Results 10,241-10,260 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Tax Code (18 Apr 2013)

Michael Noonan: For reasons of taxpayer confidentially the Revenue Commissioners do not discuss or reveal information regarding any taxpayer to third parties, including business associates of the taxpayer. The Commissioners have, however, noted the details supplied by you.

Written Answers — Department of Finance: Tax Code (18 Apr 2013)

Michael Noonan: I am informed by the Revenue Commissioners that the C2 certificate to which the Deputy refers is no longer in use. The Revenue Commissioners have substantially modernised the operation of the Relevant Contracts Tax (RCT) system following the introduction of a dedicated online facility on 1 January 2012, which offers principal contractors a fast, efficient and paper free system. This has...

Written Answers — Department of Finance: Ministerial Adviser Pay (18 Apr 2013)

Michael Noonan: I propose to take Questions Nos. 84 and 85 together. In my Department, I have appointed Mary Kenny and Eoin Dorgan as special advisors. The salaries below are in line with guidelines issued by the Department of Public Expenditure and Reform on the appointment of Ministerial staff. Name 2011 2012 2013 Mary Kenny €83,337 (Mar 2011) €86,604 (Mar 2012) €89,898 (Mar 2013)...

Written Answers — Department of Finance: State Bodies Establishment (18 Apr 2013)

Michael Noonan: In response to the Deputy’s question, details requested are contained in the following table. Name of Body Date Established Is the Body subject to a sunset clause Credit Union Restructuring Board (ReBo) 1 January 2013 ReBo is subject to a sunset clause in relation to its continuance after 1 January 2016. Irish Fiscal Advisory Council Created on an administrative basis on 07...

Written Answers — Department of Finance: Property Taxation Application (23 Apr 2013)

Michael Noonan: The Finance (Local Property Tax) Act 2012 (as amended) sets out how a residential property is to be valued for Local Property Tax (LPT) purposes. The LPT is a self-assessed tax and it is incorrect to describe the general issue of LPT Returns and supporting documentation by Revenue as demands for LPT. In accordance with the legislation, it is a matter for the property owner to calculate the...

Written Answers — Department of Finance: Tax Code (23 Apr 2013)

Michael Noonan: In relation to tax policy the position is that the Programme for Government states that as part of the Government's fiscal strategy we will maintain the current rates of income tax together with bands and credits and not increase the top marginal tax rates. I should point out that the latest OECD data indicates that Ireland has the most progressive tax system of the EU members of its...

Written Answers — Department of Finance: Customs and Excise Staff (23 Apr 2013)

Michael Noonan: I am advised by the Revenue Commissioners that Revenue is an integrated Tax and Customs administration, and all Revenue staff are available for assignment to any required functions in accordance with currently identified priorities and risks. Currently the Revenue Commissioners have approximately 2,000 staff engaged directly in activities that are dedicated to target and confront...

Written Answers — Department of Finance: Customs and Excise Staff (23 Apr 2013)

Michael Noonan: I propose to take Questions Nos. 170 and 171 together. The Revenue Commissioners have provided me with the following information in relation to their overall staffing numbers in County Mayo in response to the Deputy’s questions. Total Revenue staff numbers in County Mayo Year end Full time Work Sharing Totals Headcount Headcount Headcount 2009 107 20 127 2010 111 21 132 2011...

Written Answers — Department of Finance: Tax and Social Welfare Codes (23 Apr 2013)

Michael Noonan: I am informed by the Revenue Commissioners that, in general, an individual with taxable income is obliged to file a tax return and pay tax under the Self Assessment system. The tax return should be used by the individual to declare all of their income sources, including payments from the Department of Social Protection (DSP). This obligation to file a tax return does not generally apply to...

Written Answers — Department of Finance: Fuel Laundering (23 Apr 2013)

Michael Noonan: I propose to take Questions Nos. 173 and 174 together. I am advised by the Revenue Commissioners that they are very aware of the threat that fuel laundering poses both to the exchequer and to legitimate businesses and that tackling this problem is a high priority. Fuel laundering imposes significant costs on the community and poses a serious threat to tax yield and to legitimate...

Written Answers — Department of Finance: Property Taxation Collection (23 Apr 2013)

Michael Noonan: The Finance (Local Property Tax) Act 2012 (as amended) provides that Revenue is responsible for the administration of Local Property Tax (LPT). A key aspect of the work undertaken by Revenue in this regard was the development of a register of residential properties in the State. The register was developed using data drawn from a range of sources including Revenue’s own databases, the...

Written Answers — Department of Finance: IBRC Liquidation (23 Apr 2013)

Michael Noonan: I propose to take Questions Nos. 176 and 194 together. Following the liquidation of IBRC on 7 February 2013, all eligible liabilities covered by the ELG Scheme are entitled to apply for repayment under the Scheme. IBRC had two bonds which were guaranteed under the Scheme and which had ELG certificates. Both were senior unsecured bonds. During March 2013, the two ELG Scheme guaranteed...

Written Answers — Department of Finance: Tax Code (23 Apr 2013)

Michael Noonan: I propose to take Questions Nos. 177, 181 and 250 together. The position is that it is a general principle of taxation that, as far as possible, income from all sources should be subject to taxation. In line with this principle, the majority of social welfare payments are reckonable as income for tax purposes. These include long-term payments such as Disablement Benefit, the State Pension,...

Written Answers — Department of Finance: Property Taxation Exemptions (23 Apr 2013)

Michael Noonan: I refer the Deputy to my detailed reply to Parliamentary Question No. 115 on 27 March last. The Finance (Local Property Tax) Act 2012 (as amended) provides two potential measures of relief from Local Property Tax (LPT) for persons who have a disability. Section 10B provides an exemption for permanently incapacitated individuals while section 15A provides for a reduction in chargeable value...

Written Answers — Department of Finance: Fiscal Advisory Council (23 Apr 2013)

Michael Noonan: I announced the establishment of the Irish Fiscal Advisory Council on 7 July 2011. Since that date the Irish Fiscal Advisory Council has been paid a total of €772,881 as follows: €222,008 for 2011, €408,920 for 2012 and €141,953 so far for 2013. The role of the Council is to provide an assessment of, and comment publicly on, whether the Government is meeting its...

Written Answers — Department of Finance: Universal Social Charge Application (23 Apr 2013)

Michael Noonan: The position is that Universal Social Charge (USC) is chargeable on gross income exceeding €10,036 per year. The standard rates of USC are: 2% on the first €10,036, 4% on the next €5,980, 7% on the balance. Revenue records indicate that the income of the person in question exceeds €10,036 per year and, accordingly, she is liable to USC. Occupational pensions...

Written Answers — Department of Finance: IBRC Liquidation (23 Apr 2013)

Michael Noonan: As the Deputy will be aware, on the 7th February 2013, I made a Special Liquidation Order (SLO) pursuant to section 4 of the Irish Bank Resolution Corporation (IBRC) Bill 2013 (the “Act”) appointing Special Liquidators to IBRC. The appointment of the Special Liquidators is a compensation event under Regulation 8A(1) of the European Communities (Deposit Guarantee Scheme)...

Written Answers — Department of Finance: Financial Services Ombudsman (23 Apr 2013)

Michael Noonan: I propose to take Questions Nos. 183 and 184 together. Firstly, I must point out that the Financial Services Ombudsman is independent in the performance of his statutory functions and it would not be appropriate for me to make any comment on how he does his work. The Financial Services Ombudsman Bureau has long held the position that the public interest would be served by having the...

Written Answers — Department of Finance: Bank Stress Tests (23 Apr 2013)

Michael Noonan: I propose to take Questions Nos. 185 to 187, inclusive, together. The Central Bank of Ireland has supplied my Department with the following information. In line with EU Procurement Directives, BlackRock were appointed in 2012, following a tender process to establish a framework agreement consisting of 4 lots, for the provision of services under the Central Bank of Ireland's (CBI)...

Written Answers — Department of Finance: Tax Collection (23 Apr 2013)

Michael Noonan: On 25th July 2012 the EU Commission, in Decision C(2012) 5037 on State Aid Case number SA 29064, found that the difference between the €10 rate of Air Travel Tax and the €2 rate of Air Travel Tax i.e. €8, constituted a State Aid to the beneficiary airlines. On foot of this Decision Ireland is obliged to recover the aid plus recovery interest. My Department has, since...