Results 13,341-13,360 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Tax Yield: Tax Yield (1 Apr 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the estimated net yield of VAT for the years 2005 to 2009 and the estimated breakdown in respect of the yields from the reduced VAT rate and the standard VAT rates are as set out in the following table. Net VAT Yield 2005 to 2009 Reduced VAT Rate Standard VAT Rate Total â'¬m â'¬m â'¬m 2005 5,108 7,017 12,125 2006 5,914 7,537...

Written Answers — Mortgage Arrears: Mortgage Arrears (1 Apr 2010)

Brian Lenihan Jnr: As the Deputy is aware, on 25th February 2010, I informed the Government of my proposals regarding expanding the membership of the Interdepartmental Mortgage Arrears Group, under the Chairmanship of Mr. Hugh Cooney who is an insolvency accountant. The revamped Group has commenced its work, having met twice since being established, and has finalised its Terms of Reference which I have...

Written Answers — Departmental Reviews: Departmental Reviews (1 Apr 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 74 and 75 together. 2006-2008 Round of Reviews The Value for Money and Policy Review process was launched in 2006, replacing the old Expenditure Review Initiative (ERI). In total 65 Reviews were completed during the 2006-2008 Round of Reviews. 32 reviews were not completed under the round and were carried forward into the new round of VFM reviews for...

Written Answers — Pension Provisions: Pension Provisions (1 Apr 2010)

Brian Lenihan Jnr: The Minister for Transport has primary responsibility for matters relating to the company in question, including its pension schemes. With regard to pension arrangements, the administration of the schemes and proposals for amendment to the schemes are a matter for the company and its pension committee in the first instance. The relevant legislation requires that any amendments to the schemes...

Written Answers — Pension Provisions: Pension Provisions (1 Apr 2010)

Brian Lenihan Jnr: Following the Review of Tax Relief for Pensions Provision carried out jointly by my Department and the Revenue Commissioners in 2005, as part of the Internal Reviews of certain tax schemes, a number of significant changes were made to pensions tax policy in the 2006 Budget and Finance Act. These changes impacted primarily on high net worth individuals. The most significant of the changes was...

Central Bank Reform Bill 2010: Order for Second Stage (20 Apr 2010)

Brian Lenihan Jnr: I move: "That Second Stage be taken now."

Central Bank Reform Bill 2010: Second Stage (20 Apr 2010)

Brian Lenihan Jnr: I move: "That the Bill be now read a Second Time." It is now three weeks since I outlined to this House the last major element of the Government's strategy to resolve our banking crisis. The decisive and bold steps we have taken are not popular, and the honest and full disclosure by the Government and its agencies of the appalling mess we have uncovered within our banks has shocked the...

Energy Security: Motion. (20 Apr 2010)

Brian Lenihan Jnr: I am a Minister and I will keep you company for a while.

Written Answers — Tax Code: Tax Code (20 Apr 2010)

Brian Lenihan Jnr: Section 473A of the Taxes Consolidation Act 1997 provides for tax relief at the standard rate of income tax (20%) in respect of qualifying fees paid by an individual in respect of a third level education course. Qualifying fees means tuition fees paid in respect of an approved course at an approved college. The maximum annual limit on which tax relief can be claimed is €5,000 @ 20%...

Written Answers — National Lottery Funding: National Lottery Funding (20 Apr 2010)

Brian Lenihan Jnr: The National Lottery Act 1986 provided for the establishment of the National Lottery. The National Lottery Company was incorporated in September 1986 and commenced trading in March 1987. Section 5 of the National Lottery Act 1986 provided that the surplus from the National Lottery may be used for the following purposes: Sport and other recreation; national culture, including the Irish...

Written Answers — Disabled Drivers: Disabled Drivers (20 Apr 2010)

Brian Lenihan Jnr: The Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provides relief from VAT and Vehicle Registration Tax (up to a certain limit), and exemption from motor tax, on the purchase of an adapted car for transport of a person with specific severe and permanent physical disabilities. The disability criteria for these concessions are set out in the Disabled Drivers and Disabled...

Written Answers — Tax Code: Tax Code (20 Apr 2010)

Brian Lenihan Jnr: In my Budget Statement of 9 December 2009 I announced that a carbon tax at a rate of €15 per tonne is being introduced on fossil fuels. The tax was applied to petrol and auto-diesel with effect from midnight, 9 December 2009; and will apply from 1 May 2010 to kerosene, marked gas oil (also known as 'green diesel' or 'agricultural diesel'), liquid petroleum gas (LPG), fuel oil and natural...

Written Answers — Vehicle Registration Services: Vehicle Registration Services (20 Apr 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that they have an obligation to address the question of the proper use and management of resources, particularly in the current economic circumstances. In this context and following an efficiency review of smaller offices, the Vehicle Registration Office (VRO) for Co. Donegal was relocated to Donegal Town in February 2009. The Revenue office in...

Written Answers — Tax Code: Tax Code (20 Apr 2010)

Brian Lenihan Jnr: I announced in the Budget that a carbon tax at a rate of €15 per tonne is being introduced on fossil fuels. The tax was applied to petrol and auto-diesel with effect from midnight, 9 December 2009; and will apply from 1 May 2010 to kerosene, marked gas oil (also known as 'green diesel' or 'agricultural diesel'), liquid petroleum gas (LPG), fuel oil and natural gas. The application of the...

Written Answers — State Claims Agency: State Claims Agency (20 Apr 2010)

Brian Lenihan Jnr: The State Claims Agency has informed me that the State Claims Agency (SCA), the name used by the National Treasury Management Agency (NTMA) when carrying out its claims and associated risk management functions, is not subject to the moratorium on public sector recruitment. The moratorium does not apply to the NTMA on account of the delegation to it of multiple, additional functions. The SCA...

Written Answers — Financial Services Regulation: Financial Services Regulation (20 Apr 2010)

Brian Lenihan Jnr: Composite information, as requested by the Deputy, on the holdings of domestic credit institutions bank senior and subordinated debt held by Irish credit unions is not available. Credit institutions, including the specific institution referred to in the Deputy's question do not have access to comprehensive information on the holders of their senior and subordinated debt, because such debt is...

Written Answers — Tax Collection: Tax Collection (20 Apr 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that a copy of the P45 was posted to the person in question on 13 April 2010.

Written Answers — Tax and Social Welfare Codes: Tax and Social Welfare Codes (20 Apr 2010)

Brian Lenihan Jnr: Co-habitating couples are expressly recognised for the purpose of social welfare law but are not recognised for the purposes of income tax law. Although this may appear contradictory, the main aim of both the welfare code and the tax code is to uphold the constitutional right of married couples not to be treated less favourably than unmarried couples. The basis for the current tax treatment...

Written Answers — Public Service Contracts: Public Service Contracts (20 Apr 2010)

Brian Lenihan Jnr: There is no general requirement that companies applying for public contracts provide three year financial statements of accounts. Under public procurement guidelines, contracting authorities are required to ensure that recently established firms, or firms with no previous experience of public contracts, are not excluded from public tendering. It is, of course, essential that contractors...

Written Answers — Public Service Contracts: Public Service Contracts (20 Apr 2010)

Brian Lenihan Jnr: Information such as the composition or breakdown by financial turnover of companies awarded public contracts is not sought or maintained centrally. Contracts advertised in the Official Journal of the EU (OJEU) will generally indicate if it is intended that the contract will be awarded in lots. Subsequent to award, certain information on individual contracts advertised on the OJEU is published...