Results 9,961-9,980 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Tax Code: Tax Code (20 May 2009)

Brian Lenihan Jnr: I presume that the Deputy is referring to the 60% statutory redundancy rebates scheme. This is in fact a matter for the Department of Enterprise, Trade and Employment, who administer the relevant scheme. I am however aware that where a business is awaiting a statutory redundancy rebate and it is experiencing particular difficulties in meeting its tax obligations because of a delay in...

Written Answers — Customs Inspections: Customs Inspections (20 May 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that one officer continues to be assigned full time to Killybegs Port and is accommodated in Killybegs Fisheries Harbour Centre. The Revenue Customs Mobile Enforcement Service also covers Killybegs Port as part of their ongoing patrols. Customs officers have assessed the risk at Killybegs and other ports or landing places over a number of years and...

Written Answers — Tax Code: Tax Code (20 May 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that for the purposes of Capital Acquisitions Tax (gift and inheritance tax), the relationship between the person who provided the gift or inheritance (the disponer) and the person who received the gift or inheritance (the beneficiary) determines the maximum tax-free threshold – known as the "group threshold" – below which gift or inheritance tax...

Written Answers — Tax Code: Tax Code (21 May 2009)

Brian Lenihan Jnr: The position is that the PAYE tax credit is due against a variety of sources of income including occupational pensions and pensions payable under the Social Welfare Acts. However, irrespective of the number of sources of income against which the PAYE tax credit may be due, an individual is entitled to only one PAYE tax credit (currently €1,830) per annum. As regards a pensioner couple...

Written Answers — Tax Code: Tax Code (21 May 2009)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that, in response to the person's claim dated 9th March 2009, they issued a request for a doctor's certificate outlining the nature of the child's illness. The certificate has not yet been received. I would suggest that if the individual wishes to pursue the claim, the person to contact is Mr. Pearse Penney, Revenue House, Blackpool, Cork....

Written Answers — Tax Code: Tax Code (21 May 2009)

Brian Lenihan Jnr: It is assumed that the Deputy's question refers to taxes on income and accordingly I will address my reply to income tax, PRSI and income and health levies. Persons aged 70 years and over are not liable to pay health levy contributions and PRSI contributions are not payable by persons aged 66 and over. They are however subject to income tax on their taxable income and to income levy on...

Written Answers — Tax Code: Tax Code (21 May 2009)

Brian Lenihan Jnr: The position is that the income levy does not apply to tracker bonds. These products are currently subject to Deposit Interest Retention Tax (DIRT) at 28% on the interest paid on the date of the maturity payment.

Written Answers — Departmental Expenditure: Departmental Expenditure (21 May 2009)

Brian Lenihan Jnr: The following table contains the information requested by the Deputy. Average time for payment to be made to suppliers in period to end April 2009 Name of Body Average no of Days for payment to be made to suppliers Department of Finance 11 State Laboratory 14 Public Service Appointments 5 Commission for Public Servants Appointments 7 Office of the Ombudsman 6 Valuation Office 7...

Written Answers — Tax Code: Tax Code (21 May 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that, in the calculation of business profits of a trade or profession, a deduction would be available for expenditure incurred on toll road charges where the expense is incurred wholly and exclusively for the purposes of the trade or profession. This treatment is in accordance with the general rule which applies in relation to the calculation of such...

Written Answers — Tax Code: Tax Code (21 May 2009)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that the tax rebate in question relates to Relevant Contracts Tax that was deducted by a Principal Contractor from the taxpayer referred to by the Deputy. A total of €14,298.02 was deducted in 2008 and €8,115.57 has been refunded. The balance of €6,182.45 is currently being withheld pending clarification on the VAT registration status of...

Appointment of Ombudsman and Information Commissioner: Motions (26 May 2009)

Brian Lenihan Jnr: I move the following motions: That Dáil Éireann recommends Ms Emily O'Reilly for appointment by the President to be the Ombudsman. That Dáil Éireann recommends Ms Emily O'Reilly for appointment by the President to be the Information Commissioner. I am pleased to move these resolutions recommending Ms Emily O'Reilly for appointment by the President as the Ombudsman and Information...

Appointment of Ombudsman and Information Commissioner: Motions (26 May 2009)

Brian Lenihan Jnr: I thank Deputies for their unanimous endorsement of Ms O'Reilly as Ombudsman. A number of points were made on the legislation and we will have an opportunity to address that when the amending legislation on the Ombudsman comes before the House in the next few months. Deputy Burton thanked the Taoiseach for his courtesy in consulting the party leaders before the appointment. I am glad when...

Written Answers — Regulations Review: Regulations Review (26 May 2009)

Brian Lenihan Jnr: I have no plans to repeal section 9 of the Financial Emergency Measures in Public Interest Act 2009. However, I understand that the Minister for Health and Children in accordance with the legislation will be initiating a review before 30 June 2010 of the operation of regulations made under the section.

Written Answers — Insurance Industry: Insurance Industry (26 May 2009)

Brian Lenihan Jnr: The pricing of insurance products reflect a broad range of factors, including for example, the level of cover, the number of claims, legal and administration costs, the cost of fraud as well as the overall cost level in the economy. My Department has been advised by the Financial Regulator that while the non-life insurance market performed well up to the end of 2006, market sources indicate...

Written Answers — Tax Code: Tax Code (26 May 2009)

Brian Lenihan Jnr: I have been informed by the Revenue Commissioners that section 124 of the Stamp Duties Consolidation Act 1999 provides for a stamp duty charge in respect of credit cards. The primary determining factor in establishing a charge to stamp duty on a credit card is that the individual credit card holder has an address in the State. Accordingly, where an individual has an address in the State a...

Written Answers — Departmental Expenditure: Departmental Expenditure (26 May 2009)

Brian Lenihan Jnr: It is assumed that the Deputy is referring to the cost of managing issues arising from alcohol and drug misuse by officers of the Department. Departments do not contribute in any way to the actual cost of treatment programmes; the only cost incurred is in the payment of the appropriate rate of pay, while the staff member participates in a residential programme. While there are indirect...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (26 May 2009)

Brian Lenihan Jnr: I am assuming that the Deputy is referring to my dealings with those financial institutions covered by the Bank Guarantee Scheme. I am advised that the number of owner-occupier homeowners on fixed rate mortgages is in the region of 96,000, based on information recently provided by the covered institutions. Generally mortgages are for long periods. To some consumers a fixed interest rate on a...

Written Answers — Tax Code: Tax Code (26 May 2009)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that the taxpayer returned to work in August 2008. The Department of Social and Family Affairs normally notify the employer of the weekly taxable disability benefit and the date that it commenced. Unfortunately, because the Department of Social and Family Affairs records were not fully up to date, this did not occur in this instance. When a...

Written Answers — Tax Code: Tax Code (26 May 2009)

Brian Lenihan Jnr: The position is that any individual with an entitlement to a full medical card is exempt from paying the income levy. I am advised by the Revenue Commissioners that this person holds a full medical card and the income levy is not being deducted.

Written Answers — Tax Yield: Tax Yield (26 May 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the Betting Duty received for the months January to April 2008 was €15.36 million and the provisional yield for the same period in 2009 is €13 million.