Results 11,161-11,180 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: VAT Rates Application (22 May 2013)

Michael Noonan: The transport of passengers and their accompanying baggage is exempt from VAT in Ireland under paragraph 14(3) of Schedule 1 to the VAT Consolidation Act 2010. In this respect, services provided by the coach passenger operators are exempt from VAT and as such there is no charge to VAT. This means that a person who provides a bus or coach service does not register for VAT and does not charge...

Written Answers — Department of Finance: Illicit Trade in Tobacco (22 May 2013)

Michael Noonan: I am informed by the Revenue Commissioners that the agreements between major tobacco manufacturers, the EU and participating Member States provide for annual payments to the EU and to qualifying Member States over a specified period of years, and for additional payments in respect of certain seizures of cigarettes. The following is a link to the section of the European Anti-Fraud Office...

Written Answers — Department of Finance: Economic Performance (22 May 2013)

Michael Noonan: My Department monitors the overall performance of the economy and of individual sectors on an ongoing basis. Key sectors are subject to scrutiny as part of this process and also in reviews undertaken by line Departments to which my Department contributes or supports. For example, under the Action Plan for Jobs 2013, my Department is co-ordinating actions dealing with the property market....

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: I am pleased to have the opportunity to appear before the select committee today in connection with the 2013 Estimates for my Department and for the offices under the ambit of my Department, including the Revenue Commissioners, the appeals commissioner and the Comptroller and Auditor General. I will begin by making some general comments in respect of the outputs of my Department during 2012...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: Some of it is Presidency related but the monitoring of the banking sector and the various things we had to do in banking is costly as well and there are some expected consultancy costs. The gains for the promissory note are huge. One is dealing with sums of €40 billion and obviously one needs the best possible expertise, both legal and financial. One does not have it in-house all...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: In the consultancy for this year there are three financial inclusion projects: the CPA, the national bank and the e-payments to which I referred in my contribution. Quite a chunk of it on the financial side is there but, of course, there are also the extra staff and the extra expenditure associated with the Presidency.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: A total of €1.4 million has been requested on the Vote to fund the economic planning and reform initiative aimed at equipping Ireland for an exit from the EU-IMF support programme. This €1.4 million has been distributed in four equal amounts of €350,000 to each of the four strategic programmes. We will investigate what reforms are needed across the economic sectors as...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: No. It is an initiative of the Minister for Finance and the Minister for Public Expenditure and Reform at the moment but we will be going to Government with it shortly.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: Obviously, there is a fiscal element to it because Europe is pretty well developed as a fiscal union now between the two-pack, the six-pack, the European semester and the treaty that we passed. All the fiscal measures that require fiscal co-ordination are in place. We will build in the fiscal targets but we will have a wider economic plan that will touch on the various sectors that will...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: I understand it is the EU Presidency.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: A sum of €165,000 for PricewaterhouseCoopers fees for one secondee.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: I am going down through the distribution of costs across the division about which Deputy Boyd Barrett has asked. A sum of €165,000 is provided for the salary of someone who was seconded from PricewaterhouseCoopers in the financial securities risk area. There is a figure of €850,000 in the SEPA standard bank account for provision of legal advice.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: It is the single euro payments area. It is one of the projects. There was another figure of €1.36 million, €1.190 million of which was for credit surveys on small and medium sized enterprises, which we reported on previously. A sum of €0.120 million was for work on mortgage arrears and €0.050 million was for the Credit Review Office. Index No. 207601 was in...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: No, it was for a person who came from PwC and was no longer being paid by PwC and, in lieu, was being paid by the Department of Finance. It was someone with a particular expertise that we seconded for one year and having seconded him we took over responsibility for his salary.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: He was in the financial risk area of the Department assessing financial risk, an important function in the Department.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: It is whatever the pay for the grade would be. The Deputy will know the way public service pay goes. One progresses from executive officer, to higher executive officer, to assistant principal, to principal officer and then assistant secretary. The figure is approximately the gross pay for assistant secretary, including pay and pension contributions. There is no additionality. It is...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: According to my note it includes several projects some of which are condition-linked to the bank recapitalisation programme. I will see if I can get a figure for how far over the staff it would be. I have another note here. EU Regulation No. 26/2012 established technical and business requirements for credit transfers and direct debits in euro and entered into force on the day following...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: I covered that in reply to a previous question. It is part of the economic-----

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: I know that. I would say the Deputy still has his first communion money.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Estimates for Public Services 2013
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Office of the Appeal Commissioners (Revised) (22 May 2013)

Michael Noonan: The provision for the Office of the Comptroller and Auditor General has been maintained at 2012 levels because the office has assumed new NAMA responsibilities. We want to make sure the costs are covered.