Results 18,861-18,880 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Tax Rebates (25 Feb 2015)

Michael Noonan: I am advised by the Revenue Commissioners that Finance Act 2014 inserted a new section 266A into the Taxes Consolidation Act (TCA) 1997.  That section provides for a repayment of Deposit Interest Retention Tax (DIRT) on certain savings held by a qualifying first time purchaser prior to the purchase of a home, where that purchase is made between 14 October 2014 and 31 December 2017. A...

Written Answers — Department of Finance: Revenue Commissioners Investigations (25 Feb 2015)

Michael Noonan: My officials are in close contact with their counterparts in Revenue on this and all other relevant taxation issues and on that basis it is not necessary for me to request a report of the nature described by the Deputy. My replies to his other questions on this issue have set out in detail the Revenue actions taken. He will be aware that it is a longstanding convention that the Minister...

Written Answers — Department of Finance: Revenue Commissioners Investigations (25 Feb 2015)

Michael Noonan: I propose to take Questions Nos. 79 to 81, inclusive, together. I am advised by the Revenue Commissioners that, in March 2010, they became aware of newspaper reports that the French authorities had come into possession of information in relation to bank accounts held with HSBC Bank, Geneva. Revenue wrote to the French authorities enquiring as to whether the data obtained by them contained...

Written Answers — Department of Finance: Tax Agreements (25 Feb 2015)

Michael Noonan: In other written answers to questions from the Deputy today I have outlined the Revenue Commissioners response to the HSBC revelations. As outlined in Ireland's Road Map for Tax Competitiveness, published with Budget 2015, Ireland is maintaining its commitment to ensuring an open and transparent tax regime. One of the key ways we are doing this is through our commitment to the...

Written Answers — Department of Finance: Public Sector Management Remuneration (25 Feb 2015)

Michael Noonan: The Revenue Commissioners have provided me with the following information in response to the Deputy's question: Table 1: Revenue Commissioners - Staff Earnings 2013 to 2015  2013 Salary Plan € 100 - 150 150 - 200 > 200 Secretary General 0 3 0 Assistant Secretary 15 0 0 Principal 45 0 0 Total 60 3 0 2014 - - ...

Written Answers — Department of Finance: Mortgage Interest Rates (25 Feb 2015)

Michael Noonan: As the Deputy is aware, neither the Central Bank nor I have any responsibility for any variation in the variable mortgage interest rate charged by regulated financial institutions.  The lending institutions in Ireland - including those in which the State has a significant shareholding - are independent commercial entities. I have no statutory role in relation to regulated...

Written Answers — Department of Finance: Tax Reliefs Availability (26 Feb 2015)

Michael Noonan: I am advised by the Revenue Commissioners that the Planning and Development Act, 2000 enables a planning authority, when granting a planning permission, to include conditions requiring the payment of a contribution in respect of - public infrastructure, and - facilities benefiting development in the area of the planning authority. There is no specific tax relief provided in respect of...

Written Answers — Department of Finance: Liquor Licensing Laws (26 Feb 2015)

Michael Noonan: The Licensing Acts 1833 to 2010, together with the Finance (1909-10) Act 1910, provide the regulatory framework for liquor licences, including the licences relevant to the brewing and sale of beer. A beer manufacturer's licence is required for the production and wholesale supply of beer. A person who is engaging solely in the wholesale supply of beer is required to hold a 'wholesale...

Written Answers — Department of Finance: Tax Collection (26 Feb 2015)

Michael Noonan: I have been advised by the Revenue Commissioners that they do not have an application for a VAT registration from the persons concerned. Revenue has made contact with the persons concerned and advised them how to proceed with such an application.

Written Answers — Department of Finance: Tax Compliance (26 Feb 2015)

Michael Noonan: It is assumed that the Deputy is referring to the National Contractors Project being run by the Revenue Commissioners. A comprehensive reply on the National Contractors' Project was provided to the Deputy to Question No. 38 of 11 June 2014 and updated statistics were provided to the Deputy to Question Nos. 313 and 128 of 2014 of 17 September and 18 December 2014...

Written Answers — Department of Finance: Parliamentary Questions (26 Feb 2015)

Michael Noonan: I am advised that the responses to these questions are currently being collated by my officials and that a detailed response will be issued to the Deputy directly later this week.

Written Answers — Department of Finance: Tax Credits (26 Feb 2015)

Michael Noonan: I am informed by the Revenue Commissioners that the projected cost of mortgage interest relief and rent relief in 2015 is approximately €275m and €50m respectively. It should be noted that both of these credits are no longer available for new claimants. Mortgage interest relief is not available for homes purchased on or after 1 January 2013 and rent relief has not been available...

Written Answers — Department of Finance: Tax Data (26 Feb 2015)

Michael Noonan: I am advised by the Revenue Commissioners that a wide range of statistical information is now available on the Revenue Commissioners' new, enhanced, statistics webpage at . In particular in response to the Deputy's Question, at detailed information is presented on the breakdowns of gross Income Tax and Universal Social Charge (USC) paid by income range. This information can be found...

Written Answers — Department of Finance: Mortgage Arrears Proposals (26 Feb 2015)

Michael Noonan: I have been informed by Permanent TSB that its Non-Core business is comprised mainly of a loan book of performing and non-performing Commercial Real Estate loans and the business of Capital Home Loans (CHL) in the UK which will be sold or wound down over time.   Permanent TSB has separately advised me that it is not currently in a sales process in respect of the sale of 5,000...

Written Answers — Department of Finance: Mortgage Arrears Proposals (26 Feb 2015)

Michael Noonan: I have been informed that AIB/EBS have no plans at this time to sell performing or non-performing mortgage loan portfolios.

Written Answers — Department of Finance: IBRC Liquidation (26 Feb 2015)

Michael Noonan: I have been advised by the Special Liquidators of IBRC that a mediation meeting with the former directors of Irish Nationwide Building Society took place, however, given that mediation is a totally confidential process, the Special Liquidators are unable to comment further on this matter.

Written Answers — Department of Finance: Revenue Commissioners Investigations (26 Feb 2015)

Michael Noonan: I am advised by the Revenue Commissioners that they have been engaged since 2014 in an on-going compliance program that involves visits to pension providers, pension administrators and pension trustees in relation to the transfer of pension funds off-shore. The objective of the compliance program is to ensure that the purpose of any transfer of pension funds off shore is for bona fide reasons...

Written Answers — Department of Finance: Employment Data (26 Feb 2015)

Michael Noonan: I am advised by the Revenue Commissioners that the estimated number of income earners who are self-employed or proprietary directors and are not in receipt of the PAYE tax credit is 220,000 and 83,200 respectively. The number given for the self-employed relates to income earners whose main source of income is from non-PAYE sources. All figures above are estimates for 2015, using the...

Written Answers — Department of Finance: Pensions Levy (26 Feb 2015)

Michael Noonan: The pension fund levy was introduced in 2011 to fund the Jobs Initiative, which has been very successful in both helping to create and to maintain employment in this economy. The levy has applied at a rate of 0.6% for the years 2011 to 2013, at an aggregate rate of 0.75% for 2014 and will apply at a reduced rate of 0.15% for this year. In accordance with the provisions in section 125B of the...

Written Answers — Department of Finance: Departmental Strategies (26 Feb 2015)

Michael Noonan: In May 2014, the Government launched "Construction 2020" which set out a focused programme of action to deliver a strong, sustainable, well-financed, competitive and innovative approach to construction and housing.  The implementation of the strategy, which is overseen by the Department of An Taoiseach, sets out the relevant public bodies and other agencies that are involved in the...