Results 4,601-4,620 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Debt Servicing Costs: Debt Servicing Costs (1 Dec 2009)

Brian Lenihan Jnr: The table below sets out the projections for debt servicing costs for the period 2009-2013 as contained in the Supplementary Budget. On the basis of the Supplementary Budget estimates, it is forecast that about one-fifth of our tax revenue would be required to service the national debt by 2013. In this context, it is important to note that debt servicing costs have a first call on resources;...

Written Answers — Fiscal Policy: Fiscal Policy (1 Dec 2009)

Brian Lenihan Jnr: The Pre-Budget Outlook, published on 12 November last, sets out the technical budgetary projections for 2009 and 2010 on a pre-Budget basis. Based on these projections, the Current Budget deficit for 2009 is estimated to be in the region of €12.5 billion, the equivalent of some €240 million per week. As with all other budgetary estimates, a revised forecast for the Current Budget...

Written Answers — EU Funding: EU Funding (1 Dec 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 103 to 106, inclusive, together. North-South remains a high political priority for the Government. In particular, the Government is committed to realising the full potential for the development of all-island co-operation through the North South Bodies established under the Good Friday Agreement. The Government is also committed to maximising the drawdown of...

Written Answers — Tax Code: Tax Code (1 Dec 2009)

Brian Lenihan Jnr: The most recent year for which final information is available on the numbers of taxpayers availing of the home carer tax credit for the whole country and for Waterford city and county is for the income tax year 2006 and are included in the table below. Provisional estimates available on a preliminary basis for the 2007 income tax year, together with the projected numbers availing in the...

Written Answers — EU Funding: EU Funding (1 Dec 2009)

Brian Lenihan Jnr: A number of Government departments and agencies have responsibilities for specific emergency planning functions. In the event of a major emergency, the most appropriate Department or agency is designated as the lead agency to co-ordinate the response to it. In relation to flooding, the Department of the Environment, Heritage and Local Government is chairing the Emergency Response...

Written Answers — Tax Yield: Tax Yield (1 Dec 2009)

Brian Lenihan Jnr: The report on the Analysis of High Income Individuals' Restriction 2007 is published on my Department's website at http://www.finance.gov.ie/documents/publications/reports/200 9/analytaxrestrict09.pdf. I am informed by the Revenue Commissioners that the latest relevant information available is derived from income tax returns filed for the income tax year 2007. These returns indicated that...

Written Answers — Tax Yield: Tax Yield (1 Dec 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the only data available in relation to the taxable income of non-residents comes from income tax returns filed in Ireland by those non-resident individuals who have Irish-source income or income derived from working in Ireland. The available data does not distinguish between citizens and non-citizens. For the 2007 tax year, the latest year for...

Written Answers — Budget Submissions: Budget Submissions (1 Dec 2009)

Brian Lenihan Jnr: I have received a pre Budget submission from the organisation in question. It is policy to review all pre Budget submissions as part of the budgetary process. I would draw to the Deputy's attention that it is the usual practice for the Minister for Finance not to speculate or comment in advance of the Budget on what it will contain and I do not propose to deviate from that practice.

Written Answers — Pension Provisions: Pension Provisions (1 Dec 2009)

Brian Lenihan Jnr: The tabular statement below, based on returns from the relevant Bodies, shows the assets and liabilities at 31 December 2008 of the covered pension funds listed in Schedule 1 of the Financial Measures (Miscellaneous Provisions) Act 2009. This is the latest date for which the information requested is available. The Deputy may wish to note that asset values for pension funds in general have...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (1 Dec 2009)

Brian Lenihan Jnr: As the Deputy is aware, yesterday I published the draft Credit Institutions (Eligible Liabilities Guarantee) Scheme or ELG Scheme, and I intend to bring this Scheme, which has received EU State aid approval, before the Houses of the Oireachtas on 3 December next. Term deposits with a term of up to five years will be covered by the ELG Scheme, regardless of the nature of the depositor or the...

Written Answers — Job Creation: Job Creation (1 Dec 2009)

Brian Lenihan Jnr: The Renewed Programme for Government provides for the taking on of 1,000 Third and Fourth level graduates to provide additional capacity and skills across the Public Service and in Government Departments and to provide valuable work experience. These would be work placements as distinct from additional posts in the Public Service. As indicated in my reply of 3 November my Department is...

Written Answers — Tax Collection: Tax Collection (1 Dec 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the latest relevant sector-based information available is derived from income tax returns filed for the income tax year 2007 and is set out in the tables below. Private Sector Employees Range of Gross Income Number of Cases Amount of Income Amount of Tax €0 - €10,000 364,551 €1,706,897,395 €672,651 €10,001 - €20,000 328,581...

Written Answers — Departmental Expenditure: Departmental Expenditure (1 Dec 2009)

Brian Lenihan Jnr: The heating costs for the buildings from which my Department operates amounted to €124,360 in 2008. The table below sets out the costs for heating the buildings occupied by the various bodies which come under the aegis of my Department. Some heating costs are included in the service charge paid to landlords and are not therefore identifiable as a separate cost. In addition, electricity...

Written Answers — Tax Collection: Tax Collection (1 Dec 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the most recently completed historical data available on incomes is in respect of the income tax year 2007. On this basis the information requested in relation to income earners earning over €100,000 by reference to income quartiles is set out in the tables below. To assemble the figures by income quartile, the total number of income earners...

Written Answers — Tax Code: Tax Code (1 Dec 2009)

Brian Lenihan Jnr: Correspondence has been received from the business in question. The windfall tax rate of 80%, which was introduced under the National Asset Management Agency Act, will apply to the portion of any profit or gain made on the disposal of land which is attributable to a rezoning, where both the rezoning and the disposal of land giving rise to the windfall occur after 30 October 2009. The...

Written Answers — Tax Collection: Tax Collection (1 Dec 2009)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that they last wrote to the person concerned on 21 October 2009 and are awaiting a full reply to that letter.

Written Answers — Tax Collection: Tax Collection (26 Nov 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the following table sets out the number of claims and the monies paid to farmers in VAT refunds each year for the past five years. These figures relate to farmers who are not registered for VAT. Farmers who are registered for VAT account for their VAT transactions, including any refunds due to them through the normal VAT system. Year Number of...

Written Answers — Vehicle Registration Numbers: Vehicle Registration Numbers (26 Nov 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that under the Finance Act 1992 they have responsibility for the legislation governing vehicle identification marks (registration plates) in the State. Section 131(6)(a) of that Act provides that the identifying mark (registration number) assigned to a vehicle, that has been registered in the State, must be displayed in the format prescribed by the...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (26 Nov 2009)

Brian Lenihan Jnr: As the Deputy is aware, the report of the Covered Institutions Remuneration Committee (CIROC) was placed before the House on 13 March 2009. The Government considers the CIROC recommendations regarding remuneration of chief executives including bonuses, pensions, long term incentive plans, which includes stock options, are appropriate but that basic salary level should be capped at €500,000...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (26 Nov 2009)

Brian Lenihan Jnr: The Deputy will be aware that I have intervened in the matter of the level of salary for the incoming managing director to ensure that it is in line with the CIROC recommendations and the Government's cap on basic salary of €500,000.