Results 15,401-15,420 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Financial Services Regulation: Financial Services Regulation (11 Nov 2010)

Brian Lenihan Jnr: Based on information at 30 June 2010, the total assets of the credit union sector in Ireland is €14.5 billion. The Deputy is aware credit unions are independent financial institutions with full responsibility and control over their own funds. It is open to credit unions to invest surplus funds as they see fit provided that such loans or investments are made in accordance with the...

Written Answers — Tax Code: Tax Code (11 Nov 2010)

Brian Lenihan Jnr: In my 2010 Budget Statement I said that I accepted the Commission on Taxation's recommendation that retirement lump sums below €200,000 should not be taxed. I further indicated that the tax treatment of retirement lump sums above €200,000 would be considered in the Government's National Pensions Framework. This position is reflected on page 41 of the Framework document published in March...

Written Answers — Departmental Expenditure: Departmental Expenditure (11 Nov 2010)

Brian Lenihan Jnr: My Department abides by the relevant legislation and Government policies regarding prompt payment for goods and services supplied by private sector organisations. Supplies that are in order and that have been invoiced in accordance with agreed arrangements are paid on average with a delay of only 8 days, which is comfortably within the Government policy objective of payment within 15 days and...

Written Answers — Consultancy Contracts: Consultancy Contracts (11 Nov 2010)

Brian Lenihan Jnr: In the period in question there were eighteen external reports or reviews commissioned by my Department.Details of the reports and reviews are contained in the following tables: Year 2008 Title of external report or review commissioned Cost Review of the National Pensions Reserve Fund (NPRF) Nil Value for Money and Policy Review of the Construction Procurement Reform Initiative. €4,114...

Written Answers — Departmental Expenditure: Departmental Expenditure (11 Nov 2010)

Brian Lenihan Jnr: The total capital budget allocated to my Department for 2010 together with spend to date is set out in the following tabular format: Programme Allocation Spend to date Centre for Management and Organisation Development - Government Networks Infrastructure, Cloud Computing Infrastructure Research and e-Government Infrastructure. 650,000 74,000 Peace Programme/Northern Ireland INTERREG -...

Written Answers — Consultancy Contracts: Consultancy Contracts (11 Nov 2010)

Brian Lenihan Jnr: The following table sets out the total spend by my Department on public relations and advertising in the years 2008, 2009 and to date in 2010. Year Total Spend 2008 â'¬140,567 2009 â'¬76,776 2010 â'¬40,290

Written Answers — Tax Collection: Tax Collection (11 Nov 2010)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that according to their records the person concerned ceased employment on 23rd July 2010. In order to claim an unemployment repayment the person concerned should complete a form P50 i.e. First Claim for Tax Repayment during unemployment, which is available on the Revenue website www.revenue.ie . When completed this document together with his...

Written Answers — Customs and Excise Service: Customs and Excise Service (16 Nov 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that decisions on whether or not to search aircraft are taken following profiling and review of intelligence. In 2009, 61 searches of aircraft were carried out at Weston, while to date in 2010, 33 searches of aircraft have taken place there. No seizures were made and no drugs were detected in either 2009 or 2010. In relation to Baldonnel Aerodrome,...

Written Answers — Cabinet Committees: Cabinet Committees (16 Nov 2010)

Brian Lenihan Jnr: The Committee has met on three occasions to date. Membership of the Committee Minister for Finance (Chair) Mr B Lenihan, TD Minister for Transport Mr N Dempsey, TD Minister for Justice & Law Reform Mr D Ahern, TD Minister for Foreign Affairs Mr M Martin, TD Minister for the Environment, Heritage & Local Government Mr J Gormley, TD Minister for Communications & Natural...

Written Answers — Pension Provisions: Pension Provisions (16 Nov 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 124 and 125 together. My Department is aware of the report by Trident Consulting entitled "Future Pension Provision" which was commissioned by the three teachers unions, ASTI, INTO and the TUI. In addition, my Department is aware of the views of these unions concerning the Government's planned introduction of a single pension scheme for all new-entrant...

Written Answers — Tax Collection: Tax Collection (16 Nov 2010)

Brian Lenihan Jnr: I have been informed by the Revenue Commissioners that loss relief was refused in this case under Section 662 (2)(b) of the Taxes Consolidation Act 1997 --- " any loss---incurred in any year of assessment in a trade of farming or market gardening shall not be available for relief under section 381 if in each of the prior 3 years a loss was incurred in carrying on that trade." For the years...

Written Answers — Horse and Greyhound Racing Fund: Horse and Greyhound Racing Fund (16 Nov 2010)

Brian Lenihan Jnr: The funding of the Horse and Greyhound Racing fund is a matter for my colleague Minister Smith who has responsibility for the disbursement of the fund. In relation to the taxation of betting, I have stated previously that it is my intention to widen, if possible, the tax base on which betting duty would be applied. We have a situation where bets placed through one platform, namely betting...

Written Answers — Tax Code: Tax Code (16 Nov 2010)

Brian Lenihan Jnr: It is assumed that the threshold for the proposed new tax bands mentioned by the Deputy would not alter the existing standard rate band structure applying to single and widowed persons, to lone parents and married couples. I am informed by the Revenue Commissioners that the full year cost to the Exchequer, estimated by reference to 2011 incomes, of reducing the higher rate of tax by 1% point...

Written Answers — Tax Yield: Tax Yield (16 Nov 2010)

Brian Lenihan Jnr: I have no information on the amount of money that is held privately in households, nor have I information on the amount of interest that is lost to such persons because they choose not to open deposit accounts for this cash. In the absence of this information, it is not possible to estimate how much Deposit Interest Retention Tax or other taxes may have been lost to the Exchequer.

Written Answers — Tax Reliefs: Tax Reliefs (16 Nov 2010)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that PAYE Balancing Statements P21 for the year 2009 issued to the person concerned on 4 August 2010 and 10 August 2010. A further claim was received from the person concerned on 1 October 2010 in respect of interest paid. Tax relief at source was granted by the financial institution in relation to this interest so no additional tax relief is...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (16 Nov 2010)

Brian Lenihan Jnr: Historically, repossessions in Ireland have been low and this continues to be the case. Recent statistics from the Central Bank show that all financial institutions operating in Ireland hold a relatively small number of repossessed houses. The Deputy will appreciate that disposal of repossessed houses is a commercial decision for the institution concerned.

Written Answers — Public Service Contracts: Public Service Contracts (16 Nov 2010)

Brian Lenihan Jnr: I have no proposals of the kind referred to by the Deputy. However the Government is supporting a Bill concerning payments to sub-contractors in the Construction Sector, which is currently before the Seanad.

Written Answers — Industrial Relations: Industrial Relations (16 Nov 2010)

Brian Lenihan Jnr: Voluntary exit packages for implementation in the public service are determined having regard to a number of factors, in particular the business needs of the organisation and the financing available. The Government has however indicated that any party that chooses to remain outside the provisions of the Agreement or that opposes its implementation cannot expect to benefit from the principal...

Written Answers — Fiscal Policy: Fiscal Policy (16 Nov 2010)

Brian Lenihan Jnr: In Budget 2010, I announced the Government's intention to launch a National Solidarity Bond, the purpose of which is to allow citizens an opportunity to invest and provide money to the State to stimulate economic recovery and to assist in the maintenance and creation of employment. The necessary legislative basis was provided in this year's Finance Act and the Bond was launched on Tuesday 4...

Written Answers — Departmental Staff: Departmental Staff (16 Nov 2010)

Brian Lenihan Jnr: There are currently no plans to introduce a revised incentivised early retirement scheme for the civil service.