Results 8,261-8,280 of 19,445 for speaker:Brian Cowen

Written Answers — Tax Code: Tax Code (11 Mar 2008)

Brian Cowen: I have been advised by the Revenue Commissioners that the taxpayer is under 65 years of age and, therefore, DIRT is payable on his investment income. A repayment of DIRT paid by an individual who is under 65 years of age will only arise where: a. He is permanently incapacitated by physical or mental infirmity, and b. The total tax payable on his income (including income subject to DIRT) is...

Written Answers — Tax Code: Tax Code (11 Mar 2008)

Brian Cowen: I propose to take Questions Nos. 168 and 171 together. The position is that in matters relating to the VAT rating of goods and services, I am constrained by the requirements of EU VAT law with which Irish VAT law must comply. In this regard, I would point out that the rate of VAT that applies to a particular good or service depends on the nature of the good or service and not on the status...

Written Answers — Tax Code: Tax Code (11 Mar 2008)

Brian Cowen: The position is that the VAT rating of goods and services is subject to the requirements of EU VAT law with which Irish VAT law must comply. In relation to the issue of applying an exemption of reducing VAT rates for a certain category of consumer, in this case local authorities, the position is that the rate of VAT which applies to a particular good or service is determined by the nature of...

Written Answers — Tax Code: Tax Code (11 Mar 2008)

Brian Cowen: The numbers of Travel Passes, as quoted in Parliamentary Question No 73 of 28 February 2008, broken down into annual and monthly passes are as follows: Monthly Ticket Annual Ticket Total number of Tickets 1999 779 115 894 2007 16,447 24,941 41,388

Written Answers — Disabled Drivers: Disabled Drivers (11 Mar 2008)

Brian Cowen: 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 has been refused in this case, the named person may appeal the refusal to the Medical Board of Appeal,...

Written Answers — Departmental Staff: Departmental Staff (11 Mar 2008)

Brian Cowen: I am advised by Revenue that they expect to implement the "Review Agreement 2007" which was agreed between the Revenue Commissioners and the IMPACT Tax Officials Branch by the end of the second quarter of 2008.

Written Answers — Tax Code: Tax Code (11 Mar 2008)

Brian Cowen: There are two tax provisions of relevance in this area, namely, section 482 of the Taxes Consolidation Act, 1997 and section 77 of the Capital Acquisitions Tax Consolidation Act, 2003. Section 482 of the Taxes Consolidation Act, 1997 provides relief for expenditure incurred on the repair, maintenance and restoration of a building or garden which is determined by the Minster for the...

Written Answers — Tax Code: Tax Code (11 Mar 2008)

Brian Cowen: The position is that in matters relating to the VAT rating of goods and services, I am constrained by the requirements of EU VAT law with which Irish VAT law must comply. In this regard, I would point out that the rate of VAT that applies to a particular good or service depends on the nature of the good or service and not on the status of the consumer. In this case, there is no provision in...

Written Answers — Tax Code: Tax Code (11 Mar 2008)

Brian Cowen: I propose to take Questions Nos. 180 and 181 together. In Finance Bill 2008, I introduced a new tax initiative to encourage the use of energy efficient equipment by companies. This accelerated capital allowance incentive will allow companies to claim the full cost of specified energy efficient equipment against their taxable income in the year of purchase. Expenditure must be above a...

Written Answers — Tax Yield: Tax Yield (11 Mar 2008)

Brian Cowen: I am informed by the Revenue Commissioners that the information available for home heating oil refers to the consumption of Kerosene and Marked Gas Oil. As Marked Gas Oil is also used for Industrial and Commercial Heating, agricultural use and transport, it is not possible to accurately state what portion of the total usage of Marked Gas Oil is used solely for home heating purposes. The tax...

Written Answers — Motor Fuels: Motor Fuels (11 Mar 2008)

Brian Cowen: The price of oil in Ireland is affected by movements in the euro-dollar exchange rate and by changes in the dollar price. In recent days, the wholesale price of oil in dollar terms has reached record levels. Therefore, an appreciation of the euro-dollar exchange rate does not necessarily mean that the price of oil, and hence the price of various refined products sold to the public, will...

Written Answers — Tax Code: Tax Code (12 Mar 2008)

Brian Cowen: I am advised by the Revenue Commissioners that stamp duty of €30 (reduced from €40 in Budget 2008) is chargeable in respect of credit card accounts maintained by a financial institution at any time during the twelve month period ending on 1 April. The financial institution is entitled to pass the charge on to the account holder (section 124 of the Stamp Duties Consolidation Act, 1999)....

Written Answers — Tax Code: Tax Code (12 Mar 2008)

Brian Cowen: The position is that in matters relating to the VAT rating of goods and services, I am constrained by the requirements of EU VAT law with which Irish VAT law must comply. In this regard, I would point out that the rate of VAT that applies to a particular good or service depends on the nature of the good or service and not on the status of the consumer. In this case, there is no provision in...

Written Answers — Tax Yield: Tax Yield (12 Mar 2008)

Brian Cowen: I am informed by the Revenue Commissioners that, as the information furnished on tax returns does not generally require the yield from a particular sector or sub-sector of economic activity to be identified, the precise figures of net yield of tax revenues from the construction industry cannot be readily identified. Information in relation to VAT, Income Tax and Corporation Tax can, however,...

Written Answers — Tax Code: Tax Code (12 Mar 2008)

Brian Cowen: I am informed by the Revenue Commissioners that maternity benefit is not subject to income tax, so that the question of a tax rebate in respect of such income should not normally arise. I am further advised that payroll arrangements in operation while an employee is on maternity leave and in receipt of maternity benefit may vary depending on particular circumstances and different contracts...

Written Answers — National Lottery: National Lottery (13 Mar 2008)

Brian Cowen: The anticipated receipts from the proceeds of the National Lottery in 2008 are expected to be broadly in line with receipts in recent years. The annual surplus generated by the National Lottery in the past five years was as follows: 2003 — €186.702 million 2004 — €191.125 million 2005 — €203.205 million 2006 — €217.526 million 2007 — €245.480 million

Written Answers — Decentralisation Programme: Decentralisation Programme (13 Mar 2008)

Brian Cowen: I am advised by the Revenue Commissioners that the Commissioners of Public Works (OPW) have identified a number of potentially suitable options for permanent accommodation for the Revenue Commissioners in Athy. The viability of some of these options is, however, dependant on provision of infrastructure or re-zoning, and in this regard the OPW is awaiting developments. In the meantime,...

Written Answers — Computerisation Programme: Computerisation Programme (13 Mar 2008)

Brian Cowen: I assume that the Deputy is referring to the electronic systems that are being introduced throughout the EU from 1 July 2009, under which pre-arrival and pre-departure information will, in certain circumstances, have to be sent electronically to Customs. I am advised by the Revenue Commissioners that these new systems, which are known as the Import Control System (in respect of pre-arrival...

Written Answers — Pension Provisions: Pension Provisions (13 Mar 2008)

Brian Cowen: The 2006 Budget and Finance Act introduced an imputed or notional distribution of 3% of the value of the assets of an Approved Retirement Fund (ARF) on 31 December each year, where the notional amount will be taxed at the ARF owner's marginal income tax rate. Funds actually drawn down by ARF owners will be credited against the imputed distribution in that year to arrive at a net imputed...

Written Answers — Tax Code: Tax Code (13 Mar 2008)

Brian Cowen: I am advised by the Revenue Commissioners that the nursing home in question is not currently on the list of approved institutions for the purposes of Section 469 of the Taxes Consolidation Act 1997 as no request has been received to have the institution added to the list. The list in question is maintained by the Revenue Commissioners and can be accessed at http://www.revenue.ie/...