Results 4,301-4,320 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Tax Code: Tax Code (16 Dec 2009)

Brian Lenihan Jnr: I announced in the Budget that exemptions from the carbon tax will apply only to participants in the EU Emissions Trading Scheme (ETS) in respect of fuels covered. There is scope under the Energy Tax Directive to apply a lower rate of excise duty on auto-diesel in respect of certain local public passenger transport services and certain other commercial users, once the EU minimum rate is...

Written Answers — Credit Unions: Credit Unions (16 Dec 2009)

Brian Lenihan Jnr: At my request, my Officials have been working with the Registrar of Credit Unions, the Irish League of Credit Unions and the Credit Union Development Association to find a solution to this complex issue. The Review Group on Longer-Term Lending Limits under Section 35 of the Credit Union Act 1997 met yesterday 15th December 2009 and has reported substantial progress on a proposal to review...

Written Answers — Tax Code: Tax Code (16 Dec 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that under existing tax legislation a tenant paying rent to a non-resident landlord in respect of property located in the State is obliged to deduct income tax at the standard rate unless the non-resident landlord is assessable and chargeable to income tax in the name of a representative in the State. These provisions are designed to promote greater...

Written Answers — State Banking Sector: State Banking Sector (16 Dec 2009)

Brian Lenihan Jnr: The capital injection by the State of €4 billion into Anglo Irish Bank in 2009 did not impact directly on the GGB. The injection was treated under National Accounting rules as a financial investment, and under Eurostat rules, does not count for GGB accounting purposes. The interest on the €4 billion borrowed in order to make the capital injection does have negative effect on the GGB....

Written Answers — Tax Code: Tax Code (16 Dec 2009)

Brian Lenihan Jnr: I am aware of the provisions recently introduced in the UK where a 50 per cent payroll tax is to be applied to certain banking, investment and financial trading companies in respect of any all bonuses larger than £25,000 awarded by them between 9 December 2009 and 5 April 2010. I am also cognisant that other countries have signalled their interest in introducing similar provisions....

Written Answers — Public Service Staff: Public Service Staff (16 Dec 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 102 to 107, inclusive, together. I am informed by the Revenue Commissioners that the latest relevant historical information available on the incomes of employees taxed under the PAYE system is derived from income tax returns filed for the income tax year 2007 representing about 96% of all returns expected at the time the data were compiled for analytical...

Written Answers — Departmental Properties: Departmental Properties (16 Dec 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that Revenue's Border Midlands West Region has the largest geographical spread of all Revenue regions. The number of small offices located in this region is a legacy of the prior existence of small Customs and Excise stations or Vehicle Registration Offices, which are no longer needed in the context of Revenue's modern service delivery. Generally,...

Written Answers — State Banking Sector: State Banking Sector (16 Dec 2009)

Brian Lenihan Jnr: Anglo Irish Bank is run on an arms length commercial basis by the Board. As with all financial institutions, Anglo's current financial information, including its lending figures, is commercially sensitive, and it would therefore not be appropriate for me to release the information requested by the Deputy. Anglo Irish Bank publishes detailed accounts in line with the requirements for publicly...

Written Answers — State Banking Sector: State Banking Sector (16 Dec 2009)

Brian Lenihan Jnr: As per Anglo Irish Bank's published annual and interim accounts, the total value of loans held by the bank over the last 10 years was as follows: Report Loans and advances to customers Annual report 30 September 1999 € 5,612m Annual report 30 September 2000 € 8,304m Annual report 30 September 2001 €11,522m Annual report 30 September 2002 €14,296m Annual report 30 September 2003...

Written Answers — State Banking Sector: State Banking Sector (16 Dec 2009)

Brian Lenihan Jnr: Anglo Irish Bank is run on an arms length commercial basis by the Board. As with all financial institutions, Anglo's current financial information, including its wage costs, is commercially sensitive, and it would therefore not be appropriate for me to release the information requested by the Deputy. Anglo Irish Bank publishes detailed accounts in line with the requirements for publicly...

Written Answers — Tax Yield: Tax Yield (16 Dec 2009)

Brian Lenihan Jnr: I announced in the Budget that exemptions from the carbon tax will apply only to participants in the EU Emissions Trading Scheme (ETS) in respect of fuels covered. It is estimated that the amount of revenue arising from a carbon tax of €15 per tonne on Marked Gas Oil (MGO) or 'green diesel' used by farmers is €12.5 million in a full year and being applied from 1 May approximately €7...

Written Answers — State Banking Sector: State Banking Sector (16 Dec 2009)

Brian Lenihan Jnr: Anglo Irish Bank is run on an arms length commercial basis by the Board, and consequently data management and the security arrangements for such material is a matter for the Board. Anglo, similar to other banks, maintains files in both physical (hard copy) and electronic (soft copy) format. I am advised that all customer transactions as well as customer static data are held electronically on...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (16 Dec 2009)

Brian Lenihan Jnr: As the Deputy will be aware, the Government has provided €3.5bn in capital to both Allied Irish Bank and Bank of Ireland, in the form of preference shares, to ensure that each bank remained in a position to meet their function as providers of credit into the economy. €4bn in capital has been provided to Anglo Irish Bank by way of ordinary shares, to protect the economy from the wider...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (16 Dec 2009)

Brian Lenihan Jnr: I am advised by the Financial Regulator that the matter raised by the Deputy has been referred to the Garda Síochána for investigation. Accordingly, the Deputy will appreciate that I am not in a position to comment on the matter at this time whist the investigation is on-going.

Written Answers — Banking Sector Regulation: Banking Sector Regulation (16 Dec 2009)

Brian Lenihan Jnr: I understand that the period referred to by the Deputy as the 'peak of the boom' is intended to refer to June 2007. I am informed by the Central Bank that the figures which indicate that the amount of non-bank private sector deposits held at credit institutions' Irish resident offices (item 5, Table C3 in the CBFSAI Monthly Statistics and Quarterly Bulletins) was €280 billion at end October...

Written Answers — Ministerial Staff: Ministerial Staff (16 Dec 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 117 to 119, inclusive, together. Much of the information sought by the Deputy has been laid before the Houses of the Oireachtas as is required under Sections 19(4) and 19(7) of the Ethics in Public Office Act (as amended by Section 13 of the Standards in Public Office Act 2001). I have two Special Advisers. This is in compliance with the Guidelines on...

Written Answers — Ministerial Staff: Ministerial Staff (16 Dec 2009)

Brian Lenihan Jnr: Special Advisers have been employed by Ministers of successive Governments as set out in section 11 of the Public Service Management Act, 1997. Special Advisers perform an essential function and given challenges we now face their advice is of more value and importance than ever. All Special Advisers will, of course, be subject to the public service pay reductions which I announced in my...

Written Answers — Irish Language: Irish Language (16 Dec 2009)

Brian Lenihan Jnr: The number of reports, documents and memos translated into Irish in the period 14th June 2007 to date in 2009 by my Department is 43. Details of the documents and costs of translation are contained in the following tables. Details in respect of documents translated into Irish Year 2007 Document Title Translation costs € Annual Output Statement 2007 €3,044 Annual Report of the...

Written Answers — Tax Yield: Tax Yield (16 Dec 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the yield to the Exchequer from Alcohol Products Tax on the sale of alcohol from 2007 to 2009 is set out as follows: Alcohol Products Tax Yield 2007 2008 2009(to end Nov.) â'¬m â'¬m â'¬m Beer 464.8 427.2 372 Spirits 367.6 350.9 228 Wine 230.2 231.3 219 Cider 68.3 60.6 53 Total 1,130.9 1,069.9 871.5 As the Deputy is aware excise...

Written Answers — Ministerial Travel: Ministerial Travel (16 Dec 2009)

Brian Lenihan Jnr: The amount spent on commercial flights for myself and my predecessor while engaged in Government business in each of the years 2006, 2007, 2008 and to date in 2009 is contained in the following table. 2006 â'¬13,122.00 2007 â'¬3,768.00 2008 â'¬4,604.00 2009 â'¬180.00