Results 22,401-22,420 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Research and Development Supports (28 Jan 2016)

Michael Noonan: I assume that the Question relates to the annual Exchequer cost of the Research and Development (R&D) tax credit. I am informed by the Revenue Commissioners that the information is as follows:  Year Exchequer Cost 2011 €261m 2012 €282m 2013 €421m Published statistics in respect of the R&D tax credit are available on the Revenue...

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

Michael Noonan: I am advised by the Revenue Commissioners that under the EU VAT Directive (Council Directive 2006/112/EC) and Irish VAT legislation, the full consideration for the supply of all developed residential property is liable to VAT at the rate of 13.5%.  Specifically, Article 73 of the Directive provides that the taxable amount shall include everything which constitutes consideration obtained...

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

Michael Noonan: The information requested by the Deputy is set out below: Name External Consultant Report Cost Year Published Dr Don Thornhill Review of Local Property Tax Nil 2015 Published - October 2015 ESRI Tax breaks and the residential property market €30,677.43 2015 Published - October 2015 IBFD Spillover analysis of the effects of the Irish tax system on the economies of developing...

Written Answers — Department of Finance: Public Inquiries (28 Jan 2016)

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

Written Answers — Department of Finance: NAMA Operations (28 Jan 2016)

Michael Noonan: A total of six directions, pursuant to Section 14 of the NAMA Act 2009, have been made to the Agency since its inception. One additional function, pursuant to Section 11(3) of the NAMA Act, has been conferred upon NAMA since inception. All directions and statutory instruments issued under the NAMA Act are laid before each House of the...

Written Answers — Department of Finance: Revenue Commissioners Resources (28 Jan 2016)

Michael Noonan: I am advised by the Revenue Commissioners that expenditure on press-clippings and broadcast monitoring services for each year during the period in question was as follows: Year Expenditure 2011 €53,963 2012 €50,928 2013 €51,855 2014 €54,111 2015 €55,095

Written Answers — Department of Finance: Ministerial Allowances (28 Jan 2016)

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

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

Michael Noonan: My Department avails of a service which provides a "pay as you go" facility for the delivery of full text transcripts from a variety of broadcast sources. The information sought by the Deputy is set out in the following table: Year Media clipping and media monitoring services Cost 2011 Provision of transcripts and monitoring licence Zenark Ltd. €6597.50 2012 Provision of...

Written Answers — Department of Finance: Multi-annual Budget Plans (28 Jan 2016)

Michael Noonan: My Department's latest forecasts, which underpin Budget 2016, are set out in the Economic and Fiscal Outlook, published as part of the Budget 2016 documentation. They project GDP growth of 6.2 per in 2015 and 4.3 per cent in 2016, with an average growth rate of around 3 per cent for subsequent years.  The text in the Budget documentation explicitly recognises that...

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

Michael Noonan: I have been advised by Revenue that the person concerned has been written to requesting the necessary information to review her tax affairs for 2015. The matter will be considered further by Revenue on receipt of the requested information.

Written Answers — Department of Finance: Home Tuition Scheme Staff (2 Feb 2016)

Michael Noonan: I am advised by the Revenue Commissioners that, in the context of an audit over the last few years, it was determined by Revenue that the home tutors referred to by the Deputy are employed under a contract of service i.e. they are employees.  They are engaged by the parent(s) subject to satisfying criteria specified by the Department of Education and Skills. Prior to September 2015, the...

Written Answers — Department of Finance: Property Tax Yield (2 Feb 2016)

Michael Noonan: I am advised by the Revenue Commissioners that statistics relating to Local Property Tax (LPT) can be found on the statistics webpage of the Revenue website at . Specifically, the most recently available LPT information, including LPT collected by Local Authority, is available at. The most recent statistics relate to October 2015, and I understand from the Revenue Commissioners that updates...

Written Answers — Department of Finance: Financial Services Ombudsman (2 Feb 2016)

Michael Noonan: I propose to take Questions Nos. 165 and 173 together. The Statute of Limitations comes under the aegis of my colleague the Minister for Justice and Equality and I understand that the operation of the law in relation to the Statute of Limitations is a matter of ongoing review at that Department.   In relation to financial services, as the Deputy is aware, Section 57BX (3)(b)...

Written Answers — Department of Finance: Financial Services Ombudsman Data (2 Feb 2016)

Michael Noonan: The scope of this question is very broad and I do not have access to the data requested by the Deputy specifically awarded for mis-selling. Compensation may be awarded by the Courts as well as by agencies under my aegis and there can be multiple reasons for awards of compensation. In relation to bodies under my aegis, I have been advised by the Central Bank that the Bank does...

Written Answers — Department of Finance: Departmental Agencies Staff Remuneration (2 Feb 2016)

Michael Noonan: The National Treasury Management Agency have informed me that no performance related payments have been made to date by the NTMA in respect of financial year 2015.  Performance related payments made in 2015 relating to financial year 2014 totalled €79,200 and were paid to 16 people. The highest individual payment was €10,000. I am also advised that no such...

Written Answers — Department of Finance: Tax Credits (2 Feb 2016)

Michael Noonan: I am advised by Revenue that the tax credits for the person concerned were adjusted to deal with underpayments of tax which were reflected in PAYE Balancing Statements issued in June last year. The matter has been discussed with the person concerned and the adjustment has been spread over a longer timeframe to minimise the financial impact.

Written Answers — Department of Finance: Fuel Laundering (2 Feb 2016)

Michael Noonan: I propose to take Questions Nos. 169 to 171, inclusive, together. I am advised by the Revenue Commissioners that following the introduction of a new marker to all rebated mineral oil last year in Ireland and the UK, the Commissioners procured five portable analysers at a cost of €285,000 for use in the detection of the new marker in road fuel. The analysers, which are micro Gas...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (2 Feb 2016)

Michael Noonan: As the Deputy is aware, any person who receives a Primary Medical Certificate may avail of the Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme. These certificates are issued by the HSE. Accordingly, it may be more appropriate to ask my colleague the Minister for Health the number of successful applications for the Primary Medical Certificate per county.

Written Answers — Department of Finance: Tax Rebates (2 Feb 2016)

Michael Noonan: I am advised by Revenue that due to a processing error an initial review of the tax position of the person concerned suggested that tax was due for 2015. A further review confirms that a refund of tax is due. Revenue has arranged for the issue of an amended PAYE Balancing Statement for 2015 and the refund due will issue very shortly.

Written Answers — Department of Finance: Tax Code (2 Feb 2016)

Michael Noonan: Where a couple is cohabiting, rather than married or in a civil partnership, each partner is treated for the purposes of income tax as a separate and unconnected individual. Because they are treated separately for tax purposes, tax credits, tax bands and reliefs cannot be transferred from one partner to the other. Cohabitants do not have the same legal rights and obligations as a married...