Results 13,401-13,420 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Mortgage Arrears: Mortgage Arrears (21 Apr 2010)

Brian Lenihan Jnr: The Financial Regulator has statutory responsibility for the regulation of non-interest related banking charges under Section 149 of the Consumer Credit Act 1995. Credit institutions are obliged to seek the prior approval of the Regulator before any increase in such fees. I, as Minister for Finance have no role in the matter. For the purposes of Section 149 a charge includes a penalty...

Written Answers — Mortgage Arrears: Mortgage Arrears (21 Apr 2010)

Brian Lenihan Jnr: As the Deputy is aware, on 25th February 2010, I informed the Government of my proposals to extend the membership of the then Interdepartmental Mortgage Arrears Group to include external experts under the Chairmanship of Mr. Hugh Cooney an insolvency accountant. The external members of this expert group (Group) were selected on the basis of their individual expertise in areas relating to...

Written Answers — Tax Collection: Tax Collection (21 Apr 2010)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that a PAYE Balancing Statement P21 for the year 2008 issued to the person concerned on 15th January 2010. In addition copies of the balancing statement were issued on the 18th and 24th March 2010.

Written Answers — Tax Collection: Tax Collection (21 Apr 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that identifying figures of tax receipts from small and medium enterprises would depend on how these enterprises are defined and whether the details of such a definition could be associated with the appropriate data on Revenue tax records. The relevant figures in this area that are currently available to Revenue are as contained in Table CTS 1 in...

Written Answers — Tax Collection: Tax Collection (21 Apr 2010)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that, following consideration of the circumstances of the case, they indicated to the parties involved on 27 October 2009 that they were prepared to mitigate the interest on late payment of Stamp Duty to the amount chargeable on 31 May 2007, which was the date at which the individuals put their former solicitor in funds to pay the Duty on their...

Written Answers — Financial Services Regulation: Financial Services Regulation (21 Apr 2010)

Brian Lenihan Jnr: The Financial Regulator has informed me that it is aware that conditions such as the one referred to in the Parliamentary Question can be a part of a mortgage protection policy. However as the make-up and content of products is a commercial decision for an insurer on the basis of their risk analysis, the Financial Regulator has no influence over such matters. The Financial Regulator does...

Written Answers — Tax Code: Tax Code (21 Apr 2010)

Brian Lenihan Jnr: As the Deputy is aware, all taxes and potential taxation measures continue to be reviewed on an ongoing basis, particularly in the context of the annual Budget and Finance Bill process. The submission on a new property tax will be considered on this basis.

Written Answers — Motor Fuels: Motor Fuels (22 Apr 2010)

Brian Lenihan Jnr: I announced in Budget 2010 that a carbon tax at a rate of €15 per tonne was 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 — Flood Relief: Flood Relief (22 Apr 2010)

Brian Lenihan Jnr: My Department made an application to the EU Commission on 27th January 2010 for funding under the EU Solidarity Fund based on estimates of damage received from Departments and local authorities. The application was formally acknowledged by the Commission on 24th February 2010. The EU Solidarity Fund does not fund full reconstruction nor does it fund prevention works. It funds emergency...

Written Answers — Flood Relief: Flood Relief (22 Apr 2010)

Brian Lenihan Jnr: I assume the Deputy is referring to the application made by my Department to the EU Commission on 27th January 2010 for funding under the EU Solidarity Fund based on estimates of damage received from Departments and local authorities following the flooding in November 2009. The application was formally acknowledged by the Commission on 24th February 2010. The EU Solidarity Fund does not fund...

Written Answers — Pension Provisions: Pension Provisions (22 Apr 2010)

Brian Lenihan Jnr: As the Deputy is aware Anglo Irish Bank is the only bank which is State owned and managed by a Board on behalf of the State. Pension Schemes available to staff at the bank include defined benefit schemes (which closed to new membership in 1994) and a defined contribution scheme. These schemes are funded schemes, and are operated by appointed trustees. The schemes are operated independently...

Written Answers — Motor Fuels: Motor Fuels (22 Apr 2010)

Brian Lenihan Jnr: As required by the Energy Tax Directive, all fuel used for commercial sea navigation, including sea-fishing, will continue to be exempt from Mineral Oil Tax, including the mineral oil tax carbon charge that was introduced in this year's Finance Act.

Written Answers — Company Registration: Company Registration (22 Apr 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that Revenue's Customer Service Standards, published in August 2009, state that 100% of VAT registrations will be dealt with within 10 working days. The 10 working day standard for VAT registrations takes into account an extra level of scrutiny carried out by Revenue to ensure that the VAT registration is in respect of a legitimate trade. VAT...

Written Answers — Tax Code: Tax Code (22 Apr 2010)

Brian Lenihan Jnr: The Valuation Act, 2001 maintains the long-standing position that all commercial facilities - including all preschool child care facilities such as playschools, preschools, crèches and Montessori schools - are liable for rates. However, charitable organisations providing child care facilities exclusively for charitable purposes and otherwise than for private profit are excluded from...

Written Answers — Tax Code: Tax Code (22 Apr 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that Revenue's Customer Service Standards, published in August 2009, state that 100% of employer registrations will be dealt with within 5 working days. In 2008 98% of Employer Registrations were dealt with within 5 working days. This represents 25,680 Registrations out of a total of 26,336. In 2009 95% of Employer Registrations were dealt with...

Written Answers — Tax Code: Tax Code (22 Apr 2010)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that a cheque amounting to €825 will issue to the taxpayer in respect of the current year. This refund will issue by Revenue within the next week.

Written Answers — Pension Provisions: Pension Provisions (22 Apr 2010)

Brian Lenihan Jnr: Last night, Mr Boucher issued a statement saying that he was sensitive to the current comment and debate about his pension arrangements and that he had decided to waive his option to retire on pension at age 55. This means that the requirement to make the payment by the bank to the pension fund no longer exists. I welcome Mr Boucher's decision. ^^ Medical Cards. ^^

Written Answers — Tax Code: Tax Code (27 Apr 2010)

Brian Lenihan Jnr: I announced in the Budget that a carbon tax at a rate €15 per tonne would be introduced on fossil fuels. It should be noted that a carbon tax came into effect on 10 December 2009 in respect of petrol and auto-diesel 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...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (27 Apr 2010)

Brian Lenihan Jnr: Information on the debt issuance of Anglo Irish Bank is published by the institution in its annual accounts and on other occasions as appropriate. Information on the debt issuance by institutions under the Eligible Liability Guarantee Scheme is also available on the NTMA website (www.ntma.ie). Details of the amounts guaranteed under the schemes are not published because of the commercial...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (27 Apr 2010)

Brian Lenihan Jnr: The statutory origin of the relationship framework, signed on 8 July 2009, between the Minister and Anglo Irish Bank Corporation Limited lies in Section 3 of the Anglo Irish Bank Corporation Act 2009. In the interests of facilitating compliance with EU State aid and competition policy, the Relationship Framework recognises the separation of Anglo Irish Bank from the Minister and limits...