Results 9,461-9,480 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (31 Mar 2009)

Brian Lenihan Jnr: Paragraph 47 of the Credit Institutions (Financial Support) Scheme 2008 provides that bonuses for directors or senior executives must be measurably linked to reductions in guarantee charges, reduction in excessive risk-taking and encouraging the long-term sustainability of the covered institutions. The Deputy will appreciate that in answering his question about bonuses to staff, the terms of...

Written Answers — Fiscal Policy: Fiscal Policy (31 Mar 2009)

Brian Lenihan Jnr: The National Treasury Management Agency advise me that interest due on bonds outstanding at present is as follows: Year 2009 2010 2011 2012 Interest due (€m) 1,827.600 1,266.703 1,234.553 1,074.483 Of course, any additional borrowing undertaken will increase the amount of future interest payments.

Written Answers — Fiscal Policy: Fiscal Policy (31 Mar 2009)

Brian Lenihan Jnr: The National Treasury Management Agency advise me that interest on the bonds issued in January and February 2009 will amount to €396 million in 2012. Another bond will not be required before April 2009. The NTMA auctioned €1 billion from existing series of medium- and long-term bonds last week. This was the first of a series of auctions planned for 2009 and it was oversubscribed,...

Written Answers — Tax Code: Tax Code (31 Mar 2009)

Brian Lenihan Jnr: The Deputy will be aware the issue of a carbon tax is being considered by the Commission on Taxation. The Commission is due to report by September 2009 at the latest. Given that the precise design of the carbon tax is yet to be determined as well as other factors including how exports and companies covered by the EU Emissions Trading System are to be treated, I do not propose to comment on...

Written Answers — Pension Levy: Pension Levy (31 Mar 2009)

Brian Lenihan Jnr: The public service pension-related deduction is being collected on a "week-1" basis. This is the same way in which PRSI has been collected for many years. It is also used for collection of the Income Levy. I am satisfied that, for most affected public servants, the payroll impact is, or will shortly be, averaged across individual payments. In other words the same amount broadly would be...

Written Answers — Tax Code: Tax Code (31 Mar 2009)

Brian Lenihan Jnr: Relief for health expenses is allowed as a deduction at the standard rate of tax by way of review of liability at the end of the year. The relief is available as a refund of the amount of income tax paid by the taxpayer only. Where an individual's income tax liability has been reduced to zero or no income tax has been paid by a person for a tax year, he or she will have not be in a position...

Written Answers — Tax Code: Tax Code (31 Mar 2009)

Brian Lenihan Jnr: Tax relief on health insurance contributions to authorised insurers is available under the tax relief at source system irrespective of whether the insured individual has a liability to income tax or not. Under the tax relief at source, the insured individual pays the subscription to the authorised insurer net of the standard rate of tax. The authorised insurer then gets payment of this...

Written Answers — Tax Code: Tax Code (31 Mar 2009)

Brian Lenihan Jnr: The Deputy will be aware that I have stated on numerous occasions that I would like to broaden the tax base applying to betting activity. Bets placed either online or over the phone are generally with out-of-State companies so applying betting duty is problematic. My officials, in conjunction with the Office of the Attorney General and the Office of the Revenue Commissioners, are looking at...

Written Answers — Tax Code: Tax Code (31 Mar 2009)

Brian Lenihan Jnr: The position is that Deserted Wife's Benefit payment is within the charge to income tax. The extent to which taxation actually arises in a given case depends on the amount of an individual's total income for tax purposes (including the deserted wife's benefit) in a tax year and the amount of tax credits to which that individual is entitled. I am informed by the Revenue Commissioners that if...

Written Answers — Departmental Staff: Departmental Staff (31 Mar 2009)

Brian Lenihan Jnr: Transfers across the Civil Service are arranged by various mechanisms: 'Head-for Head' transfers which are organised between individual officers on the basis of personal contacts; the Central Applications Facility (CAF) for officers who wish to move to locations designated under the Decentralisation Programme and the 'Dublin Arrangements' which facilitate the backfilling of posts in Dublin...

Written Answers — Pension Levy: Pension Levy (31 Mar 2009)

Brian Lenihan Jnr: I wish to convey to the Deputy my regret that his enquiry was not replied to sooner. Over the past month the responsible officials in my Department have prioritised the goal of ensuring a fast and effective launch of the new pension-related deduction. In this context these officials have concentrated on giving clear guidance to public service employers on the interpretation of the relevant...

Written Answers — Tax Collection: Tax Collection (31 Mar 2009)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that a PPS number is required for the taxpayer to enable them to deal with this tax query.

Written Answers — Tax Code: Tax Code (1 Apr 2009)

Brian Lenihan Jnr: The Deputy will be aware that charities law is a matter for the Department of Community, Rural and Gaeltacht Affairs. However, the case indicated by the Deputy concerns tax relief on donations to charities and was referred to the European Court of Justice by the German courts. The case involved a German taxpayer that had been refused tax relief on the donation of certain goods to the Centro...

Written Answers — Mental Health Services: Mental Health Services (1 Apr 2009)

Brian Lenihan Jnr: My Department has not received any proposal recently from the Department of Health and Children regarding the use of funds from the disposal of mental health hospitals.

Written Answers — Pension Levy: Pension Levy (1 Apr 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 102 and 106 together. Public servants who are members of public service pension schemes are liable to pay the pension-related deduction legislated for in the Financial Emergency Measures in the Public Interest Act 2009. On this basis, third-level researchers on fixed-term and temporary contracts must pay the deduction, since they are members of the relevant...

Written Answers — Tax Collection: Tax Collection (1 Apr 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the taxpayer's tax affairs have been reviewed for 2008 and a PAYE Balancing Statement issued on 25th March 2009.

Written Answers — Tax Code: Tax Code (1 Apr 2009)

Brian Lenihan Jnr: Arrangements for addressing and tackling aggressive tax planning and tax avoidance differ across States. However, a common purpose running through many of these arrangements is the need for tax authorities to know, as early as possible, the details of schemes that may not be acceptable. In this jurisdiction, apart from specific anti-avoidance provisions contained in various sections of the...

Written Answers — Tax Collection: Tax Collection (1 Apr 2009)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that additional information has been requested from the person to facilitate full consideration of the case. On receipt of this information a review will be carried out and any refund due will issue to the person concerned.

Written Answers — Tax Code: Tax Code (2 Apr 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that as a general rule all vehicles imported permanently into the State must register for VRT purposes within one working day of arrival. This rule applies equally to vehicles imported by EU and non EU persons. In practice, Revenue allows latitude of a maximum of seven days for registration. However, section 135(a) of the Finance Act 1992 permits a...

Written Answers — Pension Levy: Pension Levy (2 Apr 2009)

Brian Lenihan Jnr: Public servants who are members of public service pension schemes are liable to pay the pension-related deduction legislated for in the Financial Emergency Measures in the Public Interest Act 2009. On this basis, third-level researchers on fixed-term and temporary contracts must pay the deduction, since they are members of the relevant occupational pension schemes. They are just one of many...