Results 16,441-16,460 of 27,019 for speaker:Michael Noonan

Order of Business (16 Jul 2014)

Michael Noonan: I will have to get back to the Deputy on both questions.

Order of Business (16 Jul 2014)

Michael Noonan: The Competition and Consumer Protection Bill is going through the other House and we are expecting amendments back from the Seanad tomorrow.

Order of Business (16 Jul 2014)

Michael Noonan: The Housing (Miscellaneous Provisions) Bill is currently going through the Seanad. In addition, the new Minister for the Environment, Community and Local Government will be outlining his housing policy by way of a statement.

Order of Business (16 Jul 2014)

Michael Noonan: The decision at Cabinet will be partly covered by the Bill that is proceeding through the Seanad.

Order of Business (16 Jul 2014)

Michael Noonan: The first Bill has passed Second Stage in the House and is due for Committee Stage. The second Bill will be published next session.

Order of Business (16 Jul 2014)

Michael Noonan: The heads of the first Bill have been cleared and are being drafted by the Office of the Attorney General. The second Bill is expected to be introduced next session.

Order of Business (16 Jul 2014)

Michael Noonan: It is too early to say that the personal insolvency legislation is not working. It is certainly effective in terms of the number of people who are now applying for bankruptcy. In regard to restructuring loans, it does not yet seem to be dealing with a large quantum of impaired loans but we are in the early days of its operation. I suggest that in the first instance the appropriate...

Order of Business (16 Jul 2014)

Michael Noonan: I understand that certain local authorities have already decided to vary the property tax in the current year provided, for logistical reasons, the Revenue Commissioners are notified by the local authority of the new rate. Revenue has made local authorities aware of this.

Written Answers — Department of Finance: Property Taxation Application (16 Jul 2014)

Michael Noonan: Liability to the various taxes are determined by the Revenue Commissioners based on the full facts in each case. I previously dealt with this issue in Question 27555-14 and the reply was based on the clear understanding (from the details supplied with the Deputies Question and from previous direct contact by the property owner with LPT Branch) that she inherited one-eight share of the...

Written Answers — Department of Finance: VAT Exemptions (16 Jul 2014)

Michael Noonan: I am informed by the Revenue Commissioners that the service provided by Personal Insolvency Practitioners does not qualify for exemption in accordance with the EU VAT Directive, Irish VAT law, and relevant decisions of the European Court of Justice.  Therefore, like other insolvency services such as those provided by liquidators, receivers and examiners, the service provided by a...

Written Answers — Department of Finance: IBRC Liquidation (16 Jul 2014)

Michael Noonan: I propose to take Questions Nos. 53 and 54 together. Following the termination of IBRC's market report of the 5.4% Irish 2025 bond in the context of the special liquidation of IBRC, this particular bond was acquired by the Central Bank of Ireland.  The purchase was carried out on the secondary market between the Central Bank and Bank of Ireland. The Bank has indicated that it intends to...

Written Answers — Department of Finance: Tax Data (16 Jul 2014)

Michael Noonan: I am informed by the Revenue Commissioners that the number of registered contractors on the rates of deduction that are provided for in the  electronic Relevant Contracts Tax (eRCT) regime for the years in question are set out in the following table. They represent details of all contractors who received a payment under the eRCT system during these years. Year \Rate 0% 20% 35% Total...

Written Answers — Department of Finance: Property Taxation Deferrals (16 Jul 2014)

Michael Noonan: In considering how to provide for a deferral regime for those who were unable to make their Local Property Tax (LPT) payments, including those with substantial mortgage repayments, I was mindful of the recommendations contained in the report of the Thornhill Group. In their report, the Thornhill Group recommended that where taxpayers are entitled to, and have elected for, deferral of LPT,...

Written Answers — Department of Finance: Tax Reliefs Application (16 Jul 2014)

Michael Noonan: I am advised by the Revenue Commissioners that the relevant legislation governing the Drivers & Passengers with Disabilities Scheme is contained in Section 92 of the Finance Act 1989 (as amended), Section 134(3) of the Finance Act 1992 (as amended) and Statutory Instrument No. 353 of 1994 (Disabled Drivers and Disabled Passengers (Tax Concessions) Regulations, 1994). The number of...

Written Answers — Department of Finance: Tax Settlements (16 Jul 2014)

Michael Noonan: I am advised by the Revenue Commissioners that the case in question is a disputed matter that is currently before an external appellate body.  Consequently, it would not be appropriate for me to make any comment on the matter.

Written Answers — Department of Finance: Credit Unions Services (16 Jul 2014)

Michael Noonan: I propose to take Questions Nos. 59 to 62, inclusive, together. The Strategy for Financial Inclusion was presented to Government in December 2011. It called for the nationwide launch of a Basic Payment Account as a first step in promoting Financial Inclusion. A pilot project for a Basic Bank Account was run as one of the tasks required under the strategy. The pilot objectives were to...

Written Answers — Department of Finance: IBRC Loans (16 Jul 2014)

Michael Noonan: I propose to take Questions Nos. 63 to 66, inclusive, together. I am advised by the Special Liquidators that a mixture of performing and non-performing commercial loans  have been sold and they are in the process of devising and implementing a further sales process in respect of the unsold assets. I am advised that the information requested in relation to the value and number of loans...

Written Answers — Department of Finance: VAT Rate Application (16 Jul 2014)

Michael Noonan: I am informed by the Revenue Commissioners that under Irish and EU VAT law the place of supply for VAT on services connected to buildings is the Member State in which the building is located. Therefore, the rate of VAT applicable to traders from outside the State that trade in the supply, installation and monitoring of emergency alarm systems, is the same as the VAT rate for domestic...

Written Answers — Department of Finance: Living City Initiative (16 Jul 2014)

Michael Noonan: Officials from my Department have held preliminary discussions with the relevant local authorities to identify the areas of the six cities, Cork, Dublin, Galway, Kilkenny, Limerick and Waterford, which might fall within the scope of the scheme. Each of the local authorities have now submitted proposals on the areas which they believe should be...

Written Answers — Department of Finance: Commencement of Legislation (16 Jul 2014)

Michael Noonan: The following are the details of legislative provisions passed by the Oireachtas since 2011 but which are not yet formally commenced which I, as Minister for Finance, have lead responsibility: Finance Act 2011 - Provision Purpose S. 49(1)         & #xa0;         &...