: I am informed by the Revenue Commissioners that the estimated number of persons 65 years of age and over who are considered exempt from income tax is 26,000. I would point out that these figures are based on the number of persons who make returns to Revenue. They do not include persons whose income is below the income tax exemption limits but who do not make a return to Revenue. These...

Written Answers — Department of Finance: Tax Reliefs Data (17 Dec 2015)

Michael Noonan: I propose to take Questions Nos. 167 and 168 together. I am advised by the Revenue Commissioners that a wide range of statistical information is available on the Commissioners' Statistics webpage at http://www.revenue.ie/en/about/statistics/index.html . In relation to the Deputy's Question, the latest information on the cost and numbers benefiting from 'Allowable Expenses' can be found...

Written Answers — Department of Finance: Tax Avoidance Issues (17 Dec 2015)

Michael Noonan: I am advised by Revenue that such a facility as mentioned by the Deputy is in place. Revenue has a facility on its website that allows a person to report instances of tax evasion.  Information and the reporting form can be accessed through the following link:). Any such report will be followed through by Revenue. The person making the report may remain entirely anonymous if they so wish....

Written Answers — Department of Finance: Appointments to State Boards (17 Dec 2015)

Michael Noonan: In response to the Deputy's query in relation to the the number of appointments to State Boards under the aegis of my Department and the number of appointments that have been advertised on the Department s website, since March 2011, please find details in tabular form below.  I, and my Department are cognisant of the need to adhere to the Department of Public...

Written Answers — Department of Finance: Appointments to State Boards (17 Dec 2015)

Michael Noonan: In reply to the Deputy's question, please see listed below details of the chairpersons appointed to State Boards under the aegis of the Department (the Central Bank, Irish Fiscal Advisory Council, and National Asset Management Agency) who have appeared before the relevant Joint Oireachtas Committee, since March 2011. The Central Bank: While appointed before March 2011, the outgoing Chair...

Written Answers — Department of Finance: Commencement of Legislation (17 Dec 2015)

Michael Noonan: It has not been possible to collate the information requested in the time available. However the requested information will be collated and forwarded to the Deputy in writing.

Written Answers — Department of Finance: Living Wage (17 Dec 2015)

Michael Noonan: I wish to advise the Deputy that based on the gross hours per week of 43.25 hours 16 of my staff are currently earning less than €11.50 an hour. If these salaries were raised to a minimum threshold of €11.50 an hour then the total additional cost to my Department per annum would be €62,670.63. In relation to employees employed in agencies funded by my Department,...

Written Answers — Department of Finance: Black Economy (17 Dec 2015)

Michael Noonan: Individuals and businesses that operate within the shadow economy gain an unfair competitive advantage compared to legitimate, tax compliant businesses and deprive the Exchequer of much needed revenues.  The Deputy will be aware that I have introduced a number of legislative measures in recent years aimed at countering the effects of shadow economy activity.  These include: - the...

Written Answers — Department of Finance: Tax Credits (17 Dec 2015)

Michael Noonan: As the Deputy will be aware, the Earned Income Credit (EIC) of €550 for self-employed persons introduced in Budget 2016 will be available to an estimated 111,600 persons.  The EIC is available to taxpayers with active self-employed trading or professional income, and to business owner-managers who do not have access to the PAYE credit on salary income from their business.  ...

Written Answers — Department of Finance: Tax Code (17 Dec 2015)

Michael Noonan: I am advised by the Revenue Commissioners that the estimated annual duty from online betting at the rates quoted is as outlined in the table. The deputy will be aware that the provision only commenced in August 2015, so full year amounts are still estimated. Rate €m 1.5% 27 2.0% 36 2.5% 45

Written Answers — Department of Finance: Tax Exemptions (13 Jan 2016)

Michael Noonan: I am advised by Revenue that Section 2 of the Charities Act 2009 defines the criteria of a charitable organisation and also defines bodies that are excluded from the qualifying definition. Revenue has also advised me that the granting of charitable status is a question for the Charity Regulator since October 2014. The 'exclusion' includes 'approved bodies of persons' (such as sports...