Results 8,661-8,680 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Customs and Excise Controls (29 Jan 2013)

Michael Noonan: I propose to take Questions Nos. 204 to 215, inclusive, and 253 together. I am advised by the Revenue Commissioners that the table below contains the information requested by the Deputy in respect of seizures by their enforcement officers of firearms, bullets, offensive weapons, psychoactive substances, narcotic drugs and cigarettes, for the years 2005 to 2012.   -   Firearms...

Written Answers — Department of Finance: Property Taxation (29 Jan 2013)

Michael Noonan: I propose to take Questions Nos. 216 and 217 together. In accordance with Section 11 of the Finance (Local Property Tax) Act 2012, local authorities will be liable to pay the Local Property Tax (LPT) in the same way as any other residential property owner, unless the properties are used to accommodate people with special housing needs. Special housing needs refers to the provision of...

Written Answers — Department of Finance: Motor Fuels (29 Jan 2013)

Michael Noonan: I am advised that excise duty is applied to auto-diesel when it is released from a tax warehouse, the Revenue Commissioners; therefore, do not have data on the end use of auto-diesel. However, an ESRI study estimated that the haulage industry accounted for some 735 million litres of auto-diesel with passenger vehicles accounting for approximately 35 million litres.

Written Answers — Department of Finance: National Treasury Management Agency (29 Jan 2013)

Michael Noonan: The Civil Service Code of Standards and Behaviour contains provisions regarding acceptance of outside appointments and of consultancy engagement following resignation or retirement. This code does not apply to directors or employees in State bodies in the wider public service. I am informed by the National Treasury Management Agency (NTMA) that the number of employees who have resigned from...

Written Answers — Department of Finance: Bank Debt Restructuring (29 Jan 2013)

Michael Noonan: I propose to take Questions Nos. 220 to 224, inclusive, together. As announced by my Department on January 9th, the State was successful in disposing of its entire €1 billion holding of Contingent Capital Notes (CCNs) in Bank of Ireland (BOI). The transaction was a very positive outcome for the State on a number of levels. It will enable us to reduce our indebtedness, it has had a...

Written Answers — Department of Finance: Banking Sector Staff (29 Jan 2013)

Michael Noonan: I propose to take Questions Nos. 225 and 226 together. On the issue of the involvement of the former head of the Shareholder Management Unit, the officer went on holidays to Australia on 12 December, 2012 and did not return to the Department until January 14th, 2013 at which time he tendered his resignation and in accordance with normal practice will not take up duty in the banks for...

Written Answers — Department of Finance: Bank Debt Restructuring (29 Jan 2013)

Michael Noonan: I propose to take Questions Nos. 227 to 234, inclusive, together. The sale of loan portfolios is a commercial matter for the management and the Board of the Institutions. I have a limited role in this function. The sales prices for various portfolios and individual loans are a matter of confidentiality between the parties. It is normal course of practice that sales processes are...

Written Answers — Department of Finance: Banks Recapitalisation (29 Jan 2013)

Michael Noonan: I have been advised that it is not possible to compile the type of information requested by the Deputy. The overriding mandate of IBRC is to maximise the recovery of loans on behalf of the State and to wind down over time. It is Bank policy that the execution of any asset or loan disposals is conducted on a competitive open market basis and in accordance with prevailing market norms for the...

Written Answers — Department of Finance: Tax Credits (29 Jan 2013)

Michael Noonan: I am informed by the Revenue Commissioners that in accordance with normal practice all employers were issued with 2013 tax credit certificates for their employees in mid-December 2012. This consisted of almost 2.3 million certificates. These certificates are issued as a priority to employers to ensure that they have the correct tax credit details upon which to base tax deductions from the...

Written Answers — Department of Finance: Tax Reliefs (29 Jan 2013)

Michael Noonan: I propose to take Questions Nos. 237, 248, 249 and 258 together. The proposal to introduce an auto-diesel excise duty relief for licensed road hauliers that I announced in the Budget is confined to licensed and tax compliant hauliers. However, I have received a number of submissions from, and on behalf of, private coach operators seeking to have this relief extended to them. I will...

Written Answers — Department of Finance: Mortgage Interest Relief (29 Jan 2013)

Michael Noonan: I have been supplied with the following information by the State controlled banks. AIB’s Central and Retail staff worked closely with its customers and their solicitors in ensuring loan conditions were satisfied to enable funds to be released by year end. Significant resources were provided in this regard and staff were deployed at evenings and weekends throughout the month and up to...

Written Answers — Department of Finance: Tax Credits (29 Jan 2013)

Michael Noonan: The position is that, in this instance, the relevant legislation is Section 465 of the Taxes Consolidation Act, 1997. The section provides that the credit is available for a child under the age of 18 years, where there is a reasonable expectation that the child would be incapacitated from maintaining himself or herself when over 18 years of age. It is practice to request confirmation from a...

Written Answers — Department of Finance: EU-IMF Programme of Support (29 Jan 2013)

Michael Noonan: As the Deputy will be aware Ireland is in the final year of the EU-IMF Programme of Financial Support. The Programme is subject to a quarterly review mission with the three external partners, the EU, the ECB and the IMF (the Troika). It is at these review missions that discussions take place with regard to programme commitments which translate into the Programme documents which are updated...

Written Answers — Department of Finance: Property Taxation (29 Jan 2013)

Michael Noonan: I propose to take Questions Nos. 241 and 283 together. I am advised by the Revenue Commissioners that during March 2013 property owners will receive their LPT return from Revenue together with an LPT booklet, which will provide details of the full range of payment options available to pay LPT. The LPT return must be submitted and payment details provided to Revenue by 7 May, if using the...

Written Answers — Department of Finance: Banking Sector Remuneration (29 Jan 2013)

Michael Noonan: As the Deputy will be aware officials in my Department and Mercer have been working on a remuneration review of the Covered Banks and do not currently have the information you have requested. My officials and the banks have provided a very significant level of detail on remuneration and pensions in the Covered Banks and other institutions in tight timeframes.The further more detailed...

Written Answers — Department of Finance: Liquor Licences (29 Jan 2013)

Michael Noonan: I am informed by the Revenue Commissioners that the numbers of lapsed licences for each of the years 2002 to 2007 inclusive, is set out below under various categories. I am further advised by the Revenue Commissioners that traders are not obligated to inform Revenue as to why they have decided to let a licence that they hold lapse. Accordingly, the Revenue Commissioners are not in a position...

Written Answers — Department of Finance: EU-IMF Programme of Support (29 Jan 2013)

Michael Noonan: The data requested by the Deputy is set out in the table below which has been supplied by the National Treasury Management Agency (NTMA) and is also available on the NTMA’s website. The table shows the amounts maturing under the EU/IMF programme in each year from 2015. The figures reflect the position as at end-December 2012, at which point just under €56 billion of the...

Written Answers — Department of Finance: EU-IMF Programme of Support (29 Jan 2013)

Michael Noonan: In 2010 the IMF approved a programme under the Extended Fund Facility (EFF) to Ireland amounting to SDR 19.5 billion, which equates to €22.5 billion, as part of the overall EU/IMF programme of financial support. The IMF Executive Board has made a decision on the appropriate amortization schedule for EFF programmes with any member country of the IMF. This decision provides that...

Written Answers — Department of Finance: Government Bonds (29 Jan 2013)

Michael Noonan: The European Central Bank (ECB) has legal personality under public international law, and is fully independent in the carrying out of its functions. This independence is enshrined in the EU Treaties. The ECB has stated that Outright Monetary Transactions (OMT) will be considered for future cases of EFSF/ESM macroeconomic adjustment programmes or precautionary programmes. They may also be...

Written Answers — Department of Finance: EU-IMF Programme of Support (29 Jan 2013)

Michael Noonan: Ireland is entering the final year of our EU/IMF programme of financial assistance and we are preparing to exit that programme. At the end of the eighth, EU/IMF review mission, in October, I indicated that we would be discussing the measures necessary for a successful exit with the Troika. This discussion will be initiated during the ninth review mission, which started today. All options will...