Results 11,081-11,100 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Pension Provisions: Pension Provisions (20 Oct 2009)

Brian Lenihan Jnr: As outlined in my previous reply to the Deputy, the Minister for Communications, Energy and Natural Resources has primary responsibility for matters relating to the state body mentioned, including its pension schemes. With regard to pension arrangements, the relevant legislation requires that these be approved by the Minister for Communications, Energy and Natural Resources with the...

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

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that PAYE Balancing Statements P21 for the years 2007 and 2008 together with refunds due will issue to the person concerned shortly.

Written Answers — Departmental Staff: Departmental Staff (20 Oct 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 221 and 224 together. I have taken a reference date of 1 April 2010 for full implementation of the Incentivised Scheme of Early Retirement (ISER) as this would take account of all cases in which deferred retirements have been agreed. 5.6 staff (whole-time equivalent - WTE) at Principal level or higher have to date applied for the ISER. The number of officials...

Written Answers — Professional Fees: Professional Fees (20 Oct 2009)

Brian Lenihan Jnr: Following the Government decision in February to pursue a general 8% reduction on fees to legal, medical, veterinary and other professionals engaged by the public service, it is estimated that a further 20% reduction would yield up to €180 million in a full year.

Written Answers — Tax Yield: Tax Yield (20 Oct 2009)

Brian Lenihan Jnr: It is assumed that the question relates to the application of betting duty to bets placed with on-course bookmakers at horse and greyhound race meetings. Based on an estimate of around €230 million of bets having been placed with on-course bookmakers at race meetings over the year to 31 August 2009, it is estimated that applying the 1% betting duty to such bets would have yielded the...

Written Answers — Tax Collection: Tax Collection (20 Oct 2009)

Brian Lenihan Jnr: The position is that Illness Benefit is a taxable source of income. In this instance (details supplied), the taxpayer has an available Tax Credit of €2,516 for 2009. This equates to an annual income threshold of €12,580 (€12,580 x 20% = €2,516) under which no liability to income tax arises. I am advised that Revenue records indicate that the taxpayer received Illness Benefit income of...

Written Answers — Tax Collection: Tax Collection (20 Oct 2009)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that they have written to the person concerned requesting additional information. Her tax liability will be reviewed on receipt of that information.

Written Answers — National Asset Management Agency: National Asset Management Agency (20 Oct 2009)

Brian Lenihan Jnr: Until the full transfer of eligible loans has been completed, it will not be possible to analyse individual loan files and collate detailed information on borrowers.

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (20 Oct 2009)

Brian Lenihan Jnr: Under the Credit Institutions (Financial Support) Scheme 2008, each of the covered institutions pays a quarterly charge to the Exchequer which is held in a mandated account in the Central Bank. This charge is paid quarterly in advance and all payments have been made in respect of 2009 which amounts to €437,544,223. In the context of the six month review of the charge which was undertaken...

Written Answers — International Agreements: International Agreements (20 Oct 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 230 and 231 together. My Department or the Revenue Commissioners are not familiar with the specific document mentioned by the Deputy. I would like, however, to assure him that Ireland, along with its EU partners, is mindful of the obligation to ensure that the benefits of the EU-Israel Association Agreement are not granted to goods produced in Israeli...

Written Answers — Tax Yield: Tax Yield (20 Oct 2009)

Brian Lenihan Jnr: Tax relief on employee contributions to occupational pension schemes is subject to age-related percentage limits and to an overall annual earnings cap of €150,000 for 2009. The annual earnings cap and age-related percentage limits also apply to contributions to personal pension plans (i.e. Retirement Annuity Contracts and Personal Retirement Savings Accounts). In the case of occupational...

Written Answers — Tax Yield: Tax Yield (20 Oct 2009)

Brian Lenihan Jnr: I assume that the Deputy is referring to individual pension contributions, the tax relief on which is allowed at the taxpayer's marginal income tax rate, that is, at the standard or higher rate of income tax as appropriate in each case. A breakdown of the cost of tax relief on employee contributions to occupational pension schemes is not available by income tax rate, as tax returns by...

Written Answers — Tax Yield: Tax Yield (20 Oct 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that payments of Air Travel Tax by airline operators are not required to be broken down by airport. It is not possible, therefore, to provide details of the amount of tax attributable to flights departing from Shannon Airport.

Written Answers — Financial Services Regulation: Financial Services Regulation (20 Oct 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 235 and 236 together. While the Financial Regulator does not hold all of the specific data that the Deputy refers to, it is due to publish its findings in the near future of a themed inspection into arrears and repossessions. This is a follow on from the last such Financial Regulator report which was published in December 2008. In the December 2008 report, the...

Written Answers — Ministerial Travel: Ministerial Travel (20 Oct 2009)

Brian Lenihan Jnr: I assume the Deputy is referring to foreign travel by Ministers on official business. My Department issued updated guidelines on foreign travel to all Government Departments on 1 July 2009. The guidelines are available on my Department's website at: http://www.finance.gov.ie. The guidelines apply to staff of Departments and all bodies and agencies under the aegis of Departments. I have also...

Written Answers — State Agencies: State Agencies (20 Oct 2009)

Brian Lenihan Jnr: Government Offices under the aegis of my Department operate under the Department of Finance guidelines in relation to Travel and Official Entertainment. The bodies concerned are the Office of the Ombudsman, State Laboratory, Public Appointments Service, Valuation Office, Commission for Public Service Appointments, The Office of the Revenue Commissioners and the Office of Public Works. The...

Written Answers — State Banking Sector: State Banking Sector (20 Oct 2009)

Brian Lenihan Jnr: As the Deputy is aware, Anglo Irish Bank is being run on an arms length commercial basis by the Board of Anglo. Consequently, normal commercial decisions, which include those related to interest rate policy and the management of the funding of the bank, are a matter for the Board of Anglo. Anglo has confirmed that the bank offers a competitive interest rate on a range of deposit products, but...

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

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that, for reasons of confidentiality, they cannot comment on the detailed information related to the payments from the fund referred to in the Deputy's question. I am assured, however, that the Revenue Commissioners took account of all the facts and circumstances involved (including the basis under which entitlement to payments from this fund arose)...

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

Brian Lenihan Jnr: The designation of areas for tax incentives in Northern Ireland is a matter for the UK Treasury. With regard to the designation of areas for tax incentives in this jurisdiction, there are no provisions in the tax code to allow for the immediate ad hoc designation of areas for tax incentives outside the scope of an existing tax incentive scheme. In addition, the designation of any such area...

Written Answers — State Banking Sector: State Banking Sector (20 Oct 2009)

Brian Lenihan Jnr: The Board of Anglo Irish Bank is currently finalising a restructuring plan which will set out the future strategy for the bank. The restructuring plan will consider all options for the future of Anglo. This plan will have to be approved by me and will be submitted to the European Commission for approval under EU State Aid rules by end-November. Anglo is a major financial institution whose...