Results 14,061-14,080 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Tax Forms (23 Jan 2014)

Michael Noonan: I am advised by the Revenue Commissioners that they have no record of the person in question having ever made a request for a P21 Balancing Statement to their offices.  A P21 Balancing Statement for the tax year 2012 has now issued to the individual in question. It is dated 21st January 2014. In order for a P21 Balancing Statement for the tax year 2013 to issue, the person in...

Written Answers — Department of Finance: European Investment Bank Loans (28 Jan 2014)

Michael Noonan: The Deputy will find below a table with a breakdown of all Irish projects assisted by the European Investment Bank (EIB) in respect of the period 2007 2013, including: the project titles, the amounts for loans approved; the approval date; the sector involved; and the signature dates for the loans, where applicable. The Deputy should note that the total amount of EIB support in a particular...

Written Answers — Department of Finance: Tax Credits (28 Jan 2014)

Michael Noonan: As the Deputy is aware, the One-Parent Family Tax Credit (OPFTC) has been replaced with a new Single Person Child Carer Tax Credit from 1 January 2014.   The restructured credit will be of the same value i.e. €1,650 per annum as the one-parent family tax credit and it will also carry the same entitlement to the additional €4,000 extended standard rate band, which...

Written Answers — Department of Finance: VAT Exemptions (28 Jan 2014)

Michael Noonan: I propose to take Questions Nos. 174, 195 and 197 together. I am advised by the Revenue Commissioners that paragraph 4(3) of Schedule 1 of the Value-Added Tax Consolidation Act 2010 provides exemption for children's or young person's education provided by educational establishments recognised by the State and by other persons supplying education of a similar kind.  After-school...

Written Answers — Department of Finance: Banking Sector Issues (28 Jan 2014)

Michael Noonan: This Government continues to work to create an environment conducive to the entry of such new entrants primarily through the implementation of policies to promote economic recovery and employment creation but also through different initiatives to ensure that there is an adequate pool of credit to underpin the recovery.  This is a theme common to our EU partners. Ireland continues to...

Written Answers — Department of Finance: Mortgage Resolution Processes (28 Jan 2014)

Michael Noonan: I propose to take Questions Nos. 176, and 192 to 194, inclusive, together. Where relevant, Irish financial services law (including the Consumer Protection Code 2012, the Code of Conduct on Mortgage Arrears and the Consumer Credit Act 1995) applies to the regulated activities of regulated entities. The CCMA applies to the mortgage lending activities of all regulated entities, except credit...

Written Answers — Department of Finance: Tax Forms (28 Jan 2014)

Michael Noonan: I have been advised by the Revenue Commissioners that the issue of a Form P45 is a matter between the employer and the employee in the first instance. However, Revenue has contacted the employer concerned and requested that Form P45 be issued to the person concerned. In the interim Revenue has updated its records to indicate that the employment with the employer concerned ceased in October...

Written Answers — Department of Finance: Banking Sector Regulation (28 Jan 2014)

Michael Noonan: I propose to take Questions Nos. 178 to 181, inclusive, together. By virtue of Regulation 15(1)(b) of the European Communities (Credit Institutions: Accounts) Regulations 1992, (S.I. 294 of 1992) (1992 Regulations) the Central Bank of Ireland (Central Bank) may bring and prosecute an offence under the 1992 Regulations. Regulation 5(1) permits a company to prepare financial statements in...

Written Answers — Department of Finance: NAMA Accounts (28 Jan 2014)

Michael Noonan: I am advised that the loan valuation process which was adopted to conform with the provisions of Part 5 of the NAMA Act was very thorough and required the provision of extensive supporting documentation from the participating institutions. As the Deputy may be aware, valuations were not set by NAMA or by the institutions. Property valuations were set by independent valuers, reviewed by...

Written Answers — Department of Finance: Public Sector Pensions Data (28 Jan 2014)

Michael Noonan: No individual in my Department has been awarded added years under the Professional Added Years Scheme or as a result of abolition of office (Section 6 of the Superannuation Act 1909 and Sections 6 and 7 of the Superannuation and Pensions Act 1963 refer).  All matters in relation to the policy and/or administration of pensions (including added years on the grounds of ill-health...

Written Answers — Department of Finance: Banking Sector Remuneration (28 Jan 2014)

Michael Noonan: As the Deputy will be aware the Review of Remuneration Practices & Frameworks at the Covered Institutions (the "Mercer Report") was published by my Department on 12th March 2013. The following breakdown of total salary and remuneration appears on page 43 of that review.   AIB AIB BOI BOI Number of staff Salary Remuneration Salary Remuneration €300,000 -...

Written Answers — Department of Finance: National Internship Scheme Data (28 Jan 2014)

Michael Noonan: My Department does not have a presence in County Louth, and consequently has not taken on any JobBridge interns in that area.

Written Answers — Department of Finance: Bank Contracts (28 Jan 2014)

Michael Noonan: Permanent TSB ("PTSB") is not legally required to comply with public procurement rules but it has informed me that it follows industry best practice in relation to procurement in that all large consultancy assignments are subject to competitive tenders, detailed contract negotiations and appropriate governance, including Board approval. As the Deputy may be...

Written Answers — Department of Finance: Tax Code (28 Jan 2014)

Michael Noonan: I am advised by the Revenue Commissioners that a PAYE taxpayer is regarded, generally, as an individual whose: - Main source of income is taxed within the PAYE system and - Non-PAYE income (if any) e.g. rental income, dividends, etc. is taxed by reducing their tax credits and tax rate bands, and - Gross non-PAYE income is less than €50,000 and their net non-PAYE income (if any) is...

Written Answers — Department of Finance: Tax Forms (28 Jan 2014)

Michael Noonan: I am informed by the Revenue Commissioners that the introduction of the Local Property Tax (LPT) in 2013 was the largest extension of self-assessment in the history of the State, with over 1.3 million taxpayers obliged to file LPT Returns and pay the tax.  Given the significant numbers to whom the new tax applied, its introduction needed to be carefully planned and considered,...

Written Answers — Department of Finance: Departmental Records (28 Jan 2014)

Michael Noonan: In response to the Deputy question my Department has a comprehensive set of guidelines in place in relation to record management within the Department.  Following a recent internal audit process the guidelines were reissued to all staff members in March 2013 to insure that all members of staff were brought up to date with the file management procedures in operation within the...

Written Answers — Department of Finance: Tax Credits (28 Jan 2014)

Michael Noonan: The Department of Social Protection has a range of payments to assist families and individuals in financial difficulties including Family Income Support, One Parent Family Payment, Supplementary Welfare and Rent Supplement. The One-Parent Family Credit ceased with effect from 31 December 2013 and was replaced by the Single Person Child Carer Credit, (SPCCC), which is applicable...

Written Answers — Department of Finance: Tax Collection (28 Jan 2014)

Michael Noonan: As the Deputy will be aware from my replies to his previous Questions of 24 September 2013 (Dáil Question No. 39398/13), 21 November 2013 (Dáil Question No.49879/13) and 10 December 2013 (Dáil Question No. 52942/13) the Revenue Commissioners have already carefully considered this matter.  Specifically, the Revenue Commissioners wrote to the person concerned on 5 September...

Written Answers — Department of Finance: Departmental Expenditure (28 Jan 2014)

Michael Noonan: The table below sets out the payments made by my Department in respect of professional fees during the period 1 May 2011 to 31 December 2013: Type of Professional Service Company/Service Provider Name Amount  (€)  Consultancy Niamh Hyland €24,657.00 Consultancy David Barniville €36,402.00 Consultancy Charles River Associates €60,500.00...

Written Answers — Department of Finance: Tax Code (28 Jan 2014)

Michael Noonan: The position is that where a couple is cohabiting, rather than married or in a civil partnership, they are treated as separate and unconnected individuals for the purposes of income tax.  Each partner is a separate entity for tax purposes and, therefore, cohabiting couples cannot file joint assessment tax returns or share their tax credits and tax bands in the same manner as married...