Results 2,601-2,620 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Urban Renewal Schemes: Urban Renewal Schemes (9 Jun 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 57 and 58 together. I have provided information in an appendix on the areas that were designated for tax relief under the various area-based tax incentive schemes and where projects may have been developed, viz.: · Islands · Seaside Resorts · Integrated Area Urban Renewal · Town Renewal · Rural Renewal · Living over the Shop The sectoral schemes, such as...

Written Answers — Tax Code: Tax Code (3 Jun 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that they have now received documentary evidence in support of the claim. An amended certificate of tax credits and standard rate cut-off point will issue shortly granting the one-parent family tax credit and additional rate band to the individual in question.

Written Answers — Tax Code: Tax Code (3 Jun 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that, with effect from 1 January 2006, relief for interest on borrowed money applied in the purchase, improvement or repair of a rented residential premises and relief for qualifying expenditure incurred under the Countrywide Refurbishment Scheme is denied unless the claimant can show that the registration requirements of Part 7 of the Residential...

Written Answers — Freedom of Information: Freedom of Information (3 Jun 2010)

Brian Lenihan Jnr: There are three General Lighthouse Authorities (GLA's ), which are responsible for providing and maintaining Aids-To Navigation in the UK and Ireland. The three GLA's are Commissioners for Irish Lights (responsible for the 32 counties of Ireland), Trinity House Lighthouse Service (responsible for England and Wales) and the Northern Lighthouse Board (responsible for Scotland and the Isle of...

Written Answers — Tax Code: Tax Code (3 Jun 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 44 and 45 together. I am advised by the Revenue Commissioners that the application dated 7 May 2010 was received by Revenue on 18 May 2010. On 20 May, a letter issued to the agent confirming that the company had been registered for Corporation Tax and that the VAT application was currently being processed. On examination of the application, further...

Written Answers — Carbon Tax: Carbon Tax (3 Jun 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 46 and 48 together. I announced in the Budget that a carbon tax at a rate €15 per tonne would be introduced on fossil fuels. It should be noted that a carbon tax came into effect on 10 December 2009 in respect of petrol and auto-diesel and from 1 May 2010 to kerosene, marked gas oil (also known as 'green diesel' or 'agricultural diesel'), liquid petroleum...

Written Answers — Financial Services Regulation: Financial Services Regulation (3 Jun 2010)

Brian Lenihan Jnr: The proposals to which the Deputy refers are in the main a reproduction of the material supplied by the Irish League of Credit Unions (ILCU) to its member credit unions as part of its current campaign in relation to amendments to Section 35 of the Credit Union Act 1997 contained in the Central Bank Reform Bill 2010 and to the transposition by Ireland of the Consumer Credit Directive. I...

Written Answers — Tax Code: Tax Code (3 Jun 2010)

Brian Lenihan Jnr: Under the provisions of the Tax Acts, a person in receipt of rental income is assessed to income tax on the net amount of the rents received (i.e. the gross rents less allowable expenses incurred in earning those rents). In computing the net amount of the rents received, only those deductions that are specified in section 97(2) of the Taxes Consolidation Act 1997 are allowable. The main...

Order of Business. (3 Jun 2010)

Brian Lenihan Jnr: The date is Friday week.

Financial Emergency Measures in the Public Interest Bill 2010: Second Stage (Resumed) (2 Jun 2010)

Brian Lenihan Jnr: The Deputy should read The Wall StreetJournal.

Written Answers — Money Laundering: Money Laundering (2 Jun 2010)

Brian Lenihan Jnr: The definition of money laundering in the Criminal Justice Acts is very wide. It includes possessing or using the proceeds of any crime, including tax evasion, as well as any attempt to conceal, disguise, transfer or convert those proceeds. Given this wide definition, the Deputy will appreciate that it is difficult to arrive at any meaningful estimate of the exchequer loss due to money...

Written Answers — EU Directives: EU Directives (2 Jun 2010)

Brian Lenihan Jnr: The Consumer Credit Directive establishes a harmonised legal framework in the European Union for the provision of consumer credit ranging from €200 up to €75,000. (It does not apply to mortgages). It replaces a 1987 Directive (87/102/EEC), which laid down minimum rules for consumer credit arrangements within the EU. In consultation with the Office of the Attorney General, my Department...

Written Answers — Tax Code: Tax Code (2 Jun 2010)

Brian Lenihan Jnr: The Revenue Commissioners have provided me with the information requested by the Deputy. The information is presented in tabular format. Because there are significant differences in the operation of tax relief between the commercial and residential schemes separate tables have been used in relation to the 'non-cost' elements of the schemes. Table 1 contains the commercial schemes, Table 2...

Written Answers — Financial Services Regulation: Financial Services Regulation (2 Jun 2010)

Brian Lenihan Jnr: The correspondence provided by the Deputy in the main reproduces the material supplied by the Irish League of Credit Unions (ILCU) to its member credit unions as part of its current campaign in relation to amendments to Section 35 of the Credit Union Act 1997 contained in the Central Bank Reform Bill 2010 and to the transposition by Ireland of the Consumer Credit Directive. I understand that...

Written Answers — Tax Code: Tax Code (2 Jun 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the question of whether an individual - including an actor - is engaged under either a contract of service (i.e. an employee) or a contract for service (i.e. self-employed) is a question of fact and of general law. Regardless of how the parties to an engagement may describe the relationship, all the relevant factors, including written, oral and...

Written Answers — Local Government Valuations: Local Government Valuations (2 Jun 2010)

Brian Lenihan Jnr: The Valuation Act 2001, provides for the valuation of all commercial and industrial property and the Commissioner of Valuation is independent in the performance of his functions under the Act. The recent revaluation of the Fingal County Council rating authority area was undertaken after the required consultation by the Commissioner with both the Minister for the Environment, Heritage and...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (2 Jun 2010)

Brian Lenihan Jnr: As I stated in the reply referred to, as of end April a total of €188bn covered by either Covered Institutions Financial Support Scheme (CIFS) or Eligible Liabilities Guarantee Scheme (ELG) was expected to mature before 1 October. This figure is broken down as follows: Demand Deposits 66,908 Interbank Lending 16,405 Senior Debt ...

Written Answers — Tax Code: Tax Code (2 Jun 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the provision of tax relief on pension contributions is not required to be linked to the values of pension funds in the manner set out in the question. Accordingly, there is no data available on which to provide the figures being sought. The maximum allowable pension fund that an individual can build up from tax-relieved contributions is known...

Written Answers — Carbon Levy: Carbon Levy (1 Jun 2010)

Brian Lenihan Jnr: I announced in the Budget that a carbon tax at a rate €15 per tonne would be introduced on fossil fuels. It should be noted that a carbon tax came into effect on 10 December 2009 in respect of petrol and auto-diesel and from 1 May 2010 to kerosene, marked gas oil (also known as 'green diesel' or 'agricultural diesel'), liquid petroleum gas (LPG), fuel oil and natural gas. The application of...

Written Answers — EU Directives: EU Directives (1 Jun 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 129 and 138 together. In consultation with the Office of the Attorney General, my Department is currently preparing the draft Statutory Instrument, which will transpose the Consumer Credit Directive into Irish Law. It is intended that the legislation will be finalised by 11th June 2010. The Directive will take effect from that date.