Results 19,861-19,880 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (9 Jun 2015)

Michael Noonan: I am advised by the Revenue Commissioners that the vehicle purchased by the person concerned has been approved for motor tax exemption and assistance in respect of fuel costs under the Drivers/Passengers with Disabilities Scheme.  A Certificate of Approval to exempt the vehicle from payment of annual motor tax issued to the person on 13 May 2015. Any further information or assistance...

Written Answers — Department of Finance: Tax Reliefs Availability (9 Jun 2015)

Michael Noonan: I am advised by the Revenue Commissioners that capital gains tax applies to the disposal of shares. No relief is available in respect of such a disposal where the proceeds of the disposal are used to purchase agricultural land. Individuals who dispose of shares in order to purchase agricultural land are no different to any other taxpayers who may decide to dispose of shares or other...

Written Answers — Department of Finance: Revenue Commissioners Resources (9 Jun 2015)

Michael Noonan: The acquisition of detector dogs and the deployment of dog teams is a matter for the Revenue Commissioners.  I am advised by the Commissioners that the total number of dog units in operation is currently 17.  An additional dog unit is being set-up in Dublin Airport to target the importation of foodstuffs. This dog unit will be operated by Revenue on behalf of the Department of...

Written Answers — Department of Finance: Tax Credits (9 Jun 2015)

Michael Noonan: I have been advised by the Revenue Commissioners that they are in direct communication with the person concerned to clarify and confirm certain aspects of the personal circumstances of that person and in that context to update and grant any additional tax credits and reliefs to which the person concerned is entitled.

Written Answers — Department of Finance: Capital Allowances (9 Jun 2015)

Michael Noonan: It is assumed that the Deputy is referring to the capital allowances that are available in respect of capital expenditure on qualifying private hospitals under the property incentive scheme. I am informed by the Revenue Commissioners that the available information on the estimated cost of tax forgone and the number of claimants for the most recent five years available is as set out in the...

Written Answers — Department of Finance: Seirbhísí trí Ghaeilge (9 Jun 2015)

Michael Noonan: Tá na seirbhísí a chuireann an Roinn seo ar fáil mar aon lenár gcuid aidhmeanna do na trí bliana le teacht leagtha amach sa Dara Scéim Teanga 2014-2017 atá ar fáil ar ár suíomh Gréasáin ag .Go háirithe, cuirtear roinnt faisnéise faoin mBuiséad bliantúil agus preaseisiúintí ar fáil i nGaeilge....

Written Answers — Department of Finance: Banking Operations (9 Jun 2015)

Michael Noonan: I have been informed by AIB that the bank has not unilaterally abolished overdraft facilities to sporting organisations. There are particular constraints in lending to unincorporated bodies or associations and a typical solution is for borrowings to be placed in the name of the club or association trustees. AIB continues to provide credit facilities to sporting clubs and associations and, on...

Written Answers — Department of Finance: Home Renovation Incentive Scheme Data (9 Jun 2015)

Michael Noonan: I am advised by the Revenue Commissioners based on the available information to date that 21,187 individual properties have registered works in respect of the Home Renovation Incentive scheme. A total of 28,708 works have been registered, the estimated value of which is €447 million (a single property can have more than one body of qualifying works completed). These include all works...

Written Answers — Department of Finance: Tax Rebates (9 Jun 2015)

Michael Noonan: I am advised by the Revenue Commissioners that following recent engagement between the person concerned and Revenue it has been established that the person concerned is due a refund for 2014. This refund will issue to the person concerned in a matter of a few days.

Written Answers — Department of Finance: Tax Credits (9 Jun 2015)

Michael Noonan: I am advised by the Revenue Commissioners that the spouse of the person concerned is the assessable person for tax purposes. The Incapacitated Child Tax Credit is included in a revised Certificate of Tax Credits that Revenue is now issuing for 2015. As regards the years 2012, 2013 and 2014, Revenue has requested outstanding returns of income for those years and as soon as these are...

Written Answers — Department of Finance: Tax Code (9 Jun 2015)

Michael Noonan: CGT entrepreneurial relief was introduced to encourage entrepreneurs (in particular "serial" entrepreneurs) to invest and reinvest in assets used in new productive trading activities. The measure applies where an individual, who has paid capital gains tax on the disposal of assets, makes investments in a new business in the period 1 January 2014 to 31 December 2018 and subsequently disposes...

Written Answers — Department of Finance: Tax Code (9 Jun 2015)

Michael Noonan: I am advised by the Revenue Commissioners that the income of the person in question increased during 2014 compared to 2013.  In 2013, the person's income was below the exemption threshold and was not liable to tax; however, the increase in income during 2014 moved the person concerned above this threshold and a liability to tax arose.  A revised tax credit certificate issued to the...

Written Answers — Department of Finance: Tax Yield (9 Jun 2015)

Michael Noonan: I am informed by the Revenue Commissioners that a wide range of statistical information is now available on the Commissioners' statistics web page at . In response to the Deputy's Question, detailed information regarding Dublin's tax contribution to Exchequer finances can be found under the 'Revenue Net Receipts by County' heading at . This breakdown is available for receipts of VAT, PAYE,...

Written Answers — Department of Finance: Tax Data (9 Jun 2015)

Michael Noonan: I assume that the Deputy is seeking to ascertain the impact on stamp duty revenues if, on the abolition by Finance Act 2007 of certain reliefs (i.e. market maker, broker/dealer and closings relief), these reliefs had not been replaced by alternative reliefs (i.e. intermediary and central counter party reliefs). Arising from a concern that the stamp duty code did not reflect developments...

Written Answers — Department of Finance: Tax Yield (9 Jun 2015)

Michael Noonan: I am informed by the Revenue Commissioners that the revenue in the form of taxation that was generated by the sale of alcohol in 2014 is in respect of Alcohol Products Tax (Excise Duty) and VAT. It should be noted that the VAT receipts are estimated, as VAT returns do not require the yield from a particular sector or sub-sector of trade to be identified. Beer Spirits Wine...

Written Answers — Department of Finance: Primary Medical Certificates Eligibility (9 Jun 2015)

Michael Noonan: I am aware that the Ombudsman wrote to the Secretary General of my Department in December 2014 and made comments regarding the eligibility criteria of the Disabled Driver and Disabled Passengers Scheme.  The Ombudsman stated, inter alia, that he believed that the 'scheme is overly rigid and may well be causing inequity'.  The Scheme and qualifying...

Written Answers — Department of Finance: Housing Provision (9 Jun 2015)

Michael Noonan: In the Stability Programme Update (SPU) published by the Department of Finance in December 2009 (NAMA was established in November 2009), it was indicated that over the medium term, new housing output levels were expected to gradually revert back towards 30,000 units per annum. The SPU noted that this figure was the tentatively estimated sustainable level over the medium term. ...

Written Answers — Department of Finance: Mortgage Interest Rates (9 Jun 2015)

Michael Noonan: As you know, I met with senior management of Ireland's six main mortgage providers in May. The meetings focused on the mortgage market and specifically the comparatively high standard variable rates currently being charged by the banks. I outlined my view, that Standard Variable Rates being charged in the Irish market are too high.  There was agreement from all lenders that...

Written Answers — Department of Finance: Credit Unions Restructuring (9 Jun 2015)

Michael Noonan: The Credit Union and Co-operation with Overseas Regulators Act 2012 provides the statutory basis for the restructuring of credit unions and placed the Credit Union Restructuring Board - ReBo - on a statutory footing from 1 January 2013. ReBo is currently in the process of overseeing and facilitating restructuring on a voluntary, incentivised and time-bound basis and is working...

Written Answers — Department of Finance: Credit Unions Restructuring (9 Jun 2015)

Michael Noonan: The Government put €250 million into the Credit Institutions Resolution Fund which was established by section 10(1) of the Central Bank and Credit Institutions (Resolution) Act 2011 (as amended) (2011 Act). The purpose of the Resolution Fund under the 2011 Act is to provide a source of funding for the resolution of financial instability in, or an imminent serious threat to...