Results 7,781-7,800 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Banking Sector: Banking Sector (2 Dec 2008)

Brian Lenihan Jnr: Officials from my Department, the Department of Enterprise Trade and Employment, the Central Bank and the Financial Regulator are in continuous contact with the banks regarding the flow of lending to small business. At this stage, the Irish results of the Euro Area Bank Lending Survey for October show tightening credit standards for SMEs, somewhat higher costs, especially for riskier loans,...

Written Answers — Banking Sector: Banking Sector (2 Dec 2008)

Brian Lenihan Jnr: Nobody wants a situation where viable businesses fail because banks will not lend them money. However we need to be sure that difficulties in accessing credit by business reflect an overly restrictive approach by banks rather then the impact of the economic recession on creditworthiness. At this stage, the Irish results of the Euro Area Bank Lending Survey for October show tightening...

Written Answers — Banking Sector: Banking Sector (2 Dec 2008)

Brian Lenihan Jnr: The objective of the Credit Institutions (Financial Support) Scheme is to maintain financial stability in the best interests of the public and the economy of the State. To that end, the Scheme provides for the regulation of the commercial conduct of covered institutions and, in particular, requires each covered institution to appropriately manage its balance sheet in a manner consistent with...

Written Answers — Banking Sector: Banking Sector (2 Dec 2008)

Brian Lenihan Jnr: The Scheme states that in order to promote the public interest, a covered institution will, at the direction of the Minister for Finance, take all reasonable steps to appoint at least one but no more than two non-executive directors to its board from a panel approved by the Minister during the period of the guarantee. I expect to announce the panel Directors for the covered institutions this...

Written Answers — Banking Sector: Banking Sector (2 Dec 2008)

Brian Lenihan Jnr: The Deputy will appreciate that this review is detailed commercially sensitive and accordingly my Department will not be publishing the results of the PWC work.

Written Answers — Lottery Funding: Lottery Funding (2 Dec 2008)

Brian Lenihan Jnr: Cliff and mountain rescue services are not included in the list of categories which may be funded from the proceeds of the National Lottery. However, I understand that the organisation can apply to the National Coordination Committee for Mountain and Cave Rescue for capital grant aid funding.

Written Answers — Departmental Bodies: Departmental Bodies (2 Dec 2008)

Brian Lenihan Jnr: The Financial Services Consultative Consumer Panel was formally established by the Financial Regulator under the Central Bank Act, 1942 (as amended by the Central Bank and Financial Services Authority of Ireland Act, 2004), with effect from 1 November 2004. I have been advised by the Financial Regulator that the Consumer Panel schedules eleven monthly meetings in a calendar year. The last...

Written Answers — Public Service Remuneration: Public Service Remuneration (2 Dec 2008)

Brian Lenihan Jnr: The Government decided in July 2008 to secure payroll savings of 3% for Government Departments and public bodies, with the exception of primary and secondary level teachers and Special Needs Assistants in the education sector and staff involved in the direct delivery of essential health services. This decision is reflected in the Estimates for 2009 through savings of €260 million that...

Leaders' Questions (3 Dec 2008)

Brian Lenihan Jnr: Deputy Kenny has no perception.

Leaders' Questions (3 Dec 2008)

Brian Lenihan Jnr: No.

Written Answers — Tax Code: Tax Code (3 Dec 2008)

Brian Lenihan Jnr: I have been informed by the Revenue Commissioners that a P21 for 2007 issued to the person in question on 11 November 2008. If this P21 was not received, or if the person in question requires a duplicate P21, they may contact their local tax office either by: writing to the Revenue Commissioners, PAYE Mail Centre, P O Box 63, Ennis, Co Clare, telephoning 1890 22 24 25; or going on line at...

Written Answers — Tax Code: Tax Code (3 Dec 2008)

Brian Lenihan Jnr: The reduction in Stamp Duty on ATM and debit cards which I announced in the Budget is in line with Government policy of encouraging greater use of electronic means of payment. As the Deputy is aware, there are significant security issues relating to the transport of cash and the targeting of certain sectors (such as the elderly) by criminals. This change will assist in minimising such risks...

Planning and Development (Enforcement Proceedings) Bill 2008: First Stage (4 Dec 2008)

Brian Lenihan Jnr: No.

Finance (No. 2) Bill 2008: Allocation of Time Motion (4 Dec 2008)

Brian Lenihan Jnr: I move: That, notwithstanding anything in Standing Orders: (1) The proceedings in the Select Committee on Finance and the Public Service on the Finance (No. 2) Bill 2008 shall be brought to a conclusion in accordance with the following timetable: Date: Proceedings To conclude not later than: Tuesday, 9th December Chapters 1, 2, 3 and 4 (part) of Part 1 (sections 1 to 16) Chapters 4...

Finance (No. 2) Bill 2008: Financial Resolutions (4 Dec 2008)

Brian Lenihan Jnr: I move the following Resolutions: That the Taxes Consolidation Act 1997 (No. 39 of 1997) be amended in the manner and to the extent specified in the Act giving effect to this Resolution to provide for the introduction of income levy. That the Taxes Consolidation Act 1997 No. 39 of 1997) be amended in the manner and to the extent specified in the Act giving effect to this Resolution to provide...

Written Answers — Tax Collection: Tax Collection (4 Dec 2008)

Brian Lenihan Jnr: A delay in collection of the revenues due impacts on the level and timeliness of financial resources available to the Government. The Deputy will also be mindful that such delays facilitate businesses, large and small, which, by withholding tax payments and using those monies to improve cash flow, gain unfair competitive advantage. In this context, I am advised by Revenue that it expects...

Written Answers — Tax Code: Tax Code (4 Dec 2008)

Brian Lenihan Jnr: Assuming that the car parking space is in one of the areas covered by the levy, and assuming an employee is not entitled to exemption for other reasons, then there are two circumstances which trigger payment of the levy. The first of these is that an employee has entitlement to park and the second is that the space must be provided, directly or indirectly, by the employer. Neither of these...

Written Answers — Tax Code: Tax Code (4 Dec 2008)

Brian Lenihan Jnr: I understand the Deputy is seeking the amount of income tax, PRSI and levies to be paid by a married one-earner person with two children on the average industrial wage in 2008 (estimated to be about €33,800). The position is as follows: Married one earner with two children on the average industrial wage in 2008: Income Tax €33,800 @ 20% €6,760 Less credits: Married €3,660...

Written Answers — Fiscal Policy: Fiscal Policy (4 Dec 2008)

Brian Lenihan Jnr: Representations have been made by the coach industry on this matter, and I know that an industry group commissioned a consultancy report in support of its case. The issues raised by the expiry of the fuel excise rebate scheme affect all bus companies (private and public) that provide public transport and school bus services, as well as coach tourism. As the Deputy will be aware from my...

Written Answers — Departmental Expenditure: Departmental Expenditure (4 Dec 2008)

Brian Lenihan Jnr: As regards the cost incurred by my Department to date, all internal work associated with the Scheme is being carried out by the reallocation of existing staff so that any associated costs are being met at present from within the Department's allocated administrative budget. In addition, legal advice has been obtained from both the Attorney General's Office, within their existing allocation,...