Results 1,461-1,480 of 27,019 for speaker:Michael Noonan

Written Answers — Departmental Expenditure: Departmental Expenditure (13 Apr 2011)

Michael Noonan: The Comprehensive Review of Expenditure which is to take place over the coming months will examine all areas of public spending. The outcomes of the above process will be brought before Government in the autumn for consideration and decision in the annual Budget and Estimates process. I anticipate that expenditure estimates will be published in Budget 2012, as part of the unified budget...

Written Answers — Jobs Initiative: Jobs Initiative (13 Apr 2011)

Michael Noonan: The Government is very strongly committed to a jobs and growth strategy. We are also fully committed to bringing forward as a matter of priority a Jobs Initiative to put this strategy into effect, as set out in the Programme for Government. While a specific date for the publication of such an Initiative has yet to be finalised, I would envisage that it will be some time in May. I can...

Written Answers — State Banking Sector: State Banking Sector (13 Apr 2011)

Michael Noonan: As I indicated in a reply to PQ 7400 (No. 128) on 12 April, the Government will only be in a position to decide on the timing and the structure for setting up the Strategic Investment Bank when the necessary detailed assessment and planning work has been done. Because the necessary work is not completed, the Government Legislation Programme for the summer session which was published on 5...

Written Answers — Debt-to-GDP Ratio: Debt-to-GDP Ratio (13 Apr 2011)

Michael Noonan: Based on the macroeconomic and fiscal outlook underpinning Budget 2011, my Department forecast, in Budget 2011, that the general Government debt-to-GDP ratio would be 98.6% in 2011. In addition to being based on the normal macroeconomic and fiscal forecasts, this forecast was also based on the assumption that a sum of €10 billion would be required to recapitalise the banking sector in 2011....

Written Answers — Mortgage Arrears: Mortgage Arrears (13 Apr 2011)

Michael Noonan: The Central Bank's revised Code of Conduct on Mortgage Arrears states that when arrears arise on a borrower's mortgage and remain outstanding for 31 days from the date the arrears arose, a lender must inform the borrower of the impact of missed mortgage repayments and repossession on the borrower's credit rating. Under the Mortgage Arrears Resolution Process, a lender must explore alternative...

Written Answers — Tax Code: Tax Code (13 Apr 2011)

Michael Noonan: Section 462 of the Taxes Consolidation Act 1997 provides for an additional credit to be granted to a person who proves that they have a qualifying child residing with them for the whole or part of the tax year. A qualifying child is a child who is - under 18 years old at the beginning of the tax year, or - if over 18 years old at that time, in full-time education (including an...

Written Answers — Tax Code: Tax Code (14 Apr 2011)

Michael Noonan: The decision to abolish the relief was taken in the light of a recommendation to this effect by the Commission on Taxation. The Commission's views on this relief were quite definitive. It found that it had not had the desired impact on innovation and R&D activity and that, despite various refinements to the scheme over the years, the relief was not a particularly well-targeted measure...

Written Answers — Departmental Expenditure: Departmental Expenditure (14 Apr 2011)

Michael Noonan: I am advised by the Revenue Commissioners that the estimated capital cost of purchasing two additional mobile X-ray container scanners is in the region of €6,000,000, or €3,000,000 per scanner, inclusive of VAT and standard 5-year maintenance service, based on current market trends. The estimated running costs of two scanners per annum, to include crew salaries, fuel costs, etc. is a...

Written Answers — Senior Bond Debt: Senior Bond Debt (14 Apr 2011)

Michael Noonan: The Deputy will be aware that on 1 April 2011, the Central Bank of Ireland published the total senior and subordinated debt issuances by those banks covered by the Bank Guarantee, as at March 2011. This information is available on the Central Bank's website at www.centralbank.ie. The Central Bank published the individual figures on a once-off basis and were disclosed with the consent of the...

Written Answers — Departmental Staff: Departmental Staff (14 Apr 2011)

Michael Noonan: Below are details of the numbers of staff (Full Time Equivalents (FTEs)) for the years 1995, 2000, 2005 & 2010 in respect of my Department: Department of Finance - Grade Title 1995 2000 2005 2010 SECRETARY GENERAL FINANCE 1.00 1.00 1.00 1.00 SECRETARY GENERAL PSMD 1.00 1.00 1.00 1.00 SECOND SECRETARY 3.00 3.00 3.00 3.00 ASST SECRETARY 10.00 11.00 15.00 12.00 PRINCIPAL OFFICER 42.00...

Written Answers — Motor Vehicle Registration: Motor Vehicle Registration (19 Apr 2011)

Michael Noonan: I am advised by the Revenue Commissioners that a number of changes have taken place recently in relation to the registration of vehicles, including tractors. Section 61 of the Finance (No. 2) Act of 2008, made provision to allow Revenue to appoint a competent person to carry out a pre-registration examination on all vehicles presented for registration, in order to ascertain that all the...

Written Answers — Financial Services Regulation: Financial Services Regulation (19 Apr 2011)

Michael Noonan: The Programme for Government sets out that the Government is committed to the future development of the International Financial Services Centre (IFSC) as a source of future employment growth subject to appropriate regulation. More than 32,000 people are directly employed in international financial services, in over 500 firms. Substantial indirect employment is also generated, and the...

Written Answers — Proposed Legislation: Proposed Legislation (19 Apr 2011)

Michael Noonan: Under a public works contract the contractual relationship is between the public body and the main contractor. A public body has no contractual ties with a subcontractor engaged by a main contractor. Any contractual relationship is exclusively a matter between the main contractor and its sub-contractor. In addition, I would point out that public procurement rules are governed by EU...

Written Answers — Tax Code: Tax Code (19 Apr 2011)

Michael Noonan: I am advised by the Revenue Commissioners that they have public offices in Sligo, Letterkenny, Monaghan and Dundalk that handle a range of queries including those relating to cross-border employments from Irish resident individuals. I am further advised that the majority of queries from Irish resident cross-border workers are relatively straightforward and are resolved without difficulty....

Written Answers — Local Authority Charges: Local Authority Charges (19 Apr 2011)

Michael Noonan: The Commissioner of Valuation is independent in the exercise of his duties under the Valuation Act 2001 and I, as Minister for Finance, have no function in decisions in this regard. However, I am informed by the Valuation Office that they received an application to have a pre-school facility exempted from rates on the grounds that it is exclusively used under the Early Childhood Care and...

Written Answers — Departmental Reports: Departmental Reports (19 Apr 2011)

Michael Noonan: I presume that the Deputy's question refers to the Report of the Review Group on State Assets and Liabilities. The Government intends to consider the Report this week and I expect that it will be published shortly thereafter.

Written Answers — Departmental Reports: Departmental Reports (19 Apr 2011)

Michael Noonan: I presume that the Deputy's question refers to the recommendations in the Report of the Review Group on State Assets and Liabilities. The Government intends to consider the Report this week and I expect that its recommendations, including those with respect to Coillte, will be made public shortly thereafter.

Written Answers — Tax Reliefs: Tax Reliefs (19 Apr 2011)

Michael Noonan: I propose to take Questions Nos. 73 and 96 together. There is a commitment in the Programme for Government to help homeowners in distress to weather the recession. The Government will examine a number of proposals, outlined in the Programme for Government, in relation to this commitment. One of these proposals relates to making amendments to mortgage interest relief for homeowners in...

Written Answers — Departmental Staff: Departmental Staff (19 Apr 2011)

Michael Noonan: In respect of my Department, no applications for transfer to the Department of Social Protection Offices in Donegal were received.

Written Answers — Tax Collection: Tax Collection (19 Apr 2011)

Michael Noonan: I have been advised by the Revenue Commissioners that a PAYE Balancing Statement P21 for the year 2010 has recently issued to the person concerned.