Results 15,881-15,900 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Tax Collection: Tax Collection (15 Dec 2010)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that this is a complex case which is on-going and they will contact the person concerned shortly in relation to his tax affairs.

Written Answers — Proposed Legislation: Proposed Legislation (15 Dec 2010)

Brian Lenihan Jnr: It is intended that the necessary changes to tax legislation arising from the Civil Partnership and Certain Rights and Obligations of Cohabitants Act 2010 will be included in the forthcoming Finance Bill. The provisions will provide for the same tax treatment for registered civil partners as for married couples and will have effect for the year of assessment 2011. It should be noted that...

Written Answers — Tax Reliefs: Tax Reliefs (15 Dec 2010)

Brian Lenihan Jnr: Tax relief for Energy Efficiency Measures (REEM) was announced in the Budget and will be introduced in the forthcoming Finance Bill. It is intended that the relief will encourage individuals to invest in making their homes more energy efficient. The incentive will complement the grant aid that is available through various schemes currently operated by the Sustainable Energy Authority of...

Written Answers — Tax Code: Tax Code (15 Dec 2010)

Brian Lenihan Jnr: It is intended that the forthcoming Finance Bill will provide for the same tax treatment for registered civil partners as for married couples and will have effect for the year of assessment 2011. These changes are as a result of the passing of the Civil Partnership and Certain Rights and Obligations of Cohabitants Act 2010.

Written Answers — Tax Code: Tax Code (15 Dec 2010)

Brian Lenihan Jnr: Budget 2011 provides for a major reform of the charge to Stamp Duty on transactions of residential property. The change involves a simplification of the system by lowering the rates of Stamp Duty and abolishing a number of exemptions and reliefs. The new Stamp Duty rates – 1% where the consideration does not exceed €1 million and 2% on the excess of the consideration over €1 million...

Written Answers — Tax Code: Tax Code (15 Dec 2010)

Brian Lenihan Jnr: It is assumed that the Deputy is referring to a couple aged over 66 but younger than 80 and that one of the individuals is in receipt of an occupational pension of approximately €5,200 per annum and in receipt of a contributory State pension of €22,703 which includes an increase for a qualified adult. On that basis, the indicative calculations for Income Tax, PRSI, Income Levy, Health...

Written Answers — Environmental Funds: Environmental Funds (16 Dec 2010)

Brian Lenihan Jnr: There was no condition under the Covered Institutions (Financial Support) Scheme or the Eligible Liabilities Guarantee Scheme requiring the banks covered under State guarantees in relation to environmental funds. As part of the agreement on the 2009 recapitalisation of Bank of Ireland and AIB, both banks committed to establish a €100 million fund to support environment friendly investment...

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

Brian Lenihan Jnr: It is not clear if the Deputy has in mind a particular type of capital allowances or all capital allowances in general. I am informed by the Revenue Commissioners that the latest available data in relation to capital allowances claimed by companies is for the tax year 2008. Corporation tax returns for 2008 show total capital allowance claims of approximately €118 million by some 1,589...

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

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the number of tax registrations for sole traders, trusts and partnerships for Waterford City and County in past 5 years and to date in 2010 are given in the table below: Total to Date 2005 2006 2007 2008 2009 2010 to date Sole Traders (Male) 5098 1067 1042 1094 822 598 475 Sole Traders (Female) 2225 430 467 427 369 319 213 Total 7323 1497...

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

Brian Lenihan Jnr: Unfortunately, it was not possible to collate the information required for this answer in the time allowed. I will provide the Deputy with the answer in writing shortly.

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

Brian Lenihan Jnr: The issue raised is the payment from public service pension schemes of transfer amounts to beneficiaries of Pension Adjustment Orders (PAOs) granted under the Family Law Acts. The Family Law Acts are the responsibility of the Minister for Justice and Law Reform and any regulations made under those Acts are the responsibility of the Minister for Social Protection. The Acts provide that, in...

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

Brian Lenihan Jnr: The Stamp Duty reforms announced in the Budget have two aims: stimulation of the property market and commencing the necessary infrastructure for the commitment in the National Recovery Plan to introduce a Site Value Tax. As a result of the changes, Stamp Duty at a rate of 1% where the property value is under €1m and 2% on the excess above €1m, will now be payable on all residential...

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

Brian Lenihan Jnr: The position is that having an entitlement to a medical card will not exempt an individual from the Universal Social Charge (USC). However, it should be noted that payments from the Department of Social Protection such as job seeker's benefit, job seeker's allowance and the contributory and non-contributory State pension will be exempt from the USC. Therefore, the Universal Social Charge...

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

Brian Lenihan Jnr: Section 195 of the Taxes Consolidation Act 1997 provides an exemption from tax for the profits or gains arising to a person from the publication, production or sale of an original and creative work which has artistic or cultural merit in any of the five categories set out in the legislation, namely, a book or other writing; a play; a musical composition; a painting or other like picture; or a...

Written Answers — Ministerial Appointments: Ministerial Appointments (16 Dec 2010)

Brian Lenihan Jnr: In the period in question the following government appointments were made to bodies under the aegis of my Department: Name of Body Name of Appointee Date appointed The Commission of investigation into the Banking Sector Mr Peter Nyberg 08th July 2010 Conciliation and Arbitration Board for the Civil Service Mr Turlough O'DonnellMr Tom WallMr Gerard BarryMr Kieran McGovern (Adjudicator)...

Written Answers — Semi-State Bodies: Semi-State Bodies (16 Dec 2010)

Brian Lenihan Jnr: The information sought by the Deputy is set out in the table. Year ESB Bord na Móna Bord Gáis Coillte Eirgrid 2000 - - €14m - - 2001 - - €50.6m - - 2002 €19m - €21.7m - - 2003 €18.7m - €9.8m - - 2004 €63.8m - €9.7m - - 2005 €73.5m - €10.1m - - 2006 €68.8m €3.9m €9.1m - - 2007 €63m €8m €8.4m - - 2008 €123m €12m €27.9m €2.6m - 2009 €78m...

Written Answers — Financial Support Programme: Financial Support Programme (16 Dec 2010)

Brian Lenihan Jnr: The Government agreed on 28 November 2010 to the provision of a €85 billion financial support programme for Ireland in the context of a joint EU-IMF Programme. The State's contribution to the programme will be €17.5 billion while the external support will amount to €67.5 billion. The external assistance being provided is as follows: - €22.5 billion from the European Financial...

Written Answers — Budget Statement: Budget Statement (16 Dec 2010)

Brian Lenihan Jnr: The Budget process is the key mechanism through which Government fiscal policy is determined and presented each year. Generally, therefore, the annual Budget booklet is a necessarily long and very detailed publication. In order to provide Deputies and others with the key information with regard to the main budgetary aggregates and the taxation and expenditure policy measures being...

Written Answers — Public Interest Directors: Public Interest Directors (16 Dec 2010)

Brian Lenihan Jnr: The Deputy will be aware that public interest directors though nominated by me have been appointed by the boards of the various covered institutions. Details of individual public interest directors including remuneration are published in the annual reports. The general rule is that directors, including non executive directors, owe their duties to the company. The interests of the company...

Written Answers — Flood Relief: Flood Relief (16 Dec 2010)

Brian Lenihan Jnr: My Department made an application to the EU Commission for funding under the EU Solidarity Fund. A regional application was made as the estimate of the extent of the damage does not meet the Solidarity Fund's threshold of 0.6% of GNI or 935.5m euro for a national disaster. 111.5m euro of the 276.9m euro costs to the State were eligible for assistance under the EU Solidarity Fund criteria...