Results 9,701-9,720 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Departmental Reports: Departmental Reports (30 Apr 2009)

Brian Lenihan Jnr: The following tables set out the reports commissioned in the period 2004-2008. 2004 Name of report commissioned Cost /Estimated cost of report Reason for report The Cohesion Fund in Ireland €43,545 Report on the Cohesion Fund in Ireland Electricity Purchasing Strategies for the Public Sector €66,500 Electricity de-regulation 2006 Report to the Directors General Responsible for...

Written Answers — Tax Code: Tax Code (30 Apr 2009)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that in December 2008, Returns of Income for 2006 and 2007, with supporting documentation, were requested from the person concerned. This information is necessary to deal with reviews but has not yet been submitted by the person concerned.

Written Answers — Pension Provisions: Pension Provisions (30 Apr 2009)

Brian Lenihan Jnr: Details on the terms of the scheme and instructions regarding its operation are being circulated to Departments and will also be available on my Department's website. The benefits available under the scheme are based on service up to the date of departure, there is no addition of years of notional service in respect of the service forgone. The pension entitlement is calculated in the normal...

Written Answers — Consultancy Contracts: Consultancy Contracts (30 Apr 2009)

Brian Lenihan Jnr: The Economist referred to is retained by the NTMA. I am advised by the NTMA that the terms of his contract with the NTMA were agreed on a confidential basis. In the circumstances I am unable to comment further on the issue.

Written Answers — Consultancy Contracts: Consultancy Contracts (30 Apr 2009)

Brian Lenihan Jnr: The company the Deputy refers to is retained by the National Treasury Management Agency (NTMA) and was contracted at my request by the NTMA under the powers set out in the National Treasury Management Agency Act 1990, to assist the Government by providing general, strategic and specific technical advice on the Irish banking sector. The company was first retained in the final week of...

Written Answers — Consultancy Contracts: Consultancy Contracts (30 Apr 2009)

Brian Lenihan Jnr: The company the Deputy refers to was retained by the Financial Regulator in late 2008 to assist the Financial Regulator with a review of the financial and capital positions of Irish banks and to enable the Financial Regulator to advise the Government on what action needed to be taken. Due to the extreme urgency of this work, and in accordance with Public Procurement Guidelines, the...

Written Answers — Tax Yield: Tax Yield (30 Apr 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the information in relation to Vehicle Registration Tax is not captured in such a manner as to identify the receipts generated on a county basis. However, details of the total Vehicle Registration Tax receipts by category of vehicle for the years 2002 to 2008 and the first three months of 2009 are provided in the following table. Vehicle...

Written Answers — Financial Services Regulation: Financial Services Regulation (30 Apr 2009)

Brian Lenihan Jnr: The Deputy's question refers to the redemption fee applied by mortgage providers in circumstances that a customer seeks to break a fixed rate mortgage. Mortgage lenders in Ireland generally seek to recover costs of funds when a borrower with a fixed rate mortgage agreement seeks to terminate the agreement some time before the term agreed. Traditionally redemption fees were articulated with...

Written Answers — Banking Sector: Banking Sector (30 Apr 2009)

Brian Lenihan Jnr: Anglo Irish Bank is being run on an arms length commercial basis. Accordingly, the normal ongoing business of the bank, which includes the number of staff, is a matter for the Board of Anglo. Notwithstanding this I am informed that the number of staff working in Anglo has decreased since the Nationalisation of Anglo from 1,723 at the end of January to 1695 at the end of March 2009.

Written Answers — Banking Sector: Banking Sector (30 Apr 2009)

Brian Lenihan Jnr: Anglo Irish Bank is being run on an arms length commercial basis. Accordingly, the normal ongoing business of the bank, which includes the pay and conditions of staff, is a matter for the Board of Anglo. The cost of wages and salaries for Anglo for 2008 was €143m as per their 2008 annual accounts. As the number of staff working in Anglo has decreased and no bonuses have been awarded I...

Written Answers — Banking Sector: Banking Sector (30 Apr 2009)

Brian Lenihan Jnr: Anglo Irish Bank is being run on an arms length commercial basis. Accordingly, the normal ongoing business of the bank, which includes the pay and conditions of staff, is a matter for the Board of Anglo. Notwithstanding this I am informed that no bonuses have been awarded since the Nationalisation of Anglo.

Written Answers — Tax Code: Tax Code (30 Apr 2009)

Brian Lenihan Jnr: The position is that section 531K(3) of the Taxes Consolidation Act 1997 provides for any income levy deducted from the income of a married person, jointly assessed for tax, where one or both persons are aged 65 years or over, to be repaid after the end of the tax year where the aggregate income of both spouses for the year does not exceed €40,000. The legislation provides for a refund...

Written Answers — Departmental Programmes: Departmental Programmes (6 May 2009)

Brian Lenihan Jnr: There have been a number of important developments with eGovernment since the publication of "Building Ireland's Smart Economy" in December 2008. As the Deputy will be aware, the focus over the past year has been on making progress with those 20 specific services included in the European Commission's eGovernment Benchmarks and those eight specific services identified in the Dáil Joint...

Written Answers — Pension Provisions: Pension Provisions (6 May 2009)

Brian Lenihan Jnr: Section 22 of the Social Welfare and Pensions Act 2009 provides that the Minister for Finance may, after consultation with the Minister for Social and Family Affairs, make a Pensions Insolvency Payment Scheme (PIPS), providing for the payment of monies to or in respect of relevant pensioners. The Act does not provide for the inclusion or exclusion of any particular pension scheme in PIPS....

Written Answers — Departmental Staff: Departmental Staff (6 May 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that staff transfers take place in accordance with agreed procedures and the needs of the work of the organisation. In this context, the person in question has been informed of the position in relation to her application on a number of occasions. The Commissioners have also advised me that they have arranged for the person in question to be reminded...

Written Answers — Tax Code: Tax Code (6 May 2009)

Brian Lenihan Jnr: The position is that foster parents are treated for tax purposes in the same manner as other individuals. However, under the provisions of section 192B of the Taxes Consolidation Act 1997, certain payments made by the Health Services Executive to foster parents in respect of children in their care are exempt from income tax. The payments in question are: - payments made in accordance with...

Written Answers — Tax Code: Tax Code (6 May 2009)

Brian Lenihan Jnr: I should point out that the Commissioner of Valuation is independent in the exercise of his duties under the Valuation Act 2001 and that I, as Minister for Finance, have no function in decisions in this regard. The Valuation Act 2001, which came into effect on 2 May 2002, provides that all buildings used or developed for any purpose, including constructions affixed thereto, are rateable...

Written Answers — Tax Collection: Tax Collection (6 May 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the taxpayer's claim was processed on the 14th April 2009. No tax refund issued as no tax had been deducted in the taxpayer's employment in 2009.

Written Answers — Pension Provisions: Pension Provisions (6 May 2009)

Brian Lenihan Jnr: The rationale for giving tax relief for contributions to various types of retirement savings products is to encourage and promote savings over the long term in order that individuals will have an adequate replacement income in old age. A pension fund is not a "rainy day" fund in the normal sense of that term. Emerging demographic indicators point to increasing numbers of people living longer,...

Written Answers — Tax Collection: Tax Collection (6 May 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that there is no record of receipt of an application for the relevant Tax Clearance Certificate from the person (details supplied) who has been contacted by the Sligo Revenue Office. An application Form TC1 has been posted to him and he has been informed that he may also apply electronically. His application, when received, will be processed at the...