Results 10,901-10,920 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Tobacco Control Measures (14 May 2013)

Michael Noonan: I take it that the Deputy is referring to the payments that are made to Ireland under the international agreements entered into by four major tobacco manufacturers, the European Union and Member States. I am advised by the Revenue Commissioners that the payments made to Ireland under those agreements in the years 2008 to 2012 are set out in the following table. Payments to Ireland under...

Written Answers — Department of Finance: Property Taxation Administration (14 May 2013)

Michael Noonan: A key aspect of the work undertaken by Revenue in the implementation of the Local Property Tax (LPT) was the development of a comprehensive 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 Household Charge database from the Local Government Management Agency (LGMA), Non-Principal...

Written Answers — Department of Finance: Property Taxation Application (14 May 2013)

Michael Noonan: The case referred to by the Deputy refers to a property which has been adapted for a person with a disability. The precise circumstances are not clear from the information supplied but I will outline the exemption and relief which may be available. I refer the Deputy also to my detailed reply to similar questions, No. 115 on 27 March (15664/13) and No. 231 on 16 April (16212/13). Section...

Written Answers — Department of Finance: Property Taxation Collection (14 May 2013)

Michael Noonan: I am advised by the Revenue Commissioners that they have adopted a very open approach in their work on implementing the Local Property Tax (LPT) to date. In creating its valuation guidance, Revenue consulted widely with academic and other researchers in the field of property valuation. Revenue engaged geo-specialist consultants from an academic institution in Ireland to assist in creating...

Written Answers — Department of Finance: Departmental Funding (14 May 2013)

Michael Noonan: The National Treasury Management Agency (NTMA), as Manager of the National Pensions Reserve Fund (NPRF), does not comment on potential investments for reasons of commercial confidentiality. For various reasons not all opportunities considered by the NPRF necessarily result in an investment. Where the NPRF does ultimately make an investment commitment, these are detailed each year in the...

Written Answers — Department of Finance: Tax Exemptions (14 May 2013)

Michael Noonan: I am advised by the Revenue Commissioners that one of their officers has spoken to the taxpayer to discuss his particular tax issues. The options available were explained and it has been arranged that the taxpayer’s agent will contact the Revenue officer directly for any further clarification necessary.

Written Answers — Department of Finance: Property Valuations (14 May 2013)

Michael Noonan: The Deputy will be aware that I have dealt comprehensively with previous questions, both written and in Topical Debates, from herself and from other public representatives on the question of property valuation for Local Property Tax (LPT) purposes. I disagree that continuing problems are being faced by people in fairly valuing their properties. Property owners have already filed in excess...

Written Answers — Department of Finance: IBRC Liquidation (14 May 2013)

Michael Noonan: I have been advised by the Special Liquidators that the Quinn building was sold directly by the Quinn Group and is not pledged or held as security by IBRC. The sale of the Quinn building was therefore not a direct cost to the taxpayer.

Written Answers — Department of Finance: Property Taxation Collection (14 May 2013)

Michael Noonan: I am advised by the Revenue Commissioners that it is not possible to provide a breakdown of the number of registrations for the Local Property Tax on a regional or administrative area basis until Local Property Tax Returns are filed, processed and the results analysed. Property owners have until 28 May to file their returns electronically.

Written Answers — Department of Finance: Tax Exemptions (14 May 2013)

Michael Noonan: In order to qualify for a charitable tax exemption, a body or trust must be established for charitable purposes only and must apply all of its income to those purposes. Procedures are in place to firstly ensure that the exemption is only granted to bodies that meet the necessary criteria and to secondly satisfy the Revenue Commissioners of continued compliance with the terms of the...

Written Answers — Department of Finance: Mobile Telephony (14 May 2013)

Michael Noonan: The sale of the mobile spectrum in 2012 was a welcome success, yielding the State revenues of approximately €730 million in general government terms for the year. Generally speaking all revenues of the State, including capital receipts, as well as tax revenues and non-tax revenues are paid into the Central Fund. They are not assigned to specific areas of expenditure but rather form...

Written Answers — Department of Finance: Tax Reliefs Application (14 May 2013)

Michael Noonan: Section 50 student accommodation is a section 23 type relief given in respect of the provision of certain third level student accommodation. The scheme was introduced on 1 April 1999 and extended a number of times before finally coming to an end on 31 July 2008. The details of accommodation addresses is not captured as a normal part of individual tax returns, with the result that a list...

Written Answers — Department of Finance: Mortgage Interest Rates Issues (14 May 2013)

Michael Noonan: While the Government is acutely aware of the increasing financial stress that some households are facing in the current environment, ultimately the pricing of financial products, including standard variable mortgage interest rates, is a commercial matter for the management and the Board of the Institution. As the Deputy will be aware the Relationship Framework with AIB provides that the...

Written Answers — Department of Finance: Public Sector Staff Remuneration (14 May 2013)

Michael Noonan: The following table sets out the number of personnel in whole-time equivalent terms in respect of my Department in each of the following earning brackets. Earnings Band € Number of employees 0-20,000 12.9 20,001-30,000 67.36 30,001-40,000 71.2 40,001-50,000 39 50,001-60,000 35.4 60,001-70,000 2.8 70,001-80,000 33 80,001-90,000 33 90,001-100,000 10 100,001-125,000 9...

Written Answers — Department of Finance: Illicit Trade in Tobacco (14 May 2013)

Michael Noonan: I am informed by the Revenue Commissioners that combating the illegal tobacco trade is, and will continue to be, a high priority for them. Their “Strategy on Combating the Illicit Tobacco Trade (2011-2013)” includes a wide range of measures designed to identify and target those engaged in the supply or sale of illicit tobacco products, with a view to seizing the illicit...

Written Answers — Department of Finance: Tax Yield (14 May 2013)

Michael Noonan: I am informed by the Revenue Commissioners that statistics on the amount of income tax, including Universal Social Charge (USC) paid by the employees of multinational companies that have invested in Ireland are not separately available. However, the amount of income tax, including USC, paid in 2012 by the 50 companies, managed in Revenue’s Large Cases Division, which manages the...

Written Answers — Department of Finance: Property Taxation Exemptions (14 May 2013)

Michael Noonan: The Government decided that a universal liability to the Local Property Tax (LPT) should apply to all owners of residential properties with a limited number of exemptions. The Finance (Local Property Tax) Act 2012, as amended, does not contain an exemption related to the previous payment of Stamp Duty. The Inter-Departmental Expert Group on the Design of a Property Tax (the...

Written Answers — Department of Finance: Departmental Expenditure (14 May 2013)

Michael Noonan: In response to the Deputy's question the following table outlines details in respect of the individual amount of overtime paid in the case of each political/Ministerial appointee for the period 2007 to date in 2013. Minister No. of Political Appointees Amount € Total € Brian Cowen 1 15,274 15,274 Brian Lenihan 2 35,020 40,773 75,793 Michael Noonan 1 19,859 19,859 In...

Written Answers — Department of Finance: Banking Sector Issues (14 May 2013)

Michael Noonan: I can inform the Deputy that under the terms of the Relationship Frameworks that govern the relationship between the Minister for Finance and the covered institutions, the Board and Management team retain responsibility and authority for determining the banks' strategies and commercial policies and conducting their day-to-day operations. The appointment of rent receivers to buy to let...

Written Answers — Department of Finance: Banking Operations (14 May 2013)

Michael Noonan: As the Deputy is aware, I have no statutory function in relation to banking decisions made by individual lending institutions at any particular time. This is ultimately a commercial decision for the management team and board of each bank, having due regard to their customers and the impact on profitability. Notwithstanding the fact that the State is a minority shareholder in Bank of...