Results 25,221-25,240 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Financial Services Regulation (24 Nov 2016)

Michael Noonan: The Tomlinson report dealt with the lending practices of UK banks to Small and Medium Sized Enterprises (SMEs) and it alleged that a division of Royal Bank of Scotland (RBS), the Global Restructuring Group, was guilty of "systematic and institutional behaviour" in artificially distressing otherwise viable businesses. Following this report, the UK's Financial Conduct Authority (FCA) appointed...

Written Answers — Department of Finance: Life Insurance Policies (24 Nov 2016)

Michael Noonan: I am advised by Revenue that the following table sets out the total amounts collected in respect of life assurance levy for the years requested by the Deputy. - 2010 2011 2012 2013 2014 2015 - €m €m €m €m €m €m Life Assurance Levy €45.03 €31.60 €24.12 €25.40 €27.85 €30.70

Written Answers — Department of Finance: Tax Collection (24 Nov 2016)

Michael Noonan: I am advised by Revenue that as the information concerned relates to the tax affairs of another individual, then in accordance with the confidentiality obligation imposed on Revenue by Section 851A Taxes Consolidation Act 1997, the information requested cannot be provided.

Written Answers — Department of Finance: Financial Services Regulation (24 Nov 2016)

Michael Noonan: The Central Bank does not publish information on applications for authorisation for confidentiality reasons. Authorised firms are listed on the Central Bank registers, which are available on registers.centralbank.ie. The Central Bank does publish at regular intervals its Regulatory Service Standards Performance Report. The most recent report is available from the...

Written Answers — Department of Finance: Revenue Commissioners Investigations (24 Nov 2016)

Michael Noonan: I am informed by Revenue that they have been engaged since 2014 in a compliance program that involves visits to pension providers, pension administrators and pension trustees in relation to the transfer of pension funds off-shore. The objective of the compliance program is to ensure that the purpose of any transfer of pension funds off-shore is for bona fide reasons and does not contravene...

Written Answers — Department of Finance: Fiscal Policy (24 Nov 2016)

Michael Noonan: Given the continued relatively weak recovery in the euro area as a whole, the European Commission is recommending that a modest fiscal expansion be undertaken in the euro area. An expansion of up to 0.5 per cent of GDP is recommended by the Commission.  It is crucial to stress that the Commission recommends that this expansion be differentiated by country and, in particular, with...

Written Answers — Department of Finance: Tracker Mortgage Data (24 Nov 2016)

Michael Noonan: The Central Bank is undertaking an examination of tracker mortgage related issues covering among other things transparency of communications with and contractual rights of tracker mortgage customers. The Tracker Mortgage Examination remains a key priority for the Central Bank as it continues to challenge lenders to ensure that progress is being made and fair outcomes are being achieved for...

Written Answers — Department of Finance: Central Bank of Ireland Staff (24 Nov 2016)

Michael Noonan: Please find in the following table the total staff numbers in the Central Bank for each year from 2008, to 31st October 2016. These are calculated on the basis of total full time equivalents. Year FTEs 2008 1,022 2009 1,044 2010 1,226 2011 1,372 2012 1,394 2013 1,384 2014 1,364 2015 1,516 2016 (31st Oct) 1,597

Written Answers — Department of Finance: European Central Bank (24 Nov 2016)

Michael Noonan: 54 Central Bank staff are currently seconded to the European Central Bank. There are no Department of Finance staff currently seconded to the European Central Bank.

Written Answers — Department of Finance: Financial Institutions Inspections (24 Nov 2016)

Michael Noonan: Since the commencement of the Single Supervisory Mechanism (SSM) in November 2014, a total of 35 onsite inspections have been carried out on Significant Institutions and Subsidiaries of Significant Institutions in Ireland.  Of these 35 inspections, 3 have been led by a Head of Mission from within the SSM but outside Ireland and in the case of these three inspections the...

Written Answers — Department of Finance: Departmental Agencies Staff Data (24 Nov 2016)

Michael Noonan: In response to the Deputy's query please find, in tabular form, details of the number of vacancies on State boards under the aegis of my Department; the number filled since 6th May 2016; the number filled through the Public Appointments Service; the timelines to fill vacancies.  All appointments to State Boards are made in conjunction with the State Board Appointment process. ...

Written Answers — Department of Finance: Capital Allowances (29 Nov 2016)

Michael Noonan: I am advised by Revenue that the number of Waterford businesses that have availed of accelerated capital allowances in any given year between 2012 and 2015 is between 1 and 10. Figures for 2016 are not yet available. According to Revenue records, no businesses in the county availed of the scheme in 2011. The Deputy may be aware that the provisions of Section 851A of the Taxes...

Written Answers — Department of Finance: Help-To-Buy Scheme (29 Nov 2016)

Michael Noonan: As I have already answered in response to the Deputy's identical question of 24 November last, the Help to Buy incentive is a new income tax relief designed to assist first-time buyers with obtaining the deposit required to purchase or build their first home. With a view towards increasing the supply of new housing, the relief will only be available in respect of 'new builds'. To be...

Written Answers — Department of Finance: Tax Credits (29 Nov 2016)

Michael Noonan: The Single Person Child Carer Credit (SPCCC) replaced the One-Parent Family Tax Credit (OPFTC) with effect from 1 January 2014.  It operates differently from the One-Parent Family Credit in that it is available in the first instance only to the Primary Claimant. The Primary Claimant is the individual with whom the child resides for the whole or greater part of the year.  The...

Written Answers — Department of Finance: Departmental Staff Data (29 Nov 2016)

Michael Noonan: I propose to take Questions Nos. 145 to 148, inclusive, together. The number of staff from my Department currently seconded to other Departments or Agencies in the Civil Service per annum from 2010 to date in 2016 is contained in the table. No staff from my Department has appealed against a secondment. Secondments are considered by the Executive Board of my Department and are agreed with the...

Written Answers — Department of Finance: Pensions Legislation (29 Nov 2016)

Michael Noonan: The transfer of the deferred benefits of a member of an occupational pension scheme or a Personal Retirement Savings Account (PRSA) contributor's PRSA fund to an overseas pension arrangement is permitted, subject to the transfer complying with the Occupational Pension Schemes and Personal Retirement Savings Accounts (Overseas Transfer Payments) Regulations, 2003 and Revenue requirements. The...

Written Answers — Department of Finance: Company Law (29 Nov 2016)

Michael Noonan: Section 790 of the Companies Act 2014 provides that no information, book or document relating to a company that has been obtained under any of sections 778 to 780, 783 or 787 of the Companies Act 2014 shall be published or disclosed unless (a) the company in question consents to the publication or disclosure, (b) the publication or disclosure is, in the opinion of the Director of the Office...

Written Answers — Department of Finance: Departmental Funding (29 Nov 2016)

Michael Noonan: There was no provision in the Vote for my Department for funding for projects for the years in question.

Written Answers — Department of Finance: Departmental Funding (29 Nov 2016)

Michael Noonan: There was no provision in the Vote for my Department for funding for projects for the years in question.

Written Answers — Department of Finance: Departmental Funding (29 Nov 2016)

Michael Noonan: There is no provision in the Vote for my Department for funding for projects in 2017.