Results 3,121-3,140 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Motor Fuels: Motor Fuels (22 Apr 2010)

Brian Lenihan Jnr: I announced in Budget 2010 that a carbon tax at a rate of €15 per tonne was being introduced on fossil fuels. The tax was applied to petrol and auto-diesel with effect from midnight, 9 December 2009; and will apply 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 the...

Written Answers — Flood Relief: Flood Relief (22 Apr 2010)

Brian Lenihan Jnr: My Department made an application to the EU Commission on 27th January 2010 for funding under the EU Solidarity Fund based on estimates of damage received from Departments and local authorities. The application was formally acknowledged by the Commission on 24th February 2010. The EU Solidarity Fund does not fund full reconstruction nor does it fund prevention works. It funds emergency...

Written Answers — Flood Relief: Flood Relief (22 Apr 2010)

Brian Lenihan Jnr: I assume the Deputy is referring to the application made by my Department to the EU Commission on 27th January 2010 for funding under the EU Solidarity Fund based on estimates of damage received from Departments and local authorities following the flooding in November 2009. The application was formally acknowledged by the Commission on 24th February 2010. The EU Solidarity Fund does not fund...

Written Answers — Pension Provisions: Pension Provisions (22 Apr 2010)

Brian Lenihan Jnr: As the Deputy is aware Anglo Irish Bank is the only bank which is State owned and managed by a Board on behalf of the State. Pension Schemes available to staff at the bank include defined benefit schemes (which closed to new membership in 1994) and a defined contribution scheme. These schemes are funded schemes, and are operated by appointed trustees. The schemes are operated independently...

Written Answers — Motor Fuels: Motor Fuels (22 Apr 2010)

Brian Lenihan Jnr: As required by the Energy Tax Directive, all fuel used for commercial sea navigation, including sea-fishing, will continue to be exempt from Mineral Oil Tax, including the mineral oil tax carbon charge that was introduced in this year's Finance Act.

Written Answers — Company Registration: Company Registration (22 Apr 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that Revenue's Customer Service Standards, published in August 2009, state that 100% of VAT registrations will be dealt with within 10 working days. The 10 working day standard for VAT registrations takes into account an extra level of scrutiny carried out by Revenue to ensure that the VAT registration is in respect of a legitimate trade. VAT...

Written Answers — Tax Code: Tax Code (22 Apr 2010)

Brian Lenihan Jnr: The Valuation Act, 2001 maintains the long-standing position that all commercial facilities - including all preschool child care facilities such as playschools, preschools, crèches and Montessori schools - are liable for rates. However, charitable organisations providing child care facilities exclusively for charitable purposes and otherwise than for private profit are excluded from...

Written Answers — Tax Code: Tax Code (22 Apr 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that Revenue's Customer Service Standards, published in August 2009, state that 100% of employer registrations will be dealt with within 5 working days. In 2008 98% of Employer Registrations were dealt with within 5 working days. This represents 25,680 Registrations out of a total of 26,336. In 2009 95% of Employer Registrations were dealt with...

Written Answers — Tax Code: Tax Code (22 Apr 2010)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that a cheque amounting to €825 will issue to the taxpayer in respect of the current year. This refund will issue by Revenue within the next week.

Written Answers — Pension Provisions: Pension Provisions (22 Apr 2010)

Brian Lenihan Jnr: Last night, Mr Boucher issued a statement saying that he was sensitive to the current comment and debate about his pension arrangements and that he had decided to waive his option to retire on pension at age 55. This means that the requirement to make the payment by the bank to the pension fund no longer exists. I welcome Mr Boucher's decision. ^^ Medical Cards. ^^

Written Answers — Tax Code: Tax Code (21 Apr 2010)

Brian Lenihan Jnr: The position is that income tax relief in respect of health expenses is allowable in accordance with Section 469 of the Taxes Consolidated Act 1997. The section provides for tax relief for health expenses incurred in the provision of health care. "Health care" is defined as "the prevention, diagnosis, alleviation or treatment of an ailment, injury, infirmity, defect or disability, and...

Written Answers — Indebtedness Report: Indebtedness Report (21 Apr 2010)

Brian Lenihan Jnr: I welcome the Report on Indebtedness of the Joint Committee on Social and Family Affairs and its recommendations which were published earlier this year. The Deputy will be aware that on the 25th February 2010 I informed the Government of my proposals regarding expanding the membership of the Interdepartmental Mortgage Arrears Group, under the Chairmanship of Mr. Hugh Cooney, an insolvency...

Written Answers — Codes of Conduct: Codes of Conduct (21 Apr 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 112 and 115 together. As the Deputy is aware, the Financial Regulator first published its Code of Conduct on Mortgage Arrears (the Code) on 13 February 2009 which was updated on 17 February 2010. The Code is mandatory for all regulated lenders and includes provisions on matters relating to a moratorium and mortgage repossessions. In addition, of course, both...

Written Answers — Codes of Conduct: Codes of Conduct (21 Apr 2010)

Brian Lenihan Jnr: The Deputy will be aware that I wrote to the Financial Regulator after my Budget 2010 speech, requesting that consideration be given to extending the moratorium from 6 months to 12 months. The Financial Regulator decided after consultation that it would be possible to extend the moratorium in line with my request and the new limit of 12 months now applies to all regulated lenders and is...

Written Answers — Mortgage Arrears: Mortgage Arrears (21 Apr 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 114 and 116 together. There have been a number of developments relating to the Government's commitments in the Renewed Programme for Government dealing with Protecting the Family Home and Helping Those in Debt. In particular I refer to the recent establishment of the expert group on Mortgage Arrears and Personal Debt (Group) under the Chairmanship of Mr Hugh...

Written Answers — Mortgage Arrears: Mortgage Arrears (21 Apr 2010)

Brian Lenihan Jnr: The Financial Regulator has statutory responsibility for the regulation of non-interest related banking charges under Section 149 of the Consumer Credit Act 1995. Credit institutions are obliged to seek the prior approval of the Regulator before any increase in such fees. I, as Minister for Finance have no role in the matter. For the purposes of Section 149 a charge includes a penalty...

Written Answers — Mortgage Arrears: Mortgage Arrears (21 Apr 2010)

Brian Lenihan Jnr: As the Deputy is aware, on 25th February 2010, I informed the Government of my proposals to extend the membership of the then Interdepartmental Mortgage Arrears Group to include external experts under the Chairmanship of Mr. Hugh Cooney an insolvency accountant. The external members of this expert group (Group) were selected on the basis of their individual expertise in areas relating to...

Written Answers — Tax Collection: Tax Collection (21 Apr 2010)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that a PAYE Balancing Statement P21 for the year 2008 issued to the person concerned on 15th January 2010. In addition copies of the balancing statement were issued on the 18th and 24th March 2010.

Written Answers — Tax Collection: Tax Collection (21 Apr 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that identifying figures of tax receipts from small and medium enterprises would depend on how these enterprises are defined and whether the details of such a definition could be associated with the appropriate data on Revenue tax records. The relevant figures in this area that are currently available to Revenue are as contained in Table CTS 1 in...

Written Answers — Tax Collection: Tax Collection (21 Apr 2010)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that, following consideration of the circumstances of the case, they indicated to the parties involved on 27 October 2009 that they were prepared to mitigate the interest on late payment of Stamp Duty to the amount chargeable on 31 May 2007, which was the date at which the individuals put their former solicitor in funds to pay the Duty on their...