Results 22,381-22,400 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Property Tax Administration (28 Jan 2016)

Michael Noonan: I am advised by Revenue that according to its records the person in question opted to pay his 2016 Local Property Tax (LPT) liability using the Payment Service Provider (PSP) method. On foot of the Deputy's Question, Revenue made direct contact with the person who confirmed that he selected the PSP option in error and wished to meet his 2016 LPT liability via weekly deductions from his...

Written Answers — Department of Finance: Vehicle Registration (28 Jan 2016)

Michael Noonan: I am advised by Revenue that the car in question does not appear to have been presented for registration. If the person concerned wishes to query the value they should contact Revenue's Central Vehicle Office at 053-9161200.

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (28 Jan 2016)

Michael Noonan: As the Deputy is aware, the Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provides relief from VAT and VRT (up to a certain limit) on the purchase of an adapted car for transport of a person with specific severe and permanent physical disabilities, a fuel grant, and an exemption from Motor Tax. I note the comments in the letter attached by the Deputy. I understand...

Written Answers — Department of Finance: Credit Unions (28 Jan 2016)

Michael Noonan: As I previously advised the Deputy, the credit union sector is aware of the need to consider ways of increasing its income and developing its business model. I am pleased that this topic is being seriously considered and that various options are being explored by the sector. My Department has received a number of proposals in relation to social housing. While the Department of...

Written Answers — Department of Finance: Tax Collection (28 Jan 2016)

Michael Noonan: I am advised by Revenue that an appeal has been lodged by the person concerned against assessments raised by Revenue. These assessments were raised in the absence of agreement on the quantum of tax due by the person concerned. The matter will be progressed further in light of the outcome of that appeal.

Written Answers — Department of Finance: Living City Initiative (28 Jan 2016)

Michael Noonan: I am advised by the Revenue Commissioners that, in relation to the Living City Initiative, applications are only required to be made to the relevant local authority under the residential element of the scheme. Applications are not required to be made under the commercial element of the scheme.  Based on information received from the City and County Councils to date, the numbers of...

Written Answers — Department of Finance: Liquor Licensing Laws (28 Jan 2016)

Michael Noonan: I am informed by the Revenue Commissioners that the structure of licences for pubs and off-licences is provided for under the liquor licensing laws. With regard to off-licences, a separate licence is required to sell spirits, wine, beer, cider or sweets for consumption off the premises. The duty for each licence is €500 and is charged on a flat rate basis. Therefore, the annual...

Written Answers — Department of Finance: Tax Yield (28 Jan 2016)

Michael Noonan: I am advised by the Revenue Commissioners that their Headline Results, which they publish each year on their website, provide details of the compliance yield arising from the various compliance programmes conducted by Revenue. These are available on Revenue's website at and are shown on Page 3 of the annual Headline Results reports.

Written Answers — Department of Finance: Departmental Reports (28 Jan 2016)

Michael Noonan: In response to the Deputy's question please see below in tabular form, the reports, reviews and studies commissioned by my Department (table 1), or agencies under the aegis of my Department (table 2) commissioned, since 9 March 2011, by date of commission, by date of completion, by date of publication and by cost. Table 1 Department of Finance Name External Consultant Report Cost...

Written Answers — Department of Finance: Strategic Banking Corporation of Ireland (28 Jan 2016)

Michael Noonan: The Strategic Banking Corporation of Ireland (SBCI) was created to ensure increased lending, at a lower cost, to Irish SME's by channelling lower cost financing from European Investment Bank (EIB) and KfW though lending partners known as on-lenders. The SBCI was launched in February 2015, and commenced lending via its initial on-lending partners, Bank of Ireland and AIB, in March 2015. KfW,...

Written Answers — Department of Finance: Tax Data (28 Jan 2016)

Michael Noonan: A comprehensive analysis of the high earners restriction is published on an annual basis. These reports are available at my Department's website, http://and the website of the Revenue Commissioners at At the time of publication, I also sent a copy of the reports to each of the main opposition Finance spokespersons. The latest full year for which information is available is 2013 and...

Written Answers — Department of Finance: Quinn Insurance Limited (28 Jan 2016)

Michael Noonan: In 2010, Joint Administrators were appointed by the High Court, at the request of the Central Bank of Ireland, because of concerns about the solvency position of Quinn Insurance Limited (QIL). The table below sets out the total fees and costs inclusive of VAT incurred by Grant Thornton as Administrators of QIL for the period 2010 to end-September 2015. All fees paid to Grant...

Written Answers — Department of Finance: Economic Data (28 Jan 2016)

Michael Noonan: Estimates of the output gap set out in Table 11 of the Budgetary documentation point to a positive output gap in the region of 2-2 ½ percent of potential GDP in 2015-2016, with this gap gradually closing over the forecast horizon to 2021. These estimates are based on the harmonised methodology for calculating output gaps commonly agreed at EU level. It is important to...

Written Answers — Department of Finance: Bank Codes of Conduct (28 Jan 2016)

Michael Noonan: I presume that the question refers to measures to encourage or assist customers of Irish banks in moving to other banks. The Deputy will be aware that the Central Bank's Code of Conduct on Current Account Switching came into effect on 1 October 2010. This Code is designed to make the process of switching current accounts easier and quicker and to offer protection and support for...

Written Answers — Department of Finance: Film Industry Tax Reliefs (28 Jan 2016)

Michael Noonan: I am advised by the Revenue Commissioners that a wide range of statistical information is available on the Commissioners' Statistics webpage at: . The Deputy will be aware that the Income Tax scheme for investment in Film was replaced in 2015 by a new scheme of Corporation Tax relief to Film Producer Companies. The new scheme has been in place since January 2015. The operation of the scheme...

Written Answers — Department of Finance: Bank Codes of Conduct (28 Jan 2016)

Michael Noonan: The Deputy will be aware that the Central Bank's Code of Conduct on Mortgage Arrears (CCMA) is a statutory Code issued under Section 117 of the Central Bank Act 1989 and that it applies to all regulated mortgage lenders and credit servicing firms operating in the State when dealing with borrowers facing or in mortgage arrears on their primary residence.  The completion of...

Written Answers — Department of Finance: Fuel Laundering (28 Jan 2016)

Michael Noonan: I am advised by the Revenue Commissioners that the number of oil laundries detected and closed down in the period from 2011 to 2014 was 31. Details of those detections, by year and by the counties in which they occurred, are set out in the following table. Year Cavan Donegal Dublin Laois Louth Meath Monaghan Offaly Waterford Totals 2011 0 1 0 0 1 1 6 0 0 9 2012 1 0 0 0 7 0 3 0 0 11 2013...

Written Answers — Department of Finance: Blind Welfare Allowance Eligibility (28 Jan 2016)

Michael Noonan: A blind person who maintains a trained guide dog is allowed a sum of €825 per year in computing the gross eligible health expenses.  This is the equivalent of a tax credit of €165 and is only available in respect of fully trained guide dogs.  The qualification criteria for granting this additional relief is that the individual must be entitled to the Blind Person's Tax...

Written Answers — Department of Finance: Insurance Industry (28 Jan 2016)

Michael Noonan: The liquidation of an insurance company is a legally complex process.  Setanta is a Maltese incorporated company and, therefore, the Setanta liquidation is being carried out under Maltese law.  Progress in the liquidation of Setanta Insurance has been awaiting the outcome of legal proceedings in the case of the Law Society of Ireland versus the Motor Insurers' Bureau of Ireland...

Written Answers — Department of Finance: Pension Provisions (28 Jan 2016)

Michael Noonan: I am informed by the Revenue Commissioners that in relation to what are known as "Trivial Pensions" they allow the payment of once off pensions in certain limited circumstances. If the scheme beneficiary and trustees agree, Revenue will raise no objection to the payment of once off pensions. This may only take place where the total of all funds available for pension benefits, following...