Results 10,921-10,940 of 27,019 for speaker:Michael Noonan

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

Michael Noonan: For Local Property Tax (LPT) purposes, a residential property is defined as any building or structure (or part of a building) which is used as, or is suitable for use as, a dwelling. This is similar to the position for the Household Charge, which applied to a building (including a house, flat, maisonette, or apartment) which was occupied or suitable for occupation as a separate dwelling. ...

Written Answers — Department of Finance: Property Taxation Exemptions (15 May 2013)

Michael Noonan: Local authorities will be liable to pay the Local Property Tax (LPT) on their properties in the same way as any other residential property owner, unless the properties in question are used to provide special needs accommodation. This refers to people who require support to enable them to live in the community, such as sheltered accommodation for the elderly or the disabled. The Revenue...

Written Answers — Department of Finance: Motor Fuels Issues (15 May 2013)

Michael Noonan: The Deputy will be aware that I engaged on a number of occasions last year with the Irish Road Haulage Association and, out of that engagement, a working group was set up between Department officials, Revenue, the IRHA and public representatives to examine the issue of fuel prices. In Budget 2013 I announced that I would be introducing a commercial diesel relief thus allowing qualifying...

Written Answers — Department of Finance: Health Levy Issues (15 May 2013)

Michael Noonan: The Health Insurance (Miscellaneous Provisions) Act 2009 was introduced to make the cost of private health insurance accessible to older people, to support the Government’s policy of community rating of health insurance. Community rating, in principle, provides that everybody is charged the same premium for a particular health insurance plan, irrespective of age, gender and the...

Written Answers — Department of Finance: Financial Services Regulation (15 May 2013)

Michael Noonan: I have to inform the Deputy that, for reasons of confidentiality, the Central Bank are unable to provide information on the levies payable by individual firms. For information, the gross annual funding requirement represents, for each industry category, the proportion (50% in most cases) of the budget for financial regulation activities attributable to that category. This is then adjusted...

Written Answers — Department of Finance: Financial Services Regulation (15 May 2013)

Michael Noonan: A breakdown of the monetary penalties imposed as part of entering into settlement agreements with the Central Bank under Section 33AV of the Central Bank Act 1942 (as amended) is set out in the following table. There have been no directions issued by the Central Bank to refund or withhold monies charged or paid during the period 2010-2012. It should be noted, however, that the Central Bank...

Written Answers — Department of Finance: Mortgage Interest Relief Extension (15 May 2013)

Michael Noonan: As the Deputy is aware the Programme for Government contained a very specific commitment to examine a proposal to increase mortgage interest relief to 30% for first time buyers who bought between 2004 and 2008. In Budget 2012, this commitment was fulfilled. It is not my intention to widen the parameters of the commitment contained in the Programme for Government. As you will appreciate, I...

Written Answers — Department of Finance: IBRC Loans (15 May 2013)

Michael Noonan: I am advised by the Special Liquidators that they are not in a position to comment on individual cases. The information requested is confidential and it would not be appropriate for the Special Liquidators to release such information. The terms of the European Commission Commitments letter are contained in the Commission Decision of 29.06.2011 and published at - ( ). I am not aware of...

Written Answers — Department of Finance: IBRC Staff (15 May 2013)

Michael Noonan: There is no requirement for any IBRC employee to obtain permission from my Department to take up any offer of employment with investment firms or with individuals/companies who have substantial loans with the IBRC. However, I am advised by the Special Liquidators that there is a clause in all employment contracts of employees of IBRC that prevents them from disclosing or using any...

Written Answers — Department of Finance: Banking Sector Issues (15 May 2013)

Michael Noonan: I have been informed by AIB that the bank’s net interest margin for December 2012 is 0.9% or 1.22% excluding Eligible Liabilities Guarantee (ELG) fees and all relevant disclosures can be found on page 23 of AIB’s 2012 Annual Accounts published on 27th March 2013. With respect to June 2012, net interest margin was 0.9% or 1.24% excluding ELG fees and this information is published...

Written Answers — Department of Finance: Banking Sector Issues (15 May 2013)

Michael Noonan: As I have previously advised the Deputy for commercial confidentiality reasons AIB has confirmed that it does not publicly disclose the details of contracts with individual external service providers. However, the bank can confirm that for the purpose of asset valuation, separate advisors were used by AIB and the Trustees of the AIB Pension Fund.

Written Answers — Department of Finance: NAMA Debtors (15 May 2013)

Michael Noonan: I am advised by NAMA that all such proposals are considered on a case by case basis by reference to the objective of maximising debt repayment to NAMA.

Written Answers — Department of Finance: NAMA Debtors (15 May 2013)

Michael Noonan: As is NAMA’s practice, and in compliance with Sections 99 and 202 of the National Asset Management Act 2009, NAMA does not comment on individual assets under the control of its debtors.

Written Answers — Department of Finance: Departmental Expenditure (15 May 2013)

Michael Noonan: I propose to take Questions Nos. 119 and 120 together. Due to commercial confidentiality and sensitivities, and also solicitor/client confidentiality, the Special Liquidators do not propose to provide details of amounts due and paid by Anglo Irish Bank to Matheson Ormsby Prentice and/or Morgan Stanley in 2008.

Written Answers — Department of Finance: Tax Yield (15 May 2013)

Michael Noonan: I am advised by the Revenue Commissioners that the net receipts for carbon tax in 2012 are set out in the table below. As home heating fuel can be kerosene, Marked Gas Oil, LPG or Natural Gas and as end use is not determined at the time of supply it is not possible to accurately provide the breakdown between receipts from home heating and motor fuel that the Deputy requests. Auto-diesel and...

Written Answers — Department of Finance: Pension Provisions (15 May 2013)

Michael Noonan: As the Deputy will be aware the pension arrangements for the staff of Permanent TSB are a matter for the management of that company and for the trustees of the relevant pension schemes. The development of alternative proposals would also be a matter for the company and the trustees. It would not be appropriate for me to comment on the implications for an individual arising out of any proposed...

Written Answers — Department of Finance: Tax Reliefs Availability (15 May 2013)

Michael Noonan: I propose to take Questions Nos. 123 and 128 together. The charitable tax exemption scheme is administered by the Revenue Commissioners. In order to avail of the exemption, a body or trust must be established for charitable purposes only and must apply all of its income to charitable purposes. The Deputies are most likely aware that while bodies that hold a charitable tax exemption are...

Written Answers — Department of Finance: Household Charge Collection (15 May 2013)

Michael Noonan: I am advised by the Revenue Commissioners that they are currently in discussions with the Local Government Management Agency (LGMA) regarding receipt of the final database for those who have paid the Household Charge by 1 July 2013. The Commissioners anticipate that they will receive the final register later in the year. By virtue of the Finance (Local Property Tax) Act 2012 (as...

Written Answers — Department of Finance: Departmental Expenditure (15 May 2013)

Michael Noonan: My Department had no litigation cases in the General Court in Luxembourg and in the European Court of Human Rights in Strasbourg from the years 2005 to 2012. During that same period, officials from my Department attended the European Court of Justice in Luxembourg on 17 occasions. Legal costs incurred by the State for cases before the European Court of Justice are borne by the Chief State...

Written Answers — Department of Finance: Tax Yield (15 May 2013)

Michael Noonan: I propose to take Questions Nos. 126 and 127 together. As the Deputy is aware the Programme for Government contained a very specific commitment to examine a proposal to increase mortgage interest relief to 30% for first time buyers who bought between 2004 and 2008. In Budget 2012, this commitment was fulfilled. It is not my intention to widen the parameters of the commitment contained in...