Results 1,801-1,820 of 27,019 for speaker:Michael Noonan

Written Answers — Tax Code: Tax Code (18 May 2011)

Michael Noonan: There is a commitment in the Programme for Government to carry out a review of the Universal Social Charge (USC). As I have stated before in the house, I would encourage all interested parties to join the review of the USC by way of submission to my Department. My Department is currently accepting submissions from interested parties, however, if changes to the USC are being proposed I would...

Written Answers — University Debt: University Debt (18 May 2011)

Michael Noonan: Under the Universities Act, university borrowings must be in accordance with a framework agreed between the universities and the HEA, following consultation by the HEA with the Minister for Education & Skills and the Minister for Finance. There is therefore a Borrowing Framework in place for the university sector and as part of that Framework the universities are required to report annually...

Written Answers — Tax Code: Tax Code (18 May 2011)

Michael Noonan: I am informed by the Revenue Commissioners that the stamp duty regime applicable to residential property was reformed under Budget 2011. A new lower stamp duty rate of 1% was introduced for residential property transactions up to €1,000,000 with a higher rate of 2% applying to the excess over €1,000,000. The reform also involved the abolition of certain reliefs relating to residential...

Written Answers — Appointments to State Boards: Appointments to State Boards (18 May 2011)

Michael Noonan: The information requested by the Deputy in relation to appointments made to bodies under the aegis of my predecessor is contained in the following tables: 2008 Name of Body Name of appointee Date appointed /reappointed An Post National Lottery Mr Donal ConnellMr James HylandMs Barbara Patton all appointed 08 Nov 2008 Valuation Tribunal Mr Tony TaaffeMr James BrowneMs Fiona...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (18 May 2011)

Michael Noonan: The day-to-day regulation of banks and other financial service providers is primarily a matter for the Central Bank of Ireland (the Bank). The Bank has a range of enforcement tools available to it to ensure the regulation of the Financial Services industry up to and including the bringing of summary prosecutions. Other agencies such as An Garda Síochána, the Office of the Director of...

Written Answers — Pension Provisions: Pension Provisions (19 May 2011)

Michael Noonan: The details supplied with the Deputy's question concern various differences between the retirement benefits payable under Defined Benefit pension scheme arrangements in the private sector and the public sector. I cannot comment on the specific examples given in the details. I would point out, in the first instance, that the maximum benefits payable under an occupational pension scheme to an...

Written Answers — Pension Provisions: Pension Provisions (19 May 2011)

Michael Noonan: I assume the Deputy is referring to the temporary 0.6% stamp duty levy on pension scheme assets which I announced in this House last week as part of the Jobs Initiative. If the individual's private pension is paid from an occupational pension scheme by way of an annuity i.e. a stream of income purchased by the trustees of a pension scheme in the name of the individual from a life company at...

Written Answers — Tax Reliefs: Tax Reliefs (19 May 2011)

Michael Noonan: The following tables provide a breakdown of the estimated cost of tax and PRSI reliefs relating to private pension contributions for 2006, 2007 and 2008, the latest year for which the most up-to-date data is available together with estimates of the notional or imputed cost of the tax exemption for the investment income and gains of approved superannuation funds. Corresponding estimates of...

Written Answers — Tax Collection: Tax Collection (19 May 2011)

Michael Noonan: I have been advised by the Revenue Commissioners that the last return of income submitted was for the year 2005 and the last VAT return submitted was for the period November/December 2006. The person concerned should submit all outstanding returns in order for his tax affairs to be up to date. In this respect he may contact Ms Bernie Brophy, Kildare Revenue District, The Plaza, Tallaght,...

Written Answers — Tax Code: Tax Code (19 May 2011)

Michael Noonan: I have been advised by the Revenue Commissioners that the tax refund in question was reduced following a Revenue audit when deductions incorrectly claimed were identified and withdrawn. Statistics on other similar cases are not readily available. However, inevitably where Revenue detects incorrect claims for deductions, it will seek to recover the tax loss through collection or restriction...

Finance (No. 2) Bill 2011: Order for Second Stage (24 May 2011)

Michael Noonan: I move: "That Second Stage be taken now."

Finance (No. 2) Bill 2011: Second Stage (24 May 2011)

Michael Noonan: I move: "That the Bill be now read a Second Time." The purpose of the Finance (No. 2) Bill is to introduce the necessary changes to taxation legislation which give effect to measures I announced on 10 May as part of the jobs initiative. There is now a broad consensus that the economy will return to growth this year. The Department of Finance published revised economic forecasts the week...

Finance (No. 2) Bill 2011: Second Stage (24 May 2011)

Michael Noonan: The Government's top priority is to safeguard the security of savings. It would not wish to consider any step that would have a negative impact on such confidence. Other savings or investment products have not benefited from the generous tax reliefs that pension savings have historically been granted and continue to receive. Deposit accounts and savings products have already been subjected...

Finance (No. 2) Bill 2011: Second Stage (24 May 2011)

Michael Noonan: The Deputy has been too long in Fianna Fáil.

Finance (No. 2) Bill 2011: Second Stage (24 May 2011)

Michael Noonan: The Deputy has been dealing with tricky people his entire life.

Finance (No. 2) Bill 2011: Second Stage (24 May 2011)

Michael Noonan: Deputy Joe Higgins should make the great leap forward.

Written Answers — Public Service Recruitment: Public Service Recruitment (24 May 2011)

Michael Noonan: I am informed by the Public Appointments Service (PAS) that a competition for Temporary Clerical positions in the Public Service was announced by the PAS earlier this year. The purpose is to fill temporary vacancies arising in the Public Service as notified to the PAS over the coming year. Vacancies arising in the Department of Social Protection are among those being filled from this...

Written Answers — Freedom of Information: Freedom of Information (24 May 2011)

Michael Noonan: The Vocational Education Committees are not currently covered by the Freedom of Information Act. However the Programme for Government provides that the Government will legislate to restore the Freedom of Information Act to what it was before it was undermined by the outgoing Government, and that it will extend its remit to other public bodies including the administrative side of the Garda...

Written Answers — Tax Reliefs: Tax Reliefs (24 May 2011)

Michael Noonan: I am advised by the Revenue Commissioners that a Form DD1 (Application for tax relief in relation to vehicles purchased for use by people with disabilities) was received in the Central Repayments Office, Monaghan on 15th April 2011. A letter of authorisation confirming that the remission of VRT has been authorised was issued on 12th May, together with a request for the VIN details of the...

Written Answers — Ministerial Responsibilities: Ministerial Responsibilities (24 May 2011)

Michael Noonan: The Minister for Public Expenditure and Reform will be conferred with formal functions in relation to his Department under the Ministers and Secretaries (Amendment) Bill, 2011 which was published on 20 May 2011 and by way of transfer of functions Order timed to commence immediately after the enactment of the Bill. In the interim, the Minister for Public Expenditure and Reform is working...