Results 26,261-26,280 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Revenue Commissioners Investigations (21 Mar 2017)

Michael Noonan: I am advised by Revenue that the fact that a particular entity is a charity does not alter their legal obligation to maintain taxpayer confidentiality in accordance with Section 851A of the Taxes Consolidation Act 1997. The Deputy may wish to note that the Revenue Commissioners publish a list of charities that have charitable tax exempt status, which is available at the following link, , as...

Written Answers — Department of Finance: VAT Exemptions (21 Mar 2017)

Michael Noonan: I have been advised by Revenue that the legislative provision which exempts education and vocational training from VAT was amended by the Finance Act 2015. The amendment ensures that national VAT legislation reflects recent judgements of the Court of Justice of the European Union. The amendment provides that VAT exemption applies to providers of children's or young people's education...

Written Answers — Department of Finance: Tax Credits (21 Mar 2017)

Michael Noonan: The legislation governing entitlement to the Incapacitated Child Tax Credit is contained in Section 465 of the Taxes Consolidation Act 1997, as amended.  The legislation provides that a person is entitled to the tax credit, for a year, if he or she proves that, at any time during that year, he or she had a child under 18 years of age who is permanently incapacitated by reason of mental...

Written Answers — Department of Finance: Pension Levy (21 Mar 2017)

Michael Noonan: I take it the Deputy is referring to the stamp duty levies applying to the assets of funded pension arrangements introduced in 2011 to pay for the Jobs Initiative, the chargeable persons for which are the trustees of pension schemes and others responsible for the management of pension fund assets. The original 0.6% stamp duty levy on pension fund assets ended in 2014. The additional...

Written Answers — Department of Finance: Help-To-Buy Scheme Eligibility (21 Mar 2017)

Michael Noonan: The legislative provisions for the Help to Buy incentive are set out in section 477C Taxes Consolidation Act 1997 (TCA), as inserted by section 9 of the Finance Act 2016. The incentive applies for the period from 19 July 2016 to 31 December 2019. The details supplied by the Deputy concern a couple who are self-building their home and who drew down the first tranche of...

Written Answers — Department of Finance: Help-To-Buy Scheme (21 Mar 2017)

Michael Noonan: As the Deputy may be aware, there are three elements to the payment provisions under the Help to Buy incentive. - Firstly, in respect of a first home purchased or self-built in the period from 19 July to 31 December 2016, the refund is paid directly to the purchaser or self-builder, that is 'to the claimant's bank account'.  - Secondly, for a first home purchased from a...

Written Answers — Department of Finance: VAT Exemptions (21 Mar 2017)

Michael Noonan: Schedule 1 of the Value-Added Tax Consolidation Act 2010 lists the activities that are exempt from VAT which includes the provision of services by a funeral undertaker but does not extend to the supply of graves. The supply of a grave in a graveyard that is more than 5 years old is also exempt from VAT, but the supply of a grave in a newly developed graveyard is liable to the reduced rate of...

Written Answers — Department of Finance: Revenue Commissioners (21 Mar 2017)

Michael Noonan: I am advised by Revenue, as the lead tenant in the Government Offices in Hebron Road, Kilkenny, that car parking arrangements are subject to regular review.  All available space on the grounds of the offices that is suitable for car parking use has been developed for this purpose. There are no current plans to expand the number of car parking spaces.

Written Answers — Department of Finance: Home Renovation Incentive Scheme Administration (21 Mar 2017)

Michael Noonan: The Home Renovation Incentive, introduced on 25th October 2013, provides income tax relief in respect of certain repairs, renovations and improvements carried out on a person's main residence by a tax compliant contractor qualifying under the Incentive. The scheme was subsequently extended to include repairs, renovations and improvements carried out on rental properties in Finance Act 2014,...

Written Answers — Department of Finance: Credit Unions (21 Mar 2017)

Michael Noonan: I wish to make it very clear that this Government's policy is not constraining the future potential of the credit union movement. In fact I would argue the opposite. As I have stated many times, credit unions have a key role to play in providing access to credit and other important services in local communities throughout the country. The Government recognises this and has put in place a...

Written Answers — Department of Finance: Credit Unions (21 Mar 2017)

Michael Noonan: In accordance with Section 6 of the Credit Union Act 1997 (1997 Act), the Central Bank of Ireland is the sole authority with the power and responsibility for registering credit unions in Ireland. The last registration of a credit union took place in 1999. The Central Bank informs me that it has not received an application to register a credit union since the Central Bank assumed...

Written Answers — Department of Finance: Credit Unions (21 Mar 2017)

Michael Noonan: The Central Bank of Ireland (Central Bank) is the sole authority with the power and responsibility for registeringcredit unions in Ireland in accordance with the provisions of the Credit Union Act 1997 (1997 Act). Under the 1997 Act, credit unions are registered rather than licensed.The Central Bank has an application process, along with supporting documentation, for any potential applicant...

Written Answers — Department of Finance: Appointments to State Boards (21 Mar 2017)

Michael Noonan: In 2016 the Public Appointments Service (PAS) undertook a campaign to identify suitably qualified candidates to fill the two vacancies on the Central Bank Commission. The campaign attracted thirty applications, six of which were shortlisted by a PAS led assessment panel for further consideration by the Minister. While these six candidates exhibited proven track records in their respective...

Written Answers — Department of Finance: Departmental Staff Data (21 Mar 2017)

Michael Noonan: I am advised by the Revenue Commissioners that the position is as follows: Grade Job Date of commencement of suspension Date of commencement of investigation Date investigation completed * Cost of investigation Salary costs for each month of suspension Replacement salary costs for each suspension Higher Executive Officer Compliance 21 April 2015 6 May 2015 10 March 2016 No external costs...

Written Answers — Department of Finance: Home Renovation Incentive Scheme (21 Mar 2017)

Michael Noonan: In my Budget 2017 speech I announced the extension of the Home Renovation Incentive until 31 December 2018. This was subsequently legislated for as part of the Finance Act 2016.

Written Answers — Department of Finance: Departmental Legal Costs (21 Mar 2017)

Michael Noonan: The information requested by the Deputy is contained in the table. Much of this information has already been published on my Department's website. Legal Advice Firm involved Barristers that provided the service Amount 2017 (to date) District Court Deposition Hayes Solicitors Legal firm engaged only €1,448.94 Restructuring of the Irish banking system, related litigation and...

Written Answers — Department of Finance: Special Educational Needs Staff Remuneration (22 Mar 2017)

Michael Noonan: The legislation governing the deductibility of expenses incurred in employment is contained in section 114 of the Taxes Consolidation Act 1997. The provision dictates that for an expense to qualify as a deduction against income from an office or employment, the expense must be wholly, exclusively and necessarily incurred in the performance of the duties of the office or employment. For...

Written Answers — Department of Finance: Betting Regulations (22 Mar 2017)

Michael Noonan: I am advised by Revenue that the additional revenue that would be generated from increasing betting duty from 1% to 2% is estimated at €50m.

Written Answers — Department of Finance: Tax Code (22 Mar 2017)

Michael Noonan: I assume that the Deputy's question relates to payments made by the Department of Social Protection, which are not generally subject to income tax. These are set out as follows: - Child Benefit - The Back to Work Family Dividend - Jobseekers Benefit payable to a person in systematic short-time employment - the first €13 per week of the aggregate of the amounts of Jobseekers Benefit...

Written Answers — Department of Finance: Financial Services Ombudsman (22 Mar 2017)

Michael Noonan: I have been informed by the Financial Services Ombudsman (FSO) that when a complaint is made by a Consumer every effort is made by the FSO to facilitate the parties in achieving a mediated settlement with the help of his dedicated Dispute Resolution team. If no agreement is reached, the matter proceeds to a more formal investigation and adjudication, and the parties are issued...