Results 2,281-2,300 of 27,019 for speaker:Michael Noonan

Written Answers — Departmental Expenditure: Departmental Expenditure (29 Jun 2011)

Michael Noonan: The following table gives the cost of the two most recent referendums: Lisbon 1, 12 June 2008 and Lisbon 2, 2 October 2009. Lisbon I Lisbon II €(000) €(000) To conduct the election including the printing of ballot papers and supply/delivery of election material the bulk of this figure is paid to Returning Officers' to conduct the election. 13,641 12,662 Postal Expenses 3,540 1,703...

Written Answers — Tax Code: Tax Code (29 Jun 2011)

Michael Noonan: I propose to take Questions Nos. 67 and 68 together. The estimated full year savings through the application of a 40% and 45% charge on all earnings above €100,000 of Public Servants would be some €105m and €120m respectively. The estimate takes account of the reductions in pay arising from the Financial Emergency Measures in the Public Interest (No. 2) Act, 2009, but does not take...

Written Answers — National Treasury Management Agency: National Treasury Management Agency (29 Jun 2011)

Michael Noonan: I propose to take Questions Nos. 69, 71, 73 and 76 together. Under the National Treasury Management Agency (NTMA) business model, its remuneration structure (including for staff employed on NAMA work) is such that there are no general pay grades and no pay scales and all staff are on individually-negotiated contracts. The legislation which established the NTMA positioned it outside of the...

Written Answers — Banking Sector Remuneration: Banking Sector Remuneration (29 Jun 2011)

Michael Noonan: I propose to take Questions Nos. 70, 72, 74 and 75 together. Under the Central Bank Act 1942, the employment of staff at the Central Bank and their terms and conditions are matters for the Central Bank Commission. However, I have been informed by the Central Bank of the information set out in the tables below. The information includes information relating to the Irish Financial Services...

Written Answers — Public Service Contracts: Public Service Contracts (29 Jun 2011)

Michael Noonan: In general, recruitment to public service posts is on the basis of competition open to all eligible candidates. However, to respond to particular needs, former civil and public servants may be re-engaged in areas where specific expertise is required for a short, fixed period and where they provide a level of knowledge, experience and background that is compatible with requirements. If...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (29 Jun 2011)

Michael Noonan: The interest rates that financial institutions operating in Ireland grant or charge to customers are determined as a result of a commercial decision by the institutions concerned. The interest rates in question are determined by a broad range of factors such as the European Central Bank base rates, deposit rates, market funding costs, the competitive environment and an institution's overall...

Written Answers — Post Office Savings Bonds: Post Office Savings Bonds (29 Jun 2011)

Michael Noonan: All State Savings money is placed directly with the Irish Government. Repayment of all NTMA State Savings money, which includes principal, interest and bonus payments if due (or, in respect of Prize Bonds, cash prizes), is a direct, unconditional obligation of the Government of Ireland. State Savings is the brand name used by the National Treasury Management Agency (NTMA) to describe the...

Written Answers — Public Sector Staff: Public Sector Staff (29 Jun 2011)

Michael Noonan: I refer the Deputy to my answer to Question No. 83 of 21 June 2011. As soon as the information requested is available, full details up to and including 2014 will be published on the website of the Department of Public Expenditure and Reform.

Written Answers — Tax Code: Tax Code (29 Jun 2011)

Michael Noonan: In its ruling of 16 July 2009 in Case C-554/07, the European Court of Justice found that Ireland had failed to correctly transpose EU VAT law regarding public bodies including local authorities. In order to comply with the ruling, it was necessary to make public bodies subject to VAT and the Finance Act 2010 included a provision to this end. This provision is now contained in Section 14 of...

Written Answers — Tax Reliefs: Tax Reliefs (29 Jun 2011)

Michael Noonan: I am informed by the Revenue Commissioners that a PAYE Balancing Statement granting relief in respect of Health Expenses claimed on a form MED 1 submitted for 2010 was issued to the person in question on 14 January 2011. An additional a copy of the PAYE Balancing Statement was issued to the person in question on 4 February 2011. I am advised by the Revenue Commissioners that they have no...

Written Answers — Public Sector Recruitment: Public Sector Recruitment (29 Jun 2011)

Michael Noonan: I am advised by the Revenue Commissioners that no recruitment campaigns are currently under way. In accordance with the Revenue Commissioners action plan under the Public Service Agreement, they are planning in the coming months, subject to sanction, to fill crucial skills gaps and strengthen capability in the organisation through targeted recruitment, as they did previously in 2010.

Written Answers — Tax Yield: Tax Yield (29 Jun 2011)

Michael Noonan: I am informed by the Revenue Commissioners that the yield from all tobacco products for the years 2008-2010 and the first five months of 2011 is as follows: Year Tobacco Products Tax VAT (estimated) 2008 â'¬1,171 million â'¬337 million 2009 â'¬1,216.5 million â'¬336 million 2010 â'¬1,159.6 million â'¬318 million 2011 (Jan to May) â'¬253.7 million â'¬128 million

Written Answers — Official Engagements: Official Engagements (29 Jun 2011)

Michael Noonan: On my recent visit to New York and Washington, I had a series of economic, financial, media and cultural engagements. These included meetings with the IDA, Enterprise Ireland, senior officials and representatives from various client companies and certain target IDA companies. While in New York, my engagements included meetings with legal and financial market advisers including an investor...

Written Answers — EU Negotiations: EU Negotiations (29 Jun 2011)

Michael Noonan: As the Deputy will be aware, the Euro area heads of state and government agreed in principle to a reduction in the interest margin charged to programme countries. This has been applied in respect of Greece and Portugal. However, a decision to apply it to Ireland's loans has not yet been taken. This is because another Member State is asking Ireland to deliver a quid pro quo in return for an...

Written Answers — Public Sector Pay: Public Sector Pay (29 Jun 2011)

Michael Noonan: I propose to take Questions Nos. 88 and 89 together. It is intended that new chief executive appointments will be made at the new appointments rate as outlined in the table that follows this reply. For incumbent CEOs the relevant "Hay" range, does not represent a pay scale - rather a single salary point within the range is sanctioned by the relevant Minister with the consent of the Minister...

Written Answers — Tax Code: Tax Code (29 Jun 2011)

Michael Noonan: VAT is charged on the supply of goods and services, and the rate applying is subject to the requirements of EU VAT law with which Irish VAT law must comply. The provision of sporting facilities is among a number of tourist related services being made subject to a new temporary lower reduced VAT rate of 9% from 1 July next. All other goods and services that apply at a reduced rate will...

Written Answers — National Asset Management Agency: National Asset Management Agency (29 Jun 2011)

Michael Noonan: NAMA informs me that there is no register of persons who have received payments from the Agency. In the normal course of its operations, NAMA advances funds to debtors for working capital purposes or to enable projects to be completed. Over €800m has been advanced to debtors for these purposes since March 2010. NAMA cannot disclose the names of individual debtors because companies and...

Written Answers — National Asset Management Agency: National Asset Management Agency (29 Jun 2011)

Michael Noonan: I assume that the Deputy is referring to NAMA debtors. A register of bankrupts is available at the Office of the Examiner of the High Court and I am advised by NAMA that bankruptcy searches are carried out by NAMA as a matter of course on any personal borrower/guarantor prior to the advance of new funds or on a restructure. Bankruptcy searches are also carried out prior to loan acquisition....

Written Answers — Tax Code: Tax Code (29 Jun 2011)

Michael Noonan: There are no proposals to specifically subject lump sum retirement gratuities of retained fire fighters to income tax other than what applies to all taxpayers. Section 201 of the Taxes Consolidation Act 1997 and Schedule 3 to that Act set out the legislation in relation to the exemptions that apply to retirement gratuities, and the taxation of any balance after applying these exemptions. The...

Written Answers — Banking Sector: Banking Sector (29 Jun 2011)

Michael Noonan: I propose to take Questions Nos. 94 and 95 together. The search for a new Chief Executive Officer (CEO) of Allied Irish Banks is continuing. The Deputy will be aware from my statement to the House on 31 March 2011 that this bank is to become one of the two domestic universal full-service banks to act as core pillars to the Irish banking system. How to achieve this objective is the effective...