Results 16,201-16,220 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: IBRC Bond Issues (3 Jul 2014)

Michael Noonan: I have been advised by the Central Bank that subsequent to the liquidation of IBRC, the Bank acquired €25bn of Floating Rate Notes (FRNs) and €3.46bn of Government Fixed Coupon 2025 bonds.  The Central Bank's Annual Report for 2013 indicates that it intends to sell the combined portfolio of the FRNs and the fixed rate bond as soon as possible, provided conditions of...

Written Answers — Department of Finance: Tax Yield (3 Jul 2014)

Michael Noonan: I am informed by the Revenue Commissioners that the total tax raised on cigarettes for the period to end June 2014 is €465m, inclusive of VAT (receipts for 2014 are provisional and may be subject to revision) Please note that the VAT receipts are estimated, as the VAT returns do not require the yield from a particular sector or sub-sector of trade to be identified and the actual VAT...

Written Answers — Department of Finance: IBRC Bond Issues (3 Jul 2014)

Michael Noonan: I propose to take Questions Nos. 63 and 64 together. I have been advised by the Central Bank that subsequent to the liquidation of IBRC, the Bank acquired €25bn of Floating Rate Notes (FRNs) and €3.46bn of Government Fixed Coupon 2025 bonds.  The Central Bank's Annual Report for 2013 indicates that it intends to sell the combined portfolio of the FRNs and the fixed rate...

Written Answers — Department of Finance: VAT Rate Application (3 Jul 2014)

Michael Noonan: Certain persons engaged in water rescue can apply for a VAT refund on the purchase of vessels and ancillary related equipment for the purposes of search and rescue at sea, inshore or on inland waterways. A similar provision is not available for persons providing mountain rescue services. VAT law is governed by the EU VAT Directive, with which Irish VAT law must comply.  The EU VAT...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (8 Jul 2014)

Michael Noonan: The Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provides relief from VAT and Vehicle Registration Tax (up to certain limits) on the purchase of an adapted car for transport of a person with specific severe and permanent physical disabilities, and exemption from motor tax in respect of that vehicle, and relief from excise duty on fuel (up to a certain limit). To qualify...

Written Answers — Department of Finance: Tobacco Seizures (8 Jul 2014)

Michael Noonan: I am advised by the Revenue Commissioners that, in the period from 1 July 2013 to 30 June 2014, some 70.6 million cigarettes and 9,931 kilograms of tobacco were seized. There were 5,902 seizures of cigarettes, and 959 of tobacco, in that period, reflecting Revenue's extensive programme of action against all stages of the supply chain for illicit tobacco products. Major seizures included: ...

Written Answers — Department of Finance: Property Taxation Exemptions (8 Jul 2014)

Michael Noonan: I am advised by the Revenue Commissioners that while there is no specific exemption from Local Property Tax (LPT) for a household where high level care is provided, a residential property occupied by an individual who is disabled may qualify for a reduction in the market value of the property for LPT purposes.  Additionally, where a residential property is occupied by an individual who...

Written Answers — Department of Finance: Sporting Events (8 Jul 2014)

Michael Noonan: The FAI with the support of my colleague the Minister for Transport, Tourism and Sport, Dublin City Council and other stakeholders have submitted a bid to UEFA to host part of the Euro 2020 Championship in Dublin. I understand that bids are currently being assessed by UEFA and that a decision is unlikely to be announced prior to September 2014. It would be inappropriate for me to comment...

Written Answers — Department of Finance: Tax Credits (8 Jul 2014)

Michael Noonan: As the Deputy is aware, the Home Renovation Incentive (HRI) came into operation on 25 October 2013 and will run until 31 December 2015.  The incentive provides tax relief for homeowners by way of a tax credit at 13.5% of qualifying expenditure incurred on repair, renovation or improvement work carried out on a principal private residence. Qualifying expenditure is expenditure...

Written Answers — Department of Finance: Tax Credits (8 Jul 2014)

Michael Noonan: When I introduced the Home Renovation Incentive in the Budget I had two main aims: 1. to boost activity in the legitimate construction sector 2. to give a tax credit to homeowners for home renovation and similar work on their main private residence. The incentive was specifically designed in a way to facilitate the compliant construction sector, particularly at the lower end of the business...

Written Answers — Department of Finance: Freedom of Information Data (8 Jul 2014)

Michael Noonan: The attached table sets out the total number of FOI requests received, total granted, part granted and appealed and information about appeals made under the FOI Acts made in the Department for the period from 2009 to June 2014. One appeal in 2014 is yet to be finalised. In some cases FOI requests are withdrawn, handled outside FOI or transferred to another public body and...

Written Answers — Department of Finance: Departmental Staff Career Breaks (8 Jul 2014)

Michael Noonan: The career break scheme provides flexibility to staff and employers alike by allowing staff to apply to take a period of special leave without pay. The decision to grant or refuse a career break is based on the organisational needs of Departments. A civil servant can apply to take up to a maximum of 3 career breaks which, when aggregated, do not exceed the limit to career breaks which is 12...

Written Answers — Department of Finance: Departmental Expenditure (8 Jul 2014)

Michael Noonan: In response to the Deputy's Question details of the occasions on which photographers were used since I  became Minister  for Finance are contained in the following table: Use of Photographer Company used Details Cost € Maxwell Photography Ltd Photograph of the late Brian Lenihan required for Minister's Conference room-  Engaged on 30th March 2011   ...

Written Answers — Department of Finance: Public Relations Contracts Data (8 Jul 2014)

Michael Noonan: In response to the Deputy's question since I came to Office my Department has not made use of any external public relations firms.

Written Answers — Department of Finance: Consultancy Contracts Expenditure (8 Jul 2014)

Michael Noonan: I propose to take Questions Nos. 168 and 169 together. A large portion of my Department's expenditure on external IT service providers relates to the ongoing support, maintenance and occasional enhancement of the systems acquired for the provision of shared payroll, pension, banking and financial management services. This expenditure is non-discretionary and the associated contract costs...

Written Answers — Department of Finance: Appointments to State Boards (8 Jul 2014)

Michael Noonan: The Information requested by the Deputy is contained in the following table: Name of Body Number of appointments / re-appointments made since March 2011 Number of vacancies that have arisen  since  march 2011 Comment Board of the National Development Finance Agency 4 There are currently 3 vacancies on the Board 3 vacancies were advertised. Two members were appointed on the...

Written Answers — Department of Finance: Mortgage Protection Policies (8 Jul 2014)

Michael Noonan: I am advised by the Central Bank that section 126 of the Consumer Credit Act 1995 (as amended) relates to the requirements on lenders and borrowers in relation to mortgage protection insurance.  Section 126(2) of the act sets out the circumstances in which a lender may waive the requirement for a borrower to hold mortgage protection insurance. Section 126 Provides: (1) Subject to the...

Written Answers — Department of Finance: Financial Services Regulation (8 Jul 2014)

Michael Noonan: I propose to take Questions Nos. 172 to 174, inclusive, together. Neither I nor the Central Bank have the primary role in relation to the matter raised by the Deputy. I would expect that parents have in place arrangements for the use of credit cards and Visa debit cards held in their name. I would also expect that these arrangements are reviewed from time to time, the...

Written Answers — Department of Finance: Tax Reliefs Application (8 Jul 2014)

Michael Noonan: I am advised by the Revenue Commissioners that correspondence was received from the taxpayer in January 2014, claiming relief for Medical Expenses in respect of 2013. The taxpayer was contacted to provide additional information necessary to process the claim. The additional information was provided by the taxpayer in February 2014. As is normal, the processing of the taxpayer's claim...

Written Answers — Department of Finance: Legislative Process (8 Jul 2014)

Michael Noonan: In response to the Deputy's question, the Department of Finance undertakes Regulatory Impact Analyses (RIA) in accordance with the latest guidelines as published by the Department of the Taoiseach. A RIA is carried out where it is deemed necessary to do so in respect of a policy or programme that is being developed. There are cases where a RIA is not required. For example, a RIA is not...