Results 4,901-4,920 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Tax Collection: Tax Collection (11 Nov 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the postal address and telephone contact numbers for each Revenue District in the Dublin Region are displayed on one page in the "State Directory" section of the telephone book. There are two public offices for personal callers within the region, and details for those offices are displayed on that page of the telephone book under the heading...

Written Answers — Tax Code: Tax Code (11 Nov 2009)

Brian Lenihan Jnr: The position is that health expenses relief may be claimed by all taxpayers in respect of "non-routine" dental treatment in accordance with Section 469 of the Taxes Consolidation Act 1997. In order to claim the relief, an individual must hold a completed form Med 2 (Dental) signed and certified by the dental practitioner. Full information on qualifying treatments and on how to submit a...

Written Answers — Tax Code: Tax Code (11 Nov 2009)

Brian Lenihan Jnr: The Commission on Taxation proposed the abolition, retention and amendment of certain reliefs. No costings were provided for the amended reliefs. Set out below is the table of recommendations for abolition and the corresponding savings. Ref Commission on Taxation Recommendations - Tax Expenditures for ABOLITION Yield Estimate €m 8.12 TAX EXPENDITURES - CHILDRENThe capital allowances...

Written Answers — Tax Code: Tax Code (11 Nov 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the information requested by the Deputy is as follows in respect of the income tax year 2009. 2009 Distribution of Income earners by Personal Status and Tax Rate Exempt(Standard rate liability fully covered by credits or Age Exemption Limits) Marginal Band Paying tax at the standard rate rate (including those whose liability at the higher rate...

Written Answers — Tax Code: Tax Code (11 Nov 2009)

Brian Lenihan Jnr: As Deputy is aware the Finance Act 2009 introduced legislative changes to the income levy to bring into effect an increase in rates and a reduction in rate thresholds from 1 May 2009. As a result of the legislative changes two sets of income levy rates and thresholds apply to different periods in 2009. In addition, the Finance Act 2009 introduced composite annualised rates to be applied for...

Written Answers — Tax Yield: Tax Yield (11 Nov 2009)

Brian Lenihan Jnr: The Supplementary Budget forecast that €12.5 billion in Income Tax receipts would be collected in 2009, of which approximately €1.1 billion would come from the Income Levy. At end-October, Income Tax was €625 million behind profile with overall tax receipts €1,074 million below target. My Department now expects that overall tax revenues will finish the year in the region of €2...

Written Answers — National Lottery Funding: National Lottery Funding (11 Nov 2009)

Brian Lenihan Jnr: The surplus generated by the National Lottery is surrendered to the Exchequer and is allocated to a number of Government Departments in the context of the annual Estimates process. The attached copies of Appendix 1 of the Revised Estimates for Public Services for each of the years 2006 to 2009 gives a breakdown by Department of subheads which were part funded by the surplus received from the...

Written Answers — Pension Provisions: Pension Provisions (10 Nov 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 145 and 148 together. 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. The asset figures have in general improved in the interim but are subject to market fluctuations....

Written Answers — Tax Code: Tax Code (10 Nov 2009)

Brian Lenihan Jnr: Section 473A of the Taxes Consolidation Act 1997 provides, subject to certain conditions, for tax relief at the standard rate of income tax (20%) on qualifying fees, paid by an individual in respect of third level education courses including postgraduate courses. Qualifying fees means tuition fees paid in respect of an approved course at an approved college. The maximum limit on such...

Written Answers — Tax Code: Tax Code (10 Nov 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 150 and 151 together. I am informed by the Revenue Commissioners there is no register or list of so called 'tax exiles'; there is nothing in Irish tax law that makes reference to 'tax exile status'. The taxation of individuals in the State is in line with that prevailing in most other OECD jurisdictions, that is to say – (a) Individuals who are resident in...

Written Answers — Revenue Investigations: Revenue Investigations (10 Nov 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the taxation affairs of the above company are currently under active investigation and that they are not in a position to deal with any repayments at present. The refusal to issue the VAT repayment has been appealed and is listed for hearing by the Appeal Commissioner on Thursday 19th November 2009.

Written Answers — Banking Sector: Banking Sector (10 Nov 2009)

Brian Lenihan Jnr: I have no function in regard to the level of ECB lending as this is a matter for the ECB and the associated national central banks, and it would be inappropriate for Ministers to comment on specific institutions in that regard. AIB and Bank of Ireland gave certain commitments to make funds available as part of recapitalisation and figures on their SME lending form part of the supplementary...

Written Answers — Financial Regulator: Financial Regulator (10 Nov 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 154 and 155 together. Under the terms of the Central Bank Act 1942, as amended, the Financial Regulator is responsible for the regulation and supervision of the financial system and also the promotion and protection of the interest of consumers of financial services. In the exercise of these functions, the Financial Regulator is independent of the Minister...

Written Answers — National Aquatic Centre: National Aquatic Centre (10 Nov 2009)

Brian Lenihan Jnr: The responsibility for making valuations and issuing valuation certificates for rating purposes under the Valuation Act, 2001 rests with the Commissioner of Valuation. There is provision for the ratepayer to make representations before the valuation becomes effective. If the ratepayer is dissatisfied with the outcome of his representations there is a right of appeal, also embodied in the Act,...

Written Answers — Tax Code: Tax Code (10 Nov 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the information requested by the Deputy is as follows in respect of the income tax year 2009. Tax year Exempt(Standard rate liability fully covered by credits or Age Exemption Limits) Marginal Band Paying tax at the standard rate (including those whose liability at the higher rate is fully offset by credits) Higher rate Liability not fully off...

Written Answers — Tax Code: Tax Code (10 Nov 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the total identifiable costs to the Exchequer of all income tax and corporation tax allowances, reliefs, exemptions and tax credits available, are set out in the following tables for 2006, the most recent year for which the necessary detailed historical information is available. Relevant notes relating to items in the tables are also included....

Written Answers — Employment Law: Employment Law (10 Nov 2009)

Brian Lenihan Jnr: Policy issues relating to redundancy, company law and employment law and the Office of the Director of Corporate Enforcement, are a matter for my colleague the Tánaiste and Minister for Enterprise, Trade and Employment Ms Mary Coughlan in the first instance. I can confirm that this company does not have any contracts directly with my Department. The position in other Departments or...

Written Answers — Vehicle Registration: Vehicle Registration (10 Nov 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that under section 132 of Finance Act 1992, vehicle registration tax (VRT) is chargeable, leviable and payable on the registration of vehicles in the State. There is no provision in law for the exemption from, or reduction in, the charge to VRT in relation to vehicles that were previously registered in another jurisdiction. I would add that VRT is a...

Written Answers — Departmental Telephony: Departmental Telephony (10 Nov 2009)

Brian Lenihan Jnr: My Department has examined Skype and equivalent services, and agrees that it offers potential to reduce telephony costs. However, Skype is just one provider of public IP-based telephony services and there are numerous other ways in which IP-based telephony can be provided. Under procurement law, and to ensure maximum competition, my Department and all public bodies must give equal...

Written Answers — Banking Sector: Banking Sector (10 Nov 2009)

Brian Lenihan Jnr: As a condition of EU State Aid approval given earlier this year in relation to the €4 billion capital injection, the bank is not allowed to engage in new lending except to existing customers for existing projects. This was further elaborated on in the Subscription Agreement between the bank and the Minister at the time of the payment of the €4 billion. The specific figure for new lending...