Results 13,821-13,840 of 16,537 for speaker:Brian Lenihan Jnr

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

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the person in question made a valid claim in respect of medical expenses incurred, however, as this person had paid no income tax during the year in question i.e. 2009, no refund of tax was due.

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

Brian Lenihan Jnr: I propose to take Questions Nos. 119 and 120 together. I am informed by the Revenue Commissioners that the data available on the amounts of Excise, exclusive of carbon tax, and VAT generated by clearances in the first 4 months of 2009 and 2010 on Petrol and Auto Diesel is as follows. Mineral Oil Tax Receipts – exclusive of carbon tax Petrol 2009 2010 €m €m Jan 129.4 107.2 Feb 81.7...

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

Brian Lenihan Jnr: The carbon tax was introduced from midnight, 9 December 2009 in respect of petrol and auto-diesel. I am informed by the Revenue Commissioners that since its introduction, 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...

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

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that VAT returns do not require the yield from a particular sector or sub-sector of trade to be identified. The figures provided in this reply for VAT receipts are estimates of the amount of VAT yield that would be generated by the volume of clearances of Auto Diesel and Petrol from January to April 2010. The estimated VAT gain is as follows: ...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (25 May 2010)

Brian Lenihan Jnr: You will be aware that on foot of recapitalisations arising out of NAMA, I am imposing specific lending targets on the main business banks, AIB and Bank of Ireland. They will make available for targeted lending not less than €3 billion each for new or increased credit facilities to SMEs in both 2010 and 2011. The two banks were required to submit SME lending plans both by geography and...

Written Answers — Semi-State Sector: Semi-State Sector (25 May 2010)

Brian Lenihan Jnr: I am as anxious as anyone else to ensure a competitive, efficient semi-state sector. I am not certain that a "Bord Snip" type process would be the most effective way to proceed as the commercial Semi-State Sector for example operates outside the Exchequer and the issue of cost savings is a matter for the management and boards. I have no problem however with Dáil Éireann and its committees...

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

Brian Lenihan Jnr: Services supplied by State bodies, including local authorities, will become subject to VAT from 1 July 2010. This is as a consequence of the European Court of Justice case C-544/07 against Ireland on 16 July 2009, which ruled that Ireland should amend its VAT legislation to provide that State and public bodies are in general subject to VAT. This case goes back to 2004 when infringement...

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

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that a refund of income tax for 2009 issued to the taxpayer on 14 May 2010.

Written Answers — Banking Sector Regulation: Banking Sector Regulation (25 May 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 127 and 128 together. A sole trader or SME is entitled to seek a review from the Credit Review Office where they consider that the terms or conditions attached to a credit facility or its price are so onerous as to amount to a constructive refusal on the same basis as when an application for credit is actually refused. This applies regardless of whether they...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (25 May 2010)

Brian Lenihan Jnr: A sole trader or SME is entitled to seek a review from the Credit Review Office when there is a reduction or removal of an overdraft facility on the same basis as when an application for credit is refused. I would strongly urge businesses to avail of the opportunity for an independent review of decisions to enhance their chances of obtaining credit or retaining existing credit.

Written Answers — Consultancy Contracts: Consultancy Contracts (25 May 2010)

Brian Lenihan Jnr: All major contracts awarded by the National Asset Management Agency since its inception, including those for accountancy services, have been fully compliant with standard public procurement procedures and have been awarded through www.etenders.gov.ie, the website for Irish public tenders. These procedures require that the most economically advantageous bid be accepted. The names of the...

Written Answers — Proposed Legislation: Proposed Legislation (25 May 2010)

Brian Lenihan Jnr: The submission forwarded by the Deputy refers to amendments to Section 35 of the Credit Union Act 1997 contained in the Central Bank Reform Bill 2010. The submission seeks the deferral of the insertion of the new Sections 35A and 35B, stating that the conditions attached require consultation and much further discussion. I do not agree with this proposition for the following reasons. Section...

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

Brian Lenihan Jnr: I understand from the Chief State Solicitor that he has not yet applied to the High Court for a grant of Letters of Administration in this case but expects to do so shortly. As noted in my previous reply, the applicant's case for a waiver of the State's interest in the estate under Section 73 of the Succession Act, 1965 will then be considered by the Chief State Solicitor and by the Attorney...

Written Answers — Departmental Programmes: Departmental Programmes (25 May 2010)

Brian Lenihan Jnr: The cycle to work scheme came into operation on 1 January 2009. With a view to keeping the scheme simple and reducing administration on the part of employers, there is no notification procedure for employers involved. Accordingly, the Revenue Commissioners do not have statistics on the uptake of the scheme by employers or employees. The scheme operates on a self-administration basis, and...

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

Brian Lenihan Jnr: Section 5 of the Finance Act 2009 was amended whereby the level of tax relief investors can claim on the interest for mortgages and loans on residential rental properties was reduced to 75% of the interest accrued from 7th April 2009. This measure was introduced at a time when mortgage interest rates were at historical lows and the repayment burden on investors had been reduced significantly....

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

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that initially the person concerned took out a new mortgage in 2003. A further new mortgage was taken out in 2007. Immediately prior to the 2010 Finance Act, mortgage interest relief was only available for a maximum of seven tax years. On that basis, the person concerned ceased to be granted mortgage interest tax relief at the end of 2009, covering...

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

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the VAT rules for the sale of goods (including silage wrap) from one Member State to another are as follows. Sales between a VAT registered business in Northern Ireland and another VAT registered business (including a farmer) in this State are zero rated in Northern Ireland and the purchaser must self-account to Revenue in this State for VAT on...

Written Answers — Departmental Agencies: Departmental Agencies (25 May 2010)

Brian Lenihan Jnr: The following Offices and Bodies are under the aegis of the Department of Finance but are funded from their own Votes and I am not administratively responsible for them. Vote Presidents Establishment 1 Comptroller and Auditor General 5 Superannuation and Retired Allowances 7 Appeal Commissioners 8 Revenue Commissioners 9 Office of Public Works 10 State Laboratory 11 Secret Service...

Written Answers — Departmental Expenditure: Departmental Expenditure (25 May 2010)

Brian Lenihan Jnr: The attached table sets out details of the Budget Estimates, by Subhead, for the years 2007-2010. The Subheads reflect the particular projects (programmes) that fall within the ambit of my Vote in each year. The table also sets out the amounts unspent and surrendered in each of the years in question. The Deputy should note that the total unspent in 2007 was €4.687m but, in accordance with...