Results 281-300 of 19,445 for speaker:Brian Cowen
- Written Answers — Tax Code: Tax Code (26 Jan 2005)
Brian Cowen: The Deputy will be aware that there are a number of incentives in place to assist owner-occupiers in purchasing residential property. There is no stamp duty on the purchase of new residential property for owner-occupiers where the dwelling is not greater than 125 sq. m. and complies with certain conditions in relation to building standards. If the property is over 125 sq. m., stamp duty is...
- Written Answers — Disabled Drivers: Disabled Drivers (26 Jan 2005)
Brian Cowen: I amadvised by the Revenue Commissioners that the organisation in question currently has eight vehicles registered under the disabled drivers and disabled passengers â tax concessions â regulations 1994 on which VAT and VRT have been repaid. Under the regulations, repayment or remission is given only where the Revenue Commissioners are satisfied that the vehicle in question is a...
- Written Answers — Tax Code: Tax Code (26 Jan 2005)
Brian Cowen: The general exemption limits were last increased in 1998-99, apart from a small upward rounding in 2002 because of conversion to the euro. It stands at â¬5,210 for a single person and â¬10,420 for a married couple. There are child additions of â¬575 for the first and second child, and â¬830 for third and subsequent children. The general exemption limits have not been increased in recent...
- Written Answers — Freedom of Information: Freedom of Information (26 Jan 2005)
Brian Cowen: The State, semi-State, State-sponsored and statutory bodies under the aegis of my Department that are not subject to the Freedom of Information Acts are: Central Bank and Financial Services Authority of Ireland; Irish Financial Services Regulatory Authority; Financial Services Ombudsman; National Treasury Management Agency; National Pensions Reserve Fund Commission; National Development...
- Written Answers — Financial Services Regulation: Financial Services Regulation (26 Jan 2005)
Brian Cowen: The Irish Financial Services Regulatory Authority, IFSRA, is statutorily independent in the carrying out of its regulatory functions and I have no involvement in its day to day activities. However, I am advised that in 2004 IFSRA wrote to all lenders and insurers seeking information on the their endowment businesses. The information requested included details of, inter alia, the number of...
- Written Answers — Tax Code: Tax Code (26 Jan 2005)
Brian Cowen: In the budget and Finance Act 1998 the Government introduced a system of capital allowances specifically for nursing homes that are registered with a health board. The purpose of this targeted measure was to encourage investment in increased nursing home capacity and in improved facilities for the elderly and incapacitated for which there continues to be a demand. When the scheme of capital...
- Written Answers — Tax Code: Tax Code (26 Jan 2005)
Brian Cowen: As the Deputy will be aware, the 2005 budget introduced a stamp duty relieving measure for first-time house purchasers who are owner-occupiers of second-hand houses by increasing the stamp duty exemption threshold for such purchasers from â¬190,500 to â¬317,500 and by having reduced rates for house values up to â¬635,000. Where a contract has been entered into prior to 2 December 2004 the...
- Written Answers — Tax Collection: Tax Collection (26 Jan 2005)
Brian Cowen: I have been informed by the Revenue Commissioners that the information furnished on tax returns generally does not require the yield from a particular sector or sub-sector of trade to be identified. In these circumstances, the amount of tax revenues collected under all taxation headings in respect of the greyhound and breeding sector cannot be readily identified from the overall yield from...
- Written Answers — Tax Collection: Tax Collection (26 Jan 2005)
Brian Cowen: I have been informed by the Revenue Commissioners that the information furnished on tax returns generally does not require the yield from a particular sector or sub-sector of trade to be identified. In these circumstances, the amount of tax revenues collected under all taxation headings in respect of the horse-racing and breeding sector cannot be readily identified from the overall yield from...
- Written Answers — Tax Code: Tax Code (26 Jan 2005)
Brian Cowen: I am advised by the Revenue Commissioners that profits arising on letting a house in the circumstances outlined will be aggregated with other income arising in the same year and chargeable to income tax. Exemption from income tax is available where total income for the year does not exceed the appropriate limits. For 2005, for a person aged 65 years and over, these are â¬16,500 and â¬33,000...
- Written Answers — Decentralisation Programme: Decentralisation Programme (26 Jan 2005)
Brian Cowen: I propose to take Questions Nos. 372 to 374, inclusive, together. In reply to a parliamentary question on 4 February 2004, my predecessor stated that approximately 210 staff based in Dublin would decentralise to Dungarvan, County Waterford. The relocation of Ordnance Survey Ireland, OSI, to Dungarvan will not affect its existing regional offices. The outline implementation plan prepared by...
- Written Answers — Tax Code: Tax Code (26 Jan 2005)
Brian Cowen: As the Deputy is aware, the Finance Act 2001 introduced a new uniform scheme of tax relief on donations made by either individuals or corporate bodies to eligible charities and other approved bodies, including first and second level schools and third level institutions, including universities. The minimum qualifying donation for relief purposes to any one eligible charity or approved body is...
- Written Answers — Disabled Drivers: Disabled Drivers (26 Jan 2005)
Brian Cowen: I assume the Deputy is referring to the disabled drivers and disabled passengers (tax concessions) scheme. This scheme is open to those with disabilities who meet the specified criteria and have obtained a primary medical certificate to that effect. The senior area medical officer attached to the relevant local health board is responsible for both the medical assessment and the issue of the...
- Written Answers — Pension Provisions: Pension Provisions (26 Jan 2005)
Brian Cowen: I will be introducing the pension increases referred to at an early date. These arrangements will have retrospective effect to 1 January 2004. The new arrangements relate only to the pension entitlement of workers with a pensionable salary below the threshold of 3.33 times the rate of the contributory old age pension, â¬31,186, and whose occupational pensions are integrated with the social...
- Written Answers — Tax Certificates: Tax Certificates (26 Jan 2005)
Brian Cowen: I amadvised by the Revenue Commissioners that a PAYE balancing statement, P21 form, for the year 2003 issued to the taxpayer on 21 January 2005.
- Written Answers — Tax Code: Tax Code (26 Jan 2005)
Brian Cowen: As the Deputy is aware, the Revenue Commissioners cannot comment publicly on particular cases. Section 343 of the Taxes Consolidation Act 1997 provides for the granting of capital allowances to certain qualifying companies carrying on qualifying trading operations in enterprise areas. Both the Revenue Commissioners and the Minister for Enterprise, Trade and Employment have roles in the...
- Written Answers — Tax Code: Tax Code (26 Jan 2005)
Brian Cowen: I understand the Deputy's question relates to the charitable tax exemption status of the company. I am advised by the Revenue Commissioners that charitable tax exemption was granted to the company on 25 November 2004. There is no provision whereby the charitable tax status can be backdated to 2002.
- Written Answers — Tax Yield: Tax Yield (26 Jan 2005)
Brian Cowen: I am informed by the Revenue Commissioners that the amount of VAT collected in respect of the sale of parts by the motor industry cannot be identified in the overall yield of VAT, as the information furnished on VAT returns from the industry does not require this to be identified. The only relevant information available regarding VAT on motor parts is in respect of the purchase of car...
- Written Answers — Motor Fuels: Motor Fuels (26 Jan 2005)
Brian Cowen: Fuel prices are driven by a number of factors, including the price of oil on international markets, exchange rates, production costs and refining costs. The rise in oil prices over recent periods reflected additional factors such as geopolitical uncertainty, supply disruptions and strong economic growth in "catch-up" countries such as China. Mineral oil taxes are also a factor influencing...
- Written Answers — Tax Code: Tax Code (26 Jan 2005)
Brian Cowen: The stallion stud fees exemption was introduced in the Finance Act 1969 to encourage the development of the Irish bloodstock industry by creating an incentive for investment in Irish stallions and applied to stallions standing at stud in the State and abroad. Income arising to the owner or part-owner of a stallion from the sale of services or the right to services is exempt from tax. Losses...