Results 11,761-11,780 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Tax Collection: Tax Collection (17 Nov 2009)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that the person concerned is jointly assessed for Income Tax. A PAYE Balancing Statement P21 for the year 2008 together with any refund due will issue to the persons concerned shortly.

Written Answers — Tax Collection: Tax Collection (17 Nov 2009)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that the person concerned is jointly assessed for Income Tax. A PAYE Balancing Statement P21 for the year 2008 together with any refund due will issue to the person concerned shortly.

Written Answers — Tax Collection: Tax Collection (17 Nov 2009)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that a PAYE Balancing Statement P21 for the year 2008 together with any refund due will issue to the person concerned shortly.

Written Answers — Tax Yield: Tax Yield (17 Nov 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the most recently completed historical data available on incomes and tax is in respect of the income tax year 2007. On this basis the information requested in relation to the top 4% of income earners and income quintiles is set out in the following table. To assemble the figures by income quintile, the total number of income earners on the...

Written Answers — Tax Code: Tax Code (17 Nov 2009)

Brian Lenihan Jnr: I refer the Deputy to my response to her of Tuesday 3rd November in relation to question number 387 on the order paper of that day.

Written Answers — Tax Code: Tax Code (17 Nov 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the latest relevant information available is in respect of income tax relief allowed for contributions to Retirement Annuity Contracts (RACs) and Personal Retirement Savings Accounts (PRSAs) for the income tax year 2007. RACs and PRSAs are available to the self-employed and to employees not in occupational pension schemes. The information is...

Written Answers — Tax Code: Tax Code (17 Nov 2009)

Brian Lenihan Jnr: Section 481 of the Taxes Consolidation Act 1997 provides tax relief for investments in qualifying films. A qualifying film is a film for which the Revenue Commissioners have issued a Certificate under Section 481. Further provisions are included in Regulations made by the Revenue Commissioners, with the consent of the Ministers for Finance and Arts, Sport and Tourism. I do not plan to extend...

Written Answers — Public Sector Pay: Public Sector Pay (17 Nov 2009)

Brian Lenihan Jnr: The data requested going back to 1987 is set out in the attached table, which I understand meets the requirements of the Deputy. Earlier data is not readily accessible. Year Net Pay and Pensions Bill GDP at Current Market Prices Net Pay Bill as % of GDP €m €m 1987 3,503 28,163 12.4% 1988 3,612 30,085 12.0% 1989 3,700 33,373 11.1% 1990 4,012 36,184 11.1% 1991 4,294 37,649 11.4%...

Written Answers — Civil Service Staff: Civil Service Staff (17 Nov 2009)

Brian Lenihan Jnr: The numbers of whole time equivalents serving in the grades requested are set out in the following table for 1 January 1998, 1 January 2007 and 30 September 2009 (the latest date for which figures are available). Grade Title 1-Jan-98 1-Jan-07 30-Sep-09 FTE FTE FTE Secretary General 17.00 17.00 17.00 Deputy Secretary 2.00 3.00 2.00 Assistant Secretary 94.00 144.00 150.00 Principal...

Written Answers — Tax Code: Tax Code (17 Nov 2009)

Brian Lenihan Jnr: Minister for Finance ( Mr Lenihan): I am informed by the Revenue Commissioners that the latest relevant available information relates to the income tax year 2006. In that year, an estimated 2,890 claimants availed of the artists' exemption scheme at an estimated cost to the Exchequer of €66 million. An income distribution by reference to bands of exempt income is set out in the following...

Written Answers — Overseas Development Aid: Overseas Development Aid (17 Nov 2009)

Brian Lenihan Jnr: Ireland has played an important role internationally on the issue of alleviation of the debt burden of developing countries. The Government's policy on Debt Strategy, which was prepared jointly by the Department of Finance and the Department of Foreign Affairs, was published in 2002. It supports the cancellation of the debts of the world's poorest countries in accordance with internationally...

Written Answers — Tax Collection: Tax Collection (17 Nov 2009)

Brian Lenihan Jnr: A tax credit certificate issued to the person concerned on 29th October 2009 and any adjustment to his tax deductions will be made through the payroll system of his employer.

Written Answers — Tax Collection: Tax Collection (17 Nov 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that a VAT repayment application from the company in question has now been processed and the refund will issue within the next few days.

Written Answers — Tax Code: Tax Code (17 Nov 2009)

Brian Lenihan Jnr: I assume the Deputy is referring to the cash basis accounting system for VAT, whereby traders account for VAT on receipt of payment for a supply as opposed to when an invoice was issued, as under the normal system. The turnover threshold, below which traders can qualify for the cash-basis system, is currently €1 million. This threshold has been effective since 1 March 2007, before which...

Written Answers — Tax Collection: Tax Collection (17 Nov 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the exact information sought for indirect taxation on a county basis is not available. Revenue Sheriffs, County Registrars or their officers operate for the purposes of enforcement of tax debt within certain geographical boundaries known as a "bailiwick" which equates geographically with "county". Data on the net receipts of some taxes can be...

Written Answers — Tax Collection: Tax Collection (17 Nov 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that it is not possible to furnish precise figures of the VAT take on coal, as the information furnished on VAT returns does not require individual goods or services to be identified. However, very tentative estimates of the VAT yield, based on statistical data derived from non-Revenue sources, are as follows: 2005 2006 2007 2008 2009 â'¬m...

Written Answers — Pension Provisions: Pension Provisions (17 Nov 2009)

Brian Lenihan Jnr: The term public sector is usually taken to comprise all those who are employed, both directly and indirectly, by a public body. The public service is, broadly speaking, the public sector less the commercial semi-state bodies. Public service pension schemes are mainly statutory, set up by or under Acts of the Oireachtas, and virtually all are financed on a pay-as-you-go basis, that is, as...

Written Answers — Financial Services Regulation: Financial Services Regulation (17 Nov 2009)

Brian Lenihan Jnr: As Minister for Finance, I have no role in relation to the setting of mortgage interest rates, nor does the Financial Regulator. The pricing of fixed rate mortgages by lending institutions would normally be based on institutions' own cost of obtaining fixed rate funding for the period in question plus a margin. The actual cost of funds for each institution cannot be assessed on a mortgage by...

Written Answers — Tax Code: Tax Code (18 Nov 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 140, 143, 145 and 146 together. A meeting took place with the airline in question to discuss a range of issues and the air travel tax arose in that context. It is policy to review all taxes in the lead up to the Budget, however, there is no specific review of the air travel tax. We currently face significant financial challenges and the air travel tax is an...

Written Answers — Tax Code: Tax Code (18 Nov 2009)

Brian Lenihan Jnr: I received representation from the Association mentioned in the details supplied. As I outlined in the response to the Association in November 2008, I have been informed by the Revenue Commissioners that, for reasons of confidentiality, they cannot comment on the tax affairs or obligations of named persons. However, I can confirm that, in my response, I did inform the Association that its...