Results 4,621-4,640 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: EU Budget Contribution (28 Jan 2016)

Michael Noonan: EU Budget payments are published annually by the Department of Finance in the Budget Statistics bulletin. The latest edition from October 2015 contains this data up to 2014. Member State contributions to the EU Budget are based upon a complex formula which includes Traditional Own Resources (customs duties), a VAT-based payment and a residual balancing component paid in...

Written Answers — Department of Finance: European Investment Bank Loans (28 Jan 2016)

Michael Noonan: The European Investment Bank (EIB) is the long-term financing institution of the European Union. Its mission is to help implement the EU's policy objectives by providing financing to projects that address these objectives. The EIB may lend to lend to Governments, public sector bodies, commercial semi-state bodies or private sector entities. The Deputy will find below a table with a...

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

Michael Noonan: I am informed by the Revenue Commissioners that the betting duty paid in 2015 and the estimated betting duty for 2016 is as follows: Betting Receipts Traditional Online Commission Total Year €m €m €m €m 2015 (Prov) 27.8 3.0* 0.3* 31.1 2016 (Est) 31.6 18.5 1.8 52.0* The Betting (Amendment) Act 2015 came into effect on 1stAugust 2015 providing for the...

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

Michael Noonan: I am advised by the Revenue Commissioners that a wide range of statistical information is available on the Commissioners' Statistics webpage: . In relation to the Deputy's specific question, the latest information on the cost and numbers benefiting from tax relief under Section 848A of the Taxes Consolidation Act, 1997, which provides for a scheme of tax relief on donations to approved bodies...

Written Answers — Department of Finance: Revenue Commissioners Investigations (28 Jan 2016)

Michael Noonan: I am advised by the Revenue Commissioners that payments of the kind referred to by the Deputy are made only in certain defined and limited circumstances. The approval of such a payment by Revenue is conditional on the provision of new and/or significant information which results in a substantial recovery of taxes and/or duties, controlled drugs and/or prohibited goods. I understand that no...

Written Answers — Department of Finance: State Claims Agency (28 Jan 2016)

Michael Noonan: The National Treasury Management Agency (NTMA) has advised that it employs 30 solicitors and 3 barristers that are assigned to its State Claims Agency (SCA) function. 16 solicitors are employed as clinical claims managers, being specialists in the management of clinical negligence claims, whilst 11 solicitors are employed as in-house litigation managers. Two solicitors are...

Written Answers — Department of Finance: Banking Sector Data (28 Jan 2016)

Michael Noonan: Since 2011 a number of banks have ceased operating in Ireland or have been merged into another institution (Anglo Irish Bank, Irish National Building Society, ACC, Bank of Ireland Scotland, Postbank, EBS and First Active). That said, a number of new entities have also become regulated providers of financial services in that time. My Department has the following data available in...

Written Answers — Department of Finance: Revenue Documents Issuance (28 Jan 2016)

Michael Noonan: I am advised by Revenue that the total number and value of certificates issued to Sheriffs and the amount of tax/interest collected in each of the years 2013 to 2015 is set out in the table below. Year No. of certificates Value €million Tax/Interest collected €million 2013 28,795 €312 €150 2014 30,927 €284 €149 2015 28,477 €242 €143

Written Answers — Department of Finance: Tax Code (28 Jan 2016)

Michael Noonan: I have no plans to introduce a specific allowance for capital acquisitions tax (CAT) purposes in respect of the inheritance of the family home. It is already the case that an individual or individuals who are gifted or inherit the residence which is their home can, subject to conditions, be completely exempt from CAT in respect of that gift or inheritance. Otherwise, the values of assets...

Written Answers — Department of Finance: Property Tax Administration (28 Jan 2016)

Michael Noonan: I am advised by Revenue that according to its records the person in question opted to pay his 2016 Local Property Tax (LPT) liability using the Payment Service Provider (PSP) method. On foot of the Deputy's Question, Revenue made direct contact with the person who confirmed that he selected the PSP option in error and wished to meet his 2016 LPT liability via weekly deductions from his...

Written Answers — Department of Finance: Vehicle Registration (28 Jan 2016)

Michael Noonan: I am advised by Revenue that the car in question does not appear to have been presented for registration. If the person concerned wishes to query the value they should contact Revenue's Central Vehicle Office at 053-9161200.

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (28 Jan 2016)

Michael Noonan: As the Deputy is aware, the Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provides relief from VAT and VRT (up to a certain limit) on the purchase of an adapted car for transport of a person with specific severe and permanent physical disabilities, a fuel grant, and an exemption from Motor Tax. I note the comments in the letter attached by the Deputy. I understand...

Written Answers — Department of Finance: Credit Unions (28 Jan 2016)

Michael Noonan: As I previously advised the Deputy, the credit union sector is aware of the need to consider ways of increasing its income and developing its business model. I am pleased that this topic is being seriously considered and that various options are being explored by the sector. My Department has received a number of proposals in relation to social housing. While the Department of...

Written Answers — Department of Finance: Tax Collection (28 Jan 2016)

Michael Noonan: I am advised by Revenue that an appeal has been lodged by the person concerned against assessments raised by Revenue. These assessments were raised in the absence of agreement on the quantum of tax due by the person concerned. The matter will be progressed further in light of the outcome of that appeal.

Written Answers — Department of Finance: Living City Initiative (28 Jan 2016)

Michael Noonan: I am advised by the Revenue Commissioners that, in relation to the Living City Initiative, applications are only required to be made to the relevant local authority under the residential element of the scheme. Applications are not required to be made under the commercial element of the scheme.  Based on information received from the City and County Councils to date, the numbers of...

Written Answers — Department of Finance: Liquor Licensing Laws (28 Jan 2016)

Michael Noonan: I am informed by the Revenue Commissioners that the structure of licences for pubs and off-licences is provided for under the liquor licensing laws. With regard to off-licences, a separate licence is required to sell spirits, wine, beer, cider or sweets for consumption off the premises. The duty for each licence is €500 and is charged on a flat rate basis. Therefore, the annual...

Written Answers — Department of Finance: Tax Yield (28 Jan 2016)

Michael Noonan: I am advised by the Revenue Commissioners that their Headline Results, which they publish each year on their website, provide details of the compliance yield arising from the various compliance programmes conducted by Revenue. These are available on Revenue's website at and are shown on Page 3 of the annual Headline Results reports.

Written Answers — Department of Finance: Departmental Reports (28 Jan 2016)

Michael Noonan: In response to the Deputy's question please see below in tabular form, the reports, reviews and studies commissioned by my Department (table 1), or agencies under the aegis of my Department (table 2) commissioned, since 9 March 2011, by date of commission, by date of completion, by date of publication and by cost. Table 1 Department of Finance Name External Consultant Report Cost...

Written Answers — Department of Finance: Strategic Banking Corporation of Ireland (28 Jan 2016)

Michael Noonan: The Strategic Banking Corporation of Ireland (SBCI) was created to ensure increased lending, at a lower cost, to Irish SME's by channelling lower cost financing from European Investment Bank (EIB) and KfW though lending partners known as on-lenders. The SBCI was launched in February 2015, and commenced lending via its initial on-lending partners, Bank of Ireland and AIB, in March 2015. KfW,...

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

Michael Noonan: A comprehensive analysis of the high earners restriction is published on an annual basis. These reports are available at my Department's website, http://and the website of the Revenue Commissioners at At the time of publication, I also sent a copy of the reports to each of the main opposition Finance spokespersons. The latest full year for which information is available is 2013 and...