Results 4,801-4,820 of 16,537 for speaker:Brian Lenihan Jnr
- Pre-budget Outlook: Statements (17 Nov 2009)
Brian Lenihan Jnr: -----to reflect upon those figures and to take the necessary decisions which are essential-----
- Pre-budget Outlook: Statements (17 Nov 2009)
Brian Lenihan Jnr: -----to place this country on the road to economic recovery.
- Pre-budget Outlook: Statements (17 Nov 2009)
Brian Lenihan Jnr: That is not correct.
- Written Answers — Tax Code: Tax Code (12 Nov 2009)
Brian Lenihan Jnr: I propose to take Questions Nos. 122, 123 and 130 together. A meeting took place with Ryanair to discuss a range of issues and the air travel tax arose in that context. It is policy to review all taxes in the lead up to the Budget, however, there is no specific review of the air travel tax.
- Written Answers — Tax Yield: Tax Yield (12 Nov 2009)
Brian Lenihan Jnr: The 2009 estimate of receipts in respect of the health levy is â¬1,892m following the doubling of the levy in the 2009 Supplementary Budget. Health levy receipts to end-October amount to â¬1,217m. The Health Levy is charged at 4 per cent on all income once above the threshold of â¬26,000 and 5 per cent on all income in excess of â¬75,036 per annum. Those with incomes below the income...
- Written Answers — Tax Clearance Certificates: Tax Clearance Certificates (12 Nov 2009)
Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that based on the information available to them the persons concerned are entitled to a married personal tax credit of â¬3,660 and two employee tax credits (PAYE) of â¬1,830, giving gross tax credits of â¬7,320 per annum.
- Written Answers — Insurance Industry: Insurance Industry (12 Nov 2009)
Brian Lenihan Jnr: I propose to take Questions Nos. 126 and 127 together. I am aware that there has been an increase in motor insurance premiums this year. This increase however has to be considered against a backdrop of the continuing stress in the financial markets and the recessionary pressures in the economy which is affecting all financial service providers including the insurance industry. My Department...
- Written Answers — Tax Code: Tax Code (12 Nov 2009)
Brian Lenihan Jnr: In line with the normal practice, I do not propose to comment at this time on what may or may not be included in Budget 2010.
- Written Answers — Tax Code: Tax Code (12 Nov 2009)
Brian Lenihan Jnr: VAT law is governed by the EU VAT Directive to which Irish VAT law must comply. Under the VAT Directive it is possible for Member States to operate up to two reduced rates, as low as 5% to all the goods and services that are listed in Annex III of the Directive. Newspapers are listed in Annex III and are subject to the reduced rate of 13.5% in Ireland. With regard to further reducing the...
- Written Answers — Tax Collection: Tax Collection (12 Nov 2009)
Brian Lenihan Jnr: I am advised by the Revenue Commissioners that, as the person in question ceased their employment on the 2nd October 2009, they may accordingly be entitled to an unemployment repayment for this year. Revenue have forwarded this customer a repayment claim form, P50, and, on receipt of the completed form, will be in a position to examine the claim and repay any refund due.
- Written Answers — Public Sector Staff: Public Sector Staff (12 Nov 2009)
Brian Lenihan Jnr: As I have stated previously, the position regarding persons on panels arising from Civil Service competitions is that panels from open competitions generally stay in place until the next competition is held. Interdepartmental promotion panels have a definite life span and this is agreed centrally with the relevant Civil Service union. In the context of the Moratorium, a decision has been...
- Written Answers — Tax Yield: Tax Yield (12 Nov 2009)
Brian Lenihan Jnr: It is currently estimated that the air travel tax will yield â¬125 million in a full year. I have no plans to abolish the air travel tax.
- Written Answers — Tax Yield: Tax Yield (12 Nov 2009)
Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the full year yield to the Exchequer, estimated by reference to 2010 incomes, from applying a 3% income levy to all personal income including rental income, excluding social welfare income and with no threshold or ceiling but exempting those who are earning less than â¬352 per week (annual equivalent â¬18,304), is estimated to be of the order...
- Written Answers — Fiscal Policy: Fiscal Policy (12 Nov 2009)
Brian Lenihan Jnr: With regard to reducing VAT, you will appreciate 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. In relation to proposals for a special tax designation status for all towns designated hubs and gateways in the national spatial strategy, I have been...
- Written Answers — Disabled Drivers: Disabled Drivers (12 Nov 2009)
Brian Lenihan Jnr: A special Interdepartmental Review Group reviewed the operation of the Disabled Drivers Scheme. It examined the current benefits, the qualifying medical criteria, the Exchequer costs, relationship with other schemes and similar schemes in other countries. The report also made a number of recommendations, both immediate and long-term, referring respectively to the operation of the appeals...
- National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)
Brian Lenihan Jnr: I do not have much to add to what has been said. The amendment speaks for itself.
- National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)
Brian Lenihan Jnr: The business plan will be drawn up by the board of NAMA. On the difficulties in the hotel sector, I have not yet had an opportunity to examine the report to which Deputy Burton referred. Clearly, the board of NAMA will have to take a commercial view on what is appropriate for the sector in the context of whatever banks assets it takes over in the sector. While I am aware that there are...
- National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)
Brian Lenihan Jnr: The amendments deal with the designation of assets in participating institutions and, therefore, their purpose is to clarify as a matter of legal definition what assets are transferred to the agency by a participating institution. Deputy Burton raised two entirely separate questions. One relates to the persons who owe money to participating institutions and she suggested by inference they...
- National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)
Brian Lenihan Jnr: NAMA does.
- National Asset Management Agency Bill 2009: From the Seanad (12 Nov 2009)
Brian Lenihan Jnr: Theoretically it has the power but I cannot envisage its exercise. It is an unlikely position for NAMA to adopt. The agency has an option not to take particular assets and I can see where that could arise.