Results 5,901-5,920 of 27,019 for speaker:Michael Noonan

Written Answers — Mortgage Arrears: Mortgage Arrears (23 May 2012)

Michael Noonan: Mortgage lending must fully comply with the regulatory requirements set by the Central Bank, both in relation to the financial institution itself and also the safeguarding of the borrower's interests. When providing a product or service to a customer, a financial institution must comply with the 'Knowing the Customer' and 'Suitability Provisions ' of the Central Bank's revised Consumer...

Written Answers — Tax Reliefs: Tax Reliefs (23 May 2012)

Michael Noonan: I am informed by the Revenue Commissioners that the table below represents the number of repayments made to PAYE taxpayers for 2009 – 2012. These repayments represent those cases for which a review of taxpayers' details resulted in a PAYE refund following claims from the taxpayer for credits or reliefs to which they are entitled. I am further informed that the total amount refunded is...

Written Answers — Director of Corporate Enforcement: Director of Corporate Enforcement (23 May 2012)

Michael Noonan: The Office of the Director of Corporate Enforcement is under the aegis of the Minister for Jobs, Enterprise and Innovation and as Minister for Finance I have no role in ensuring compliance by regulated financial service providers with the requirement of that Office The Central Bank's primary regulatory role concerns regulated financial service providers. The Central Bank has informed me...

Nomination of Comptroller and Auditor General: Motion (24 May 2012)

Michael Noonan: Targaím: Go n-ainmníonn Dáil Éireann Séamus Mac Cárthaigh lena cheapadh ag an Uachtarán mar Ard-Reachtaire Cuntas agus Ciste. I move: That Dáil Éireann nominates Séamus McCarthy for appointment by the President to be the Comptroller and Auditor General. As Deputies know, the Comptroller and Auditor General, Mr. John Buckley, retired in February. While this motion is about his...

Nomination of Comptroller and Auditor General: Motion (24 May 2012)

Michael Noonan: Mr. McCarthy takes over the post of Comptroller and Auditor General at a time of substantial change and reform within the public service. Public service reform requires a commitment from the whole of Government to become more transparent, accountable and efficient. One of the key deliverables in this regard is the radical streamlining of State bodies. The Government's public service reform...

Nomination of Comptroller and Auditor General: Motion (Resumed) (24 May 2012)

Michael Noonan: I thank all the Members who contributed to the debate. Each of them paid tribute to the outgoing Comptroller and Auditor General and spoke highly of him. I would like to associate myself with them by paying tribute to Mr. John Buckley. The Office of the Comptroller and Auditor General has an outstanding reputation for the quality and rigour of its work. As Deputies are aware, the...

Written Answers — Disabled Drivers: Disabled Drivers (24 May 2012)

Michael Noonan: The initial application for a Primary Medical Certificate under the Disabled Drivers and Disabled Passengers (Tax Concessions) Regulations 1994, is made to the Senior Medical Officer of the relevant local Health Service Executive administrative area. If the Primary Medical Certificate is refused, the person may appeal the refusal to the Disabled Drivers Medical Board of Appeal, National...

Written Answers — Tax Yield: Tax Yield (24 May 2012)

Michael Noonan: The yield from carbon tax for 2011 was €329.2 million (VAT inclusive). The estimated yield for 2012 is €410 million (VAT inclusive). The VAT figures are estimates based on the expected carbon tax receipts in each category. The VAT receipts are estimated as VAT returns do not require the yield from a particular sector or sub-sector of trade to be identified and the actual VAT yield for...

Written Answers — Sale of State Assets: Sale of State Assets (24 May 2012)

Michael Noonan: I am advised by the NewERA Unit in the National Treasury Management Agency (NTMA), which advises the Government on the programme of State asset disposals, that no advisor has been appointed to advise on a potential sale of Coillte assets. As announced by the Minister for Public Expenditure and Reform on 22 February 2012, the Government has decided to pursue the sale of a number of State...

Written Answers — Redundancy Provisions: Redundancy Provisions (24 May 2012)

Michael Noonan: It is deeply regrettable, for all concerned, that the proposed action of shedding of jobs, even on a voluntary basis in these challenging economic times, at Allied Irish Banks and Bank of Ireland as announced, has had to be taken. This is an inevitable consequence of the necessary restructuring of the banking system to render it fit to better serve personal and business customers throughout...

Written Answers — Tax Code: Tax Code (24 May 2012)

Michael Noonan: I have been advised by the Revenue Commissioners that the issue of a P45 is primarily a matter between the employer and the employee. However the Revenue Commissioners have written to the employer concerned and await a reply. In the interim the District Manager will write shortly to the person concerned seeking the information necessary to determine if any tax refund is due for the year 2011.

European Communities (Amendment) Bill 2012: Referral to Select Committee (6 Jun 2012)

Michael Noonan: I move: That the Bill be referred to the Select Committee on European Affairs pursuant to Standing Order 82A(3)(a).

Written Answers — Tax Code: Tax Code (6 Jun 2012)

Michael Noonan: The Finance (No. 2) Act 2011 provided for a second reduced VAT rate, of 9%, on a temporary basis in respect of certain tourism-related services and goods for the period 1 July 2011 to 31 December 2013. This measure is aimed at contributing towards boosting tourism and the creation of additional jobs in that sector. Initial analysis of the effectiveness of 9% VAT rate indicates that...

Written Answers — National Asset Management Agency: National Asset Management Agency (6 Jun 2012)

Michael Noonan: There are NAMA debtors who own properties which are leased to state agencies and who derive income from them. The properties are leased to the State by these debtors on an arms-length basis. NAMA's primary concern is whether a property is generating cash flow that allows interest and principal on the debt to be repaid by a debtor. NAMA advises me that it does not own any properties that are...

Written Answers — Drugs Seizures: Drugs Seizures (6 Jun 2012)

Michael Noonan: I propose to take Questions Nos. 51 to 53, inclusive, together. I am advised by the Revenue Commissioners that the following tables set out the details requested by the Deputy of seizures by Revenue's customs service of prescription drugs and illegal non-prescription drugs: Prescription drugs seized Year Number of Tablets Estimated value € 2012 360,527 686,383 The principal types of...

Written Answers — Illegal Importation of Drugs: Illegal Importation of Drugs (6 Jun 2012)

Michael Noonan: The Deputy may be aware this is a matter for my colleague the Minister for Health. However, I understand the Department of Health is reviewing the Misuse of Drugs Regulations with a view to introducing additional controls on certain prescription drugs being traded illicitly, for example benzodiazepine medicines. These additional controls include introducing import and export controls as...

Written Answers — Tax Code: Tax Code (6 Jun 2012)

Michael Noonan: Increasing the carbon tax by €5 to €20 in Budget 2012 meant a relatively small increase spread across all mineral oils and natural gas rather than larger increases in the excise rates on specific fuels, such as petrol or diesel. The amount of €20 charged per tonne of carbon dioxide emitted through the combustion of mineral oils is set down in the Finance Act 2012, and this carbon charge...

Written Answers — Tax Code: Tax Code (6 Jun 2012)

Michael Noonan: Unfortunately, it was not possible to collate the information required for this answer in the time allowed. I will provide the Deputy with the answer in writing shortly.

Written Answers — Tax Code: Tax Code (6 Jun 2012)

Michael Noonan: I am advised by the Revenue Commissioners that an application for relief under the Disabled Drivers/Passengers scheme was received from the person (details supplied) on 27th April 2012. In order to process this application, the Central Repayments Office, Monaghan requested an original Primary Medical Certificate. This was received on the 18th May 2012. An Exemption Notification, dated 24th...

Written Answers — Tax Code: Tax Code (6 Jun 2012)

Michael Noonan: My colleagues are actively examining the correspondence received and will revert directly to the individual in due course.