Results 13,801-13,820 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Tax Refunds: Tax Refunds (19 May 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the Value-Added Tax (Refund of Tax) (No 25) Order, 1993 (SI No. 266 of 1993) provides for refunds of VAT to unregistered farmers who have borne tax in relation to outlay on the construction, extension, alteration or reconstruction of any building or structure which is designed for use solely or mainly for the purposes of a farming business, or on...

Written Answers — Tax Refunds: Tax Refunds (19 May 2010)

Brian Lenihan Jnr: The provision of a tax credit in respect of trade union subscriptions was introduced in the Finance Act, 2001. Arising from the prior need to identify the qualifying trade union members in the most efficient way possible, the tax relief for trade union subscriptions due in respect of the short tax year ended 31 December 2001 was, with the agreement of the Irish Congress of Trade Unions,...

Written Answers — Pension Provisions: Pension Provisions (19 May 2010)

Brian Lenihan Jnr: I presume the Deputy is asking about the position with regard to 'pay parity' whereby the pensions of retired public servants have been linked to the pay of the grade from which they retire. I announced in Budget 2010 that the Government would be considering using the Consumer Price Index as the basis for post-retirement increases for both existing and future public service pensioners....

Written Answers — EU Directives: EU Directives (19 May 2010)

Brian Lenihan Jnr: As Chapter V of the Commission's proposal deals with the treatment of private equity funds, I assume the Deputy is referring to Chapter VII which sets down the specific rules in relation to third countries. This proposal has been the subject of much debate over the past 12 months and text has evolved considerably since the Commission's proposal was published on 30 April 2009. At Ecofin...

Written Answers — Tax Code: Tax Code (20 May 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 applied 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 tax...

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

Brian Lenihan Jnr: This is a matter for the Revenue Commissioners who are responsible for the administration of mortgage interest relief through the tax relief at source system. I am advised by Revenue that following contact with the person concerned it has been established that due to an error on the part of the lender the person concerned has been receiving a smaller amount of relief than she was entitled to....

Written Answers — Tax Refunds: Tax Refunds (20 May 2010)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that they last wrote to the person concerned on 24 March 2010. A full response to that letter is awaited.

Written Answers — Departmental Agencies: Departmental Agencies (20 May 2010)

Brian Lenihan Jnr: The National Asset Management Agency Act 2009 (Section 42) provides that all officers of NAMA are National Treasury Management Agency (NTMA) employees with specified purpose contracts linked to the life of NAMA. The remuneration packages of all NTMA staff are negotiated on an individual contract basis and are confidential.

Written Answers — Departmental Agencies: Departmental Agencies (20 May 2010)

Brian Lenihan Jnr: There is a rigorous appointment process regarding officers of NAMA by the NTMA, which fully deals with any actual or potential conflicts of interest. It is a condition of assignment as an officer of NAMA that there is no material conflict of interest. Each employee of NTMA assigned as a NAMA Officer has to complete a statement of assets, liabilities and interests where all matters are...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (20 May 2010)

Brian Lenihan Jnr: I presume the Deputy's question refers to customer deposits. The existing statutory Deposit Guarantee Scheme ('DGS') covers retail deposits with all credit institutions authorised in Ireland (including credit unions) up to a maximum of €100,000 per qualifying depositor per institution. The DGS does not have an end-date and will continue to apply after 29 September 2010. On-demand deposits...

Written Answers — National Pensions Reserve Fund: National Pensions Reserve Fund (20 May 2010)

Brian Lenihan Jnr: I announced, during the debate on the Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Act 2009 last March, that the preparation of the draft legislation provided an opportunity to consider once again the position regarding ethical investment of the National Pensions Reserve Fund (NPRF) and that I would establish an Interdepartmental Committee to examine the...

Written Answers — Overseas Development Aid: Overseas Development Aid (20 May 2010)

Brian Lenihan Jnr: As the Deputy is aware Ireland pledged a voluntary contribution of €100m over the period 2010-12. The total voluntary contributions pledged from all EU Member States amounts to €7.2bn over 2010-12. The disposition of this sum will be settled in the context of the current estimates process.

Written Answers — Proposed Legislation: Proposed Legislation (20 May 2010)

Brian Lenihan Jnr: I am aware of concerns expressed by credit union bodies, including the Credit Union Development Association, regarding the Section 35 proposals associated with the Central Bank Reform Bill 2010. These concerns are primarily focussed on the provisioning elements of the proposals. However, the proposals overall represent a balanced approach to the need to facilitate members while at the same...

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

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the total receipts from the carbon tax for the period January to April 2010, in respect of petrol and auto-diesel only, is €53.1 million, i.e. €48.4 million from the carbon charge and an estimated €4.7 million in respect of VAT. It is estimated that the carbon tax, inclusive of VAT, will yield approximately €250 million in 2010. The...

Written Answers — Pension Provisions: Pension Provisions (20 May 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 83 and 84 together. In my earlier reply of 29 April 2010 to the Deputy, to which she refers, I set out the actions taken by me in response to the recommendations of the Covered Institutions Remuneration Oversight Committee (CIROC) and also where the Government went beyond those recommendations with the introduction of a salary cap of €500,000 with any...

Written Answers — Financial Institutions Remuneration: Financial Institutions Remuneration (20 May 2010)

Brian Lenihan Jnr: A new senior management team has been appointed to the bank. The salaries of all these are in compliance with the €500k salary cap. None are in receipt of the pension cash allowances and no bonuses are being paid or are planned to be paid.

Written Answers — State Banking Sector: State Banking Sector (20 May 2010)

Brian Lenihan Jnr: The term "Accounting Officer" in Government accounting terms is specific to the officer responsible to the Oireachtas for having the account of expenditure and receipts of "voted expenditure" prepared and presented for audit. The Accounting Officer, usually the Secretary General or Head of the Department or office in question, may then be called to appear before the Public Accounts Committee...

Written Answers — State Banking Sector: State Banking Sector (20 May 2010)

Brian Lenihan Jnr: While as Minister and Shareholder I am concerned with all aspects of the bank, operational issues, including decisions in relation to corporate entertainment, are matters for the Board of the bank. The bank has informed me that, as part of an ongoing cost review, the bank has significantly reduced the level of expenditure on corporate entertainment and corporate hospitality activity over the...

Written Answers — Tax Code: Tax Code (25 May 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the rate of VAT on the supply of insemination services is 13.5%, regardless of the form of the service. The various rates mentioned to by the Deputy appear to refer to the different systems of VAT operating for farmers depending on whether they are registered for VAT or not. A farmer who is registered for VAT must charge VAT on the supply of...

Written Answers — Tax Code: Tax Code (25 May 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 114 and 116 together. 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 applied from 1 May 2010 to kerosene, marked gas oil (also known as 'green diesel' or 'agricultural diesel'), liquid petroleum gas...