Results 16,241-16,260 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Departmental Correspondence: Departmental Correspondence (20 Jan 2011)

Brian Lenihan Jnr: I have noted the further comments included in the details supplied with the Deputy's question.

Written Answers — Tax Code: Tax Code (20 Jan 2011)

Brian Lenihan Jnr: As the Deputy is aware, I announced in Budget 2011 a major reform of the charge to Stamp Duty on residential property transactions, which applies to all instruments executed on or after 8 December 2010. These changes have simplified the system by lowering the rates applicable and abolishing a number of exemptions and reliefs. The changes in rates are as follows: Stamp Duty rates on...

Written Answers — Financial Services Regulation: Financial Services Regulation (20 Jan 2011)

Brian Lenihan Jnr: I am advised that this question involves a case where an individual made representations to the then Minister for Finance in regard to a dispute he was having with a regulated financial entity. The matter was referred to the then Financial Regulator who, I understand, referred the matter to the Financial Services Ombudsman. I further understand that the Financial Services Ombudsman made a...

Written Answers — Tax Code: Tax Code (20 Jan 2011)

Brian Lenihan Jnr: I have sought to adopt a pragmatic and balanced approach to this issue. The measures announced in the Budget were targeted solely at passive investors and would restrict the use of and carry forward of capital allowances and limit Section 23 relief to income from the individual Section 23 property. Since the Budget, my officials have been engaged in a consultation process with various...

Written Answers — Tax Collection: Tax Collection (20 Jan 2011)

Brian Lenihan Jnr: I have been informed by the Revenue Commissioners that the taxpayer, in this case, borrowed money to pay a Capital Gains Tax liability that arose from a disposal that was covered by a contract dated 24 March 2004. At the time the sale was due to close the purchaser withdrew from it and forfeited the deposits paid. Revenue received confirmation that the contract was rescinded on 24 March...

Written Answers — Tax Code: Tax Code (25 Jan 2011)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that, as the information furnished on tax returns does not generally require the yield from a particular sector or sub-sector of economic activity to be identified, the precise figures of net yield of tax revenues from the taxi industry cannot be readily identified. Information can, however, be provided on an estimated basis to indicate the...

Written Answers — Tax Code: Tax Code (25 Jan 2011)

Brian Lenihan Jnr: The section in the Finance Act 2010 that provides for application of the carbon tax to solid fuels (coal and commercial peat) is subject to a Ministerial Commencement Order. This approach was primarily adopted in order to allow time for a robust mechanism to be put in place to improve the control of high sulphur coal being sourced from Northern Ireland suppliers. The Department of...

Written Answers — Tax Code: Tax Code (25 Jan 2011)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that a PAYE Balancing Statement (P21) for the year 2009 will issue to the person concerned shortly.

Written Answers — Tax Code: Tax Code (25 Jan 2011)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that a PAYE Balancing Statement (P21) for the year 2009 will issue to the person concerned shortly.

Written Answers — Inter-departmental Communications: Inter-departmental Communications (25 Jan 2011)

Brian Lenihan Jnr: I did not make any external telephone calls on the night of 29 September and early morning of 30 September 2008 to seek advice in relation to the bank guarantee or other options for resolving the banking crisis. However, I did make telephone calls to the following people to advise them of the bank guarantee: Irish Ambassador to France Ms. Christine Lagarde, Minister for Finance, France...

Written Answers — Universal Social Charge: Universal Social Charge (25 Jan 2011)

Brian Lenihan Jnr: The Universal Social Charge (USC) is a tax which replaces the income and health levies. It is intended to broaden the tax base in an equitable manner. USC receipts will be collected under the income tax sub-head. The Budget 2011 projections for receipts from the USC are set out as follows. 2011 2012 2013 2014 Universal Social Charge (€ billions) €3.3 €4.1 €4.3 €4.5 In addition to...

Written Answers — Tax Yield: Tax Yield (25 Jan 2011)

Brian Lenihan Jnr: The reduction in public service pensions, as announced in Budget 2011, is estimated to yield savings in the region of €100 million in 2011, €106 million in 2012, €110 million in 2013 and €114 million in 2014.

Written Answers — Mortgage Interest Rates: Mortgage Interest Rates (25 Jan 2011)

Brian Lenihan Jnr: Mortgage interest rates are determined by a broad range of factors including European Central Bank base rates, deposit rates, market funding costs, the competitive environment and an institution's overall funding. A balance must be maintained by the Government between support provided for individual banks and financial service providers generally through the bank guarantee scheme, other...

Written Answers — Tax Code: Tax Code (25 Jan 2011)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that it contacted the taxpayer on the 21 January 2011 and advised him that no interest is due. The taxpayer in question is fully satisfied with the clarification.

Written Answers — Tax Code: Tax Code (25 Jan 2011)

Brian Lenihan Jnr: I am informed by the Revenue Commissioner that there are two types of home heating oil: marked gas oil (MGO) and kerosene. Both fuels are marked and dyed to distinguish them from auto-diesel, which is subject to tax at a higher rate. MGO is liable to Mineral Oil Tax (excise duty) at a rate of €88.66 per 1,000 litres, and kerosene at a rate of €38.02 per 1,000 litres. Since 1 May 2010,...

Written Answers — Tax Code: Tax Code (25 Jan 2011)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the transitional arrangements only apply to instruments dated after 8 December 2010 and before 1 July 2011 solely in pursuance to a binding contract dated prior to 8 December 2010. In this case, as both the contract and deed are dated prior to 8 December 2010 - the Deed of Transfer is dated 2 December 2010 and the Contract is dated 12 November...

Written Answers — State Bodies: State Bodies (25 Jan 2011)

Brian Lenihan Jnr: There are three bodies under the aegis of my Department which can be classed as semi-State bodies. Details of these bodies are as follows: Anglo Irish Bank since its nationalisation in January 2009 has been deemed a semi state body. On 31st March 2010 it published its 2009 Annual Report and Accounts for the fifteen month period to 31 December 2009 which showed a loss for the period of...

Written Answers — Public Sector Staff: Public Sector Staff (25 Jan 2011)

Brian Lenihan Jnr: The information requested by the Deputy is set out in Tables 1 to 7. Information in relation to Grades in the Civil Service is sourced from the Civil Service Staff information Portal (CSSIP) and is presented on a whole time equivalent (w.t.e.) basis for Quarter 4 2010. Information for industrial civil servants is presented for Quarter 3 of 2010. Information on the numbers of employees and...

Written Answers — Public Sector Staff: Public Sector Staff (25 Jan 2011)

Brian Lenihan Jnr: I propose to take Questions Nos. 189 and 190 together. I refer to my reply on 18 January to Question Nos. 175 to 178, inclusive.

Written Answers — Public Sector Staff: Public Sector Staff (25 Jan 2011)

Brian Lenihan Jnr: The overall level of staffing in my Department is determined within the context of the current moratorium on staffing levels with particular regard to the Employment Control Framework for the Department, which includes the ceilings for serving staff numbers for the four-year period 2011-2014. In relation to maternity and other forms of leave, the normal practice would, where appropriate, be...