Results 2,001-2,020 of 16,537 for speaker:Brian Lenihan Jnr
- Written Answers — Proposed Legislation: Proposed Legislation (29 Sep 2010)
Brian Lenihan Jnr: Proposed legislation is currently before the Seanad on this matter and this will provide the opportunity when it comes to this House for a full discussion of the concerns raised by the Deputy.
- Written Answers — Departmental Correspondence: Departmental Correspondence (29 Sep 2010)
Brian Lenihan Jnr: The NTMA has advised me that it did not cease placing deposits with Anglo Irish Bank in 2007.
- Written Answers — Flood Relief: Flood Relief (29 Sep 2010)
Brian Lenihan Jnr: The Commission informed the Department on 14th September 2010 that it is proposing financial aid amounting to 13.02m euro in response to Ireland's application to the EU Solidarity Fund. This amount will now have to be confirmed by the European Parliament and the European Council by way of an amending budget procedure. The grant will be used to recoup some of the expenditure incurred by the...
- Written Answers — Tax Collection: Tax Collection (29 Sep 2010)
Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that the tax refund in question cannot be dealt with until the ongoing audit is finalised. Settlement proposals were presented to the taxpayer's agent at a meeting on 7th September 2010. Revenue is at this time awaiting the response to those proposals from the taxpayer and his agent.
- Written Answers — Departmental Contracts: Departmental Contracts (29 Sep 2010)
Brian Lenihan Jnr: Proposed legislation is currently before the Seanad on protecting sub-contractors payments for work done under construction contracts. This will provide an opportunity when it comes to this House for a full discussion of the concerns raised by the Deputy.
- Written Answers — Rent Increases: Rent Increases (29 Sep 2010)
Brian Lenihan Jnr: With regard to the commercial scheme in question, NAMA informs me that it has not taken control of the property securing the loan and no loan has been enforced. For reasons of commercial confidentiality, NAMA is not permitted to disclose information on any of the borrowers whose loans have been acquired from participating institutions. Where property remains in the control of the borrower,...
- Written Answers — Tax Yield: Tax Yield (29 Sep 2010)
Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the exact information sought for indirect taxation on a county basis is not available. However, Revenue sheriffs, county registrars or their officers operate for the purposes of enforcement of tax debt within certain geographical boundaries known as a "bailiwick" which equates geographically with "county". Data on the net receipts of some taxes...
- Written Answers — Tax Code: Tax Code (29 Sep 2010)
Brian Lenihan Jnr: The tax code provides various allowances for investment in mining and petroleum exploration in recognition of the particular requirements and capital-intensive nature of these sectors of economic activity. In relation to mining, allowances are available for capital expenditure incurred in exploring for mineral deposits, acquiring mineral deposits, developing, constructing and operating a...
- Written Answers — Tax Code: Tax Code (29 Sep 2010)
Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the information provided in tax returns on the annual amounts of claims for property based and other tax reliefs is not sufficiently detailed to provide a basis for deriving an estimate of the remaining legacy cost to the Exchequer. I am not therefore in a position to provide the information requested by the Deputy.
- Written Answers — Tax Collection: Tax Collection (29 Sep 2010)
Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that a PAYE Balancing Statement P21 for the year 2008 will issue to the person concerned shortly.
- Written Answers — Tax Collection: Tax Collection (29 Sep 2010)
Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that a PAYE Balancing Statement P21 for the year 2008 will issue to the person concerned shortly.
- Written Answers — Anti-Discrimination Legislation: Anti-Discrimination Legislation (29 Sep 2010)
Brian Lenihan Jnr: My colleague, the Minister for Community, Equality and Gaeltacht Affairs is responsible for matters in relation to the Equal Status Acts 2000-2008. I have been informed that those Acts prohibit discrimination on nine grounds, including that of age, in access to and in the supply of goods and services. This would include facilities for banking, insurance, grants, loans, credit or financing....
- Written Answers — Tax Yield: Tax Yield (29 Sep 2010)
Brian Lenihan Jnr: The scheme of accelerated capital allowances for expenditure on new specified energy-efficient equipment referred to by the Deputy in the details supplied with the question, allows companies to write-off the full cost of such equipment against their taxable income in the year the expenditure is incurred. The scheme came into operation in late 2008 for a 3 year period and does not apply to...
- Written Answers — Tax Yield: Tax Yield (29 Sep 2010)
Brian Lenihan Jnr: The scheme of accelerated capital allowances for expenditure on new specified energy-efficient equipment referred to by the Deputy in the details supplied with the question, allows companies to write-off the full cost of such equipment against their taxable income in the year the expenditure is incurred. The scheme came into operation in late 2008 for a 3 year period and does not apply to...
- Written Answers — Tax Code: Tax Code (29 Sep 2010)
Brian Lenihan Jnr: It is assumed that the Deputy is asking about the potential yield or cost of applying either a 2%, 3% or 3.5% charge to all transfers of residential property, with no exceptions or exemptions. This change would reduce the Stamp Duty payable on higher value properties but would increase it on lower value properties. It would also mean that first time buyers would pay Stamp Duty. I am...
- Written Answers — Tax Code: Tax Code (29 Sep 2010)
Brian Lenihan Jnr: An historical breakdown is available by tax rate of the tax relief claimed on contributions to personal pension plans â Retirement Annuity Contracts (RACs) and Personal Retirement Savings Accounts (PRSAs) â by the self-employed and others, to the extent that the contributions have been included in the personal tax returns of those taxpayers. The latest full historical data currently...
- Written Answers — Tax Code: Tax Code (29 Sep 2010)
Brian Lenihan Jnr: The following is a summary of the main tax reliefs and credits available to taxpayers aged 65 or over. Taxpayers aged over 65 years have an entitlement to an age tax credit of â¬325 if single and â¬650 if married and either spouse is over 65. An exemption from income tax of â¬20,000 for a single person aged 65 years or over or â¬40,000 for a married couple where either spouse is aged 65...
- Written Answers — Tax Code: Tax Code (29 Sep 2010)
Brian Lenihan Jnr: Unfortunately, it was not possible to collate the information required for this answer in the time allowed. I will provide the Deputy with the answer in writing in the coming days.
- Written Answers — Tax Yield: Tax Yield (29 Sep 2010)
Brian Lenihan Jnr: I am informed by the Revenue Commissioners that, as information on the value of capital gains arising from the disposal of principal private residences is not required in capital gains tax returns, there is no dedicated basis for separately identifying the yield that would arise from applying capital gains tax to sales of principal private residences. Accordingly, the specific information...
- Written Answers — Tax Yield: Tax Yield (29 Sep 2010)
Brian Lenihan Jnr: I am informed by the Revenue Commissioners that, as there is no direct association on tax records between the effective rates of income tax and liability to Capital Acquisitions Tax and Capital Gains Tax, there is no basis on which a precise estimate of the impact on the tax yields from these sources from the change mentioned in the question could be ascertained. On the basis that the...