Results 19,741-19,760 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Credit Unions Regulation (26 May 2015)

Michael Noonan: My role as Minister for Finance is to ensure that the legal framework for credit unions is appropriate for the effective operation and supervision of credit unions. The Registrar of Credit Unions at the Central Bank is the independent regulator for credit unions.  Within her independent regulatory discretion, the Registrar acts to support the prudential soundness of individual...

Written Answers — Department of Finance: Credit Unions Services (26 May 2015)

Michael Noonan: My role as Minister for Finance is to ensure that the legal framework for credit unions is appropriate for the effective operation and supervision of credit unions. The Registrar of Credit Unions at the Central Bank is the independent regulator for credit unions.  Within her independent regulatory discretion, the Registrar acts to support the prudential soundness of individual...

Written Answers — Department of Finance: Credit Unions Services (26 May 2015)

Michael Noonan: My role as Minister for Finance is to ensure that the legal framework for credit unions is appropriate for the effective operation and supervision of credit unions. The Registrar of Credit Unions at the Central Bank is the independent regulator for credit unions.  Within her independent regulatory discretion, the Registrar acts to support the prudential soundness of individual...

Written Answers — Department of Finance: Credit Unions Regulation (26 May 2015)

Michael Noonan: My role as Minister for Finance is to ensure that the legal framework for credit unions is appropriate for the effective operation and supervision of credit unions. The Registrar of Credit Unions at the Central Bank is the independent regulator for credit unions.  Within her independent regulatory discretion, the Registrar acts to support the prudential soundness of individual...

Written Answers — Department of Finance: VAT Rate Application (26 May 2015)

Michael Noonan: The VAT rating of goods and services is constrained by the requirements of EU VAT law with which Irish VAT law must comply. Defibrillators, other than implantable defibrillators, are liable to VAT at the standard rate, currently 23%. Parts or accessories and training are also liable to VAT at the standard rate.  However, training provided in a work setting, for example for the purposes...

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

Michael Noonan: I propose to take Questions Nos. 284 and 285 together. In relation to the question on yields, I am advised by the Revenue Commissioners that data relating to the net receipts for Capital Acquisitions Tax (CAT), which is comprised in part by inheritance tax, are available from the statistics webpage of the Revenue website at http://www.revenue.ie/en/about/statistics/index.html. In...

Written Answers — Department of Finance: Customs and Excise Protocols (26 May 2015)

Michael Noonan: Decisions in relation to the branding and logo of Revenue are matters for the Revenue Commissioners and not for me as Minister for Finance and I am satisfied with the approach taken by the Commissioners in relation to these issues.  I am advised by the Revenue Commissioners that their corporate logo was amended to "Revenue/Cáin agus Custaim na hÉireann/Irish Tax and Customs" in...

Written Answers — Department of Finance: Financial Services Ombudsman (26 May 2015)

Michael Noonan: Firstly, I must point out that the Financial Services Ombudsman (FSO) is independent in the carrying out of his duties.  It would not be appropriate for me to comment on how he performs his duties. However, I have been informed by the Financial Services Ombudsman's Bureau (FSOB) that they are introducing measures to reduce costs associated with persons obtaining stenographic...

Written Answers — Department of Finance: IBRC Legal Cases (26 May 2015)

Michael Noonan: Due to commercial confidentiality and sensitivities, and also solicitor/client confidentiality, the Special Liquidators do not propose to provide details of moneys spent in litigating the specified case. Furthermore, the Special Liquidators do not comment on individual cases.

Written Answers — Department of Finance: IBRC Loans (26 May 2015)

Michael Noonan: I propose to take Questions Nos. 289 to 291, inclusive, together. I am advised by the Special Liquidators that they are not in a position to comment on individual borrowers. The requested information is confidential and it would not be appropriate for the Special Liquidators to release such information.

Written Answers — Department of Finance: IBRC Loans (26 May 2015)

Michael Noonan: The Special Liquidators have confirmed to me that no borrowers were offered discounts on their loans as an incentive to refinance their loans elsewhere.

Written Answers — Department of Finance: Mortgage Data (26 May 2015)

Michael Noonan: Recent Central Bank research published in the Quarterly Bulletin this April gave a total number of PDH mortgage accounts with all lenders of 758,988. It showed a total of 42,169 accounts with non-bank lenders which includes both regulated retail credit firms and currently unregulated entities. At present, the particular referenced firm is not regulated by the Central Bank....

Written Answers — Department of Finance: Tax Code (26 May 2015)

Michael Noonan: In relation to Capital Gains Tax (CGT) the first €1,270 of gains made by an individual in any year are exempt from CGT. In addition, there are a number of specific exemptions and reliefs from CGT, including, for example, retirement relief and relief in respect of the disposal of a principal private residence. For the purposes of Capital Acquisitions Tax, the relationship between the...

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (26 May 2015)

Michael Noonan: The Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provides relief from VAT and VRT (up to a certain limit) on the purchase of an adapted car for transport of a person with specific severe and permanent physical disabilities, assistance with fuel costs, and an exemption from Motor Tax. To qualify for the Scheme, an applicant must have a permanent and severe physical...

Written Answers — Department of Finance: Tax Rebates (26 May 2015)

Michael Noonan: I am advised by the Revenue Commissioners that PAYE Balancing Statements issued to the person concerned on 12 May 2015 for 2013 and 2014. Those Statements set out the person's overall tax position for the years in question.

Written Answers — Department of Finance: Pension Provisions (26 May 2015)

Michael Noonan: The Deputy's correspondent raises an issue relating to the imputed distribution of the value of assets in an ARF. An imputed distribution of the value of assets in an ARF was introduced because an internal review of tax relief for pensions provision undertaken by my Department and the Revenue Commissioners in 2005 found that the ARF option was largely not being used as intended to fund an...

Written Answers — Department of Finance: Tax Code (26 May 2015)

Michael Noonan: As I advised the Deputy in my reply to Parliamentary Question No. 282 of 12 May 2015, the extent to which expenses incurred in earning rental income are deductible in computing taxable rents is specified in section 97(2) of the Taxes Consolidation Act (TCA) 1997. This question relates, inter alia, to the restriction on the deductibility of interest and the non-deductibility of local property...

Written Answers — Department of Finance: Ministerial Travel (26 May 2015)

Michael Noonan: My programme of official foreign trips planned between now and the end of 2015 includes the following Eurogroup and ECOFIN meetings: 18/19 June: Eurogroup/ECOFIN, Luxembourg 13/14 July: Eurogroup/ECOFIN, Brussels 11/12 September: Eurogroup/ECOFIN (Informal), Luxembourg 5/6 October: Eurogroup/ECOFIN, Luxembourg 9/10 November: Eurogroup/ECOFIN, Brussels 7/8 December: Eurogroup/ECOFIN,...

Written Answers — Department of Finance: IBRC Operations (26 May 2015)

Michael Noonan: As the Deputy is aware, I have issued directions to the Special Liquidators to perform a review and produce a report having considered all transactions, activities and management decisions, other than those relating solely to the acquisition of assets by the National Asset Management Agency which either: 1. Resulted in a capital loss to IBRC of at least €10 million; 2. Are...

Written Answers — Department of Finance: Official Engagements (26 May 2015)

Michael Noonan: The Chinese Premier, Mr Li Keqiang paid a visit to Ireland on 17-18 May last. This was his first visit to Ireland. Premier Li was accompanied by his wife, Professor Cheng Hong, as well as a 119-strong delegation. A delegation of Irish Government Ministers had a bilateral meeting with the Chinese Ministerial delegation at Ashford Castle. The Irish delegation was led by the Taoiseach and,...