Results 11,861-11,880 of 27,019 for speaker:Michael Noonan
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: The most recently published fiscal forecast was contained in the SPU in April. The Capital Acquisitions Tax (CAT) duty estimate underpinning the 2013 forecast was c. €375m. If there is no change in the CAT rate, the estimate for 2014, as per the SPU, is c.€370m. The reason for the decline is the non-recurrence of once offs which are scheduled to accrue in 2013. It should be...
- Written Answers — Department of Finance: Tax Reliefs Availability (10 Jul 2013)
Michael Noonan: Given the various exemptions and reliefs from Capital Acquisitions Tax and the scale of the information on them being sought by the Deputy it is not possible to answer the question in the time available. I will contact the Deputy directly with a reply.
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: It is not possible to answer the Deputy's question on Discretionary Trust Tax in the time available. I will contact the Deputy directly with a reply.
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: The most recently published fiscal forecast was contained in the SPU in April. The stamp duty estimate underpinning the 2013 forecast was €1,180m. If there was no change to stamp duty rates, estimated stamp duty yield in 2014, consistent with the SPU, would be €1,050m. The Deputy should be aware that €170m of the 2013 forecast relates to the Health Insurance Levy...
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: The most recently published fiscal forecast was contained in the SPU in April. The stamp duty estimate underpinning the 2013 forecast was €1,180m. If there was no change to stamp duty rates, estimated stamp duty yield in 2014, consistent with the SPU, would be €1,050m. The Deputy should be aware that €170m of the 2013 forecast relates to the Health Insurance Levy...
- Written Answers — Department of Finance: Tax Reliefs Availability (10 Jul 2013)
Michael Noonan: I am advised by the Revenue Commissioners that given the variety of exemptions and reliefs that apply to Stamp Duty it is not possible to answer the question in the time available. I will contact the Deputy directly with a reply.
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: I am informed by the Revenue Commissioners that the full year cost or yield to the Exchequer from increasing or reducing the 9%, 13.5% and 23% rates, are provisionally estimated as follows. These figures are estimates in terms of 2013 expected yields. Corresponding estimates for 2014 are not yet available. VAT rate Estimated cost/yield from 1% change 9% +/- €125m 13.5% +/-...
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: As the Deputy will be aware, the DIRT rate was increased by 3 per cent in Budget 2013. The most recently published fiscal forecast was contained in the SPU in April. The DIRT forecast underpinning the 2013 projection was c. €650m. If there is no change in the applicable DIRT rate, the estimated yield in 2014 is c. €675m, which includes carryover from the Budget 2013 measure....
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: I am advised by the Revenue Commissioners that basic data are not available on Revenue records to provide a basis for compiling estimates of the impact on the Exchequer from the proposal mentioned in the question. Accordingly, the specific information requested by the Deputy cannot be provided. In many cases a non-resident individual with an Irish bank account may be resident in a country...
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: The most recently published fiscal forecast was contained in the SPU in April. The VRT estimate underpinning the 2013 excise forecast was c. €480m. If there is no change in the VRT rate, the estimate for 2014, as per the SPU, is c.€490m. It should be pointed out that these figures may be comprehensively revised in the context of the White Paper and Budget 2014 as emerging...
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is...
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is...
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is...
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is...
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is...
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is...
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is...
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is...
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: It is assumed that the individual in question is working part time in 2013 for 20 hours a week at the minimum hourly rate of €8.65 per hour, which equates to an annual income of €8,996 per annum. In 2014, the individual takes up full time employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it...
- Written Answers — Department of Finance: Tax Yield (10 Jul 2013)
Michael Noonan: It is assumed that the individual in question is working part time in 2013 for 20 hours a week at the minimum hourly rate of €8.65 per hour, which equates to an annual income of €8,996 per annum. In 2014, the individual takes up full time employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it...