Results 3,661-3,680 of 27,019 for speaker:Michael Noonan

National Asset Management Agency: Motion [Private Members] (29 Jun 2016)

Michael Noonan: I move amendment No. 1:To delete all words after “Dáil Éireann” and substitute the following:“notes that: — the National Asset Management Agency (NAMA) Chairman has stated that the NAMA Board is fully satisfied that the Project Eagle sales process delivered the best possible return that could have been achieved for Irish taxpayers; — it remains...

Written Answers — Department of Finance: Tobacco Control Measures (29 Jun 2016)

Michael Noonan: I propose to take Questions Nos. 69 and 72 together. The Programme for a Partnership Government sets out a key public health committment to make Ireland tobacco free by 2025.  I support this committment. The tax treatment of tobacco products is provided for in Directive 2011/64/EU (the 'Tobacco Products Tax Directive'), which harmonises the structures and definitions of...

Written Answers — Department of Finance: Revenue Commissioners Staff (29 Jun 2016)

Michael Noonan: I am advised by Revenue that no clerical officer positions have been filled recently in their offices in Donegal Town.   Staffing within Revenue is a matter for the Revenue Commissioners and Revenue reviews its business and staff resource requirements in all locations and at all grades on an on-going basis as part of its workforce planning. 

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (29 Jun 2016)

Michael Noonan: I am advised by Revenue that a completed application under the Disabled Drivers & Passengers Scheme was received by them on 23rdJune 2016. This application will now be processed as quickly as possible and the person concerned will then be advised of the outcome of the application.

Written Answers — Department of Finance: Tax Code (29 Jun 2016)

Michael Noonan: I am advised by Revenue that the person concerned is not due a tax refund. Her tax credits exceed her income and she has not paid tax. The person concerned is exempt from Universal Social Charge.

Written Answers — Department of Finance: Property Tax Exemptions (29 Jun 2016)

Michael Noonan: The Finance (Local Property Tax) Act 2012 (as amended) provides that any property that is in use as, or that is suitable for use as, a dwelling house is liable to LPT. Therefore, the condition of a property does not result in exemption from LPT where it is occupied. The only exception in this regard is where a property is certified as having significant pyritic damage. Where a...

Written Answers — Department of Finance: Fiscal Policy (28 Jun 2016)

Michael Noonan: I presume the Deputy is seeking this information in the context of the publication of the Summer Economic Statement (SES). The information sought is set out in nominal terms in Table 3 on page 16 of the SES. For the Deputy's convenience, the table below sets out, as percentages of GDP, projected gross voted expenditure, both current and capital, and tax revenues and...

Written Answers — Department of Finance: Ministerial Meetings (28 Jun 2016)

Michael Noonan: The Committee on Economic and Monetary Affairs of the European Parliament extended an invitation to me, in late 2015, under Article 2a of Regulation 1467/97 (as amended by Regulation 1177/2011) and Article 14(3) of Regulation 472/2013 (Two-Pack regulation, which provides for Post Programme Surveillance) to appear before the Committee as part of an economic dialogue and exchange of views with...

Written Answers — Department of Finance: Ireland Strategic Investment Fund Investments (28 Jun 2016)

Michael Noonan: The Ireland Strategic Investment Fund (ISIF) informs me that its exposure to fossil fuel companies is in its global portfolio. The global portfolio is a transition portfolio the purpose of which is to manage the legacy assets inherited from its predecessor fund, the National Pensions Reserve Fund (NPRF) as the Fund transitions fully into Irish assets. In keeping with the ISIF's mandate...

Written Answers — Department of Finance: Ireland Strategic Investment Fund Investments (28 Jun 2016)

Michael Noonan: The Ireland Strategic Investment Fund's (ISIF) has some limited exposure to companies involved in hydraulic fracturing in its global portfolio. The global portfolio is a transition portfolio the purpose of which is to manage the legacy assets inherited from its predecessor fund, the National Pensions Reserve Fund (NPRF) as the Fund transitions fully into Irish assets. In keeping with the...

Written Answers — Department of Finance: Tax Data (28 Jun 2016)

Michael Noonan: I am informed by Revenue that the tables below show, by range of tax liability, the net trading income, net chargeable gains and taxable income of companies that filed a Corporation Tax return in each of the years 2008 -2014. I am advised, following an extensive review of Revenue data, that the taxable income information is not available for the year 2008. The Deputy may wish to note that...

Written Answers — Department of Finance: Tax Relief Data (28 Jun 2016)

Michael Noonan: I am advised by Revenue that the number of persons that availed of relief from VRT and VAT under the Disabled Drivers & Passengers Scheme, in each of the years 2013, 2014, 2015 and to date in 2016 is as follows: County 2013 2014 2015 2016 Carlow 37 41 40 24 Cavan 66 82 95 43 Clare 179 198 211 138 Cork 796 835 926 635 Donegal 174 261 219 166 Dublin 701 818 871 596 Galway...

Written Answers — Department of Finance: Tax on Charitable Donations (28 Jun 2016)

Michael Noonan: I propose to take Questions Nos. 83 to 85, inclusive, together. I am advised by Revenue that charitable donations are outside the scope of VAT. This means that VAT does not apply to such donations. In the case of charitable donations made by text, where the full amount of the donation is passed over directly to the charity concerned, the entire amount is deemed outside the scope of VAT. In...

Written Answers — Department of Finance: Tax Relief Application (28 Jun 2016)

Michael Noonan: The Disabled Drivers and Disabled Passengers Scheme provides a range of tax reliefs linked to the purchase and use of specially constructed or adapted vehicles by drivers and passengers with a disability. Under the terms of the scheme, a person can claim remission or repayment of vehicle registration tax (VRT), repayment of value-added tax (VAT) on the purchase of a vehicle and repayment of...

Written Answers — Department of Finance: Banking Sector Regulation (28 Jun 2016)

Michael Noonan: Crowdfunding is not currently a regulated activity in Ireland. In June 2014 the Central Bank of Ireland issued a Consumer Notice on Crowdfunding which alerts consumers to the fact that crowdfunding is not a regulated activity. The notice can be found via the following link: . However, it should be noted that if a crowdfunding platform intends to offer ancillary services which are regulated...

Written Answers — Department of Finance: Insurance Industry (28 Jun 2016)

Michael Noonan: As Minister for Finance, I am concerned that there should be a stable insurance sector and that the risk to policyholders and to the wider financial system are limited. An adequately-reserved, cost-competitive insurance sector is a vital component of economic activity and financial stability. The current high cost of insurance is a concern for the Government. While the...

Written Answers — Department of Finance: Tax Exemptions (28 Jun 2016)

Michael Noonan: I propose to take Questions Nos. 89 and 90 together. I am informed by Revenue that the Irish taxes covered by the Ireland/United States double taxation treaty 1997 are income tax, corporation tax and capital gains tax and any identical or substantially similar taxes imposed after the date of signature of the treaty. This is provided for in Article 2 of the treaty, which deals with taxes...

Written Answers — Department of Finance: Tax Data (28 Jun 2016)

Michael Noonan: The domicile levy was introduced in the Finance Act 2010. The first year for which individuals were required to make returns was the year 2010 and these returns had to be filed by 31 October 2011 or by 15 November 2011 for individuals using Revenue Online Services (ROS). Domicile Levy returns for 2015 are not due to be filed until 31 October 2016 so there are no figures available as yet for...

Written Answers — Department of Finance: Tax Relief Data (28 Jun 2016)

Michael Noonan: Hearings of the Disabled Drivers Medical Board of Appeal are held on average twice a month at the National Rehabilitation Hospital in Dun Laoghaire, which has the facilities to cater for people with mobility impairing disabilities of the kind provided for under the Disabled Drivers and Disabled Passengers Scheme. The Medical Board of Appeal holds regional clinics as demand arises. I'm...

Written Answers — Department of Finance: Universal Social Charge Data (28 Jun 2016)

Michael Noonan: I am advised by Revenue that the additional number of persons who would become exempt from the Universal Social Charge (USC) if the current exemption threshold of €13,000 was increased to €15,000 would be in the order of 80,000 persons. This would result in an estimated 33% of income earners being exempt from the USC. These figures are estimates from the Revenue tax...