Results 501-520 of 9,948 for speaker:Brian Lenihan Jnr in 'Written Answers'

Written Answers — Tax Yield: Tax Yield (16 Nov 2010)

Brian Lenihan Jnr: I have no information on the amount of money that is held privately in households, nor have I information on the amount of interest that is lost to such persons because they choose not to open deposit accounts for this cash. In the absence of this information, it is not possible to estimate how much Deposit Interest Retention Tax or other taxes may have been lost to the Exchequer.

Written Answers — Tax Reliefs: Tax Reliefs (16 Nov 2010)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that PAYE Balancing Statements P21 for the year 2009 issued to the person concerned on 4 August 2010 and 10 August 2010. A further claim was received from the person concerned on 1 October 2010 in respect of interest paid. Tax relief at source was granted by the financial institution in relation to this interest so no additional tax relief is...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (16 Nov 2010)

Brian Lenihan Jnr: Historically, repossessions in Ireland have been low and this continues to be the case. Recent statistics from the Central Bank show that all financial institutions operating in Ireland hold a relatively small number of repossessed houses. The Deputy will appreciate that disposal of repossessed houses is a commercial decision for the institution concerned.

Written Answers — Public Service Contracts: Public Service Contracts (16 Nov 2010)

Brian Lenihan Jnr: I have no proposals of the kind referred to by the Deputy. However the Government is supporting a Bill concerning payments to sub-contractors in the Construction Sector, which is currently before the Seanad.

Written Answers — Industrial Relations: Industrial Relations (16 Nov 2010)

Brian Lenihan Jnr: Voluntary exit packages for implementation in the public service are determined having regard to a number of factors, in particular the business needs of the organisation and the financing available. The Government has however indicated that any party that chooses to remain outside the provisions of the Agreement or that opposes its implementation cannot expect to benefit from the principal...

Written Answers — Fiscal Policy: Fiscal Policy (16 Nov 2010)

Brian Lenihan Jnr: In Budget 2010, I announced the Government's intention to launch a National Solidarity Bond, the purpose of which is to allow citizens an opportunity to invest and provide money to the State to stimulate economic recovery and to assist in the maintenance and creation of employment. The necessary legislative basis was provided in this year's Finance Act and the Bond was launched on Tuesday 4...

Written Answers — Departmental Staff: Departmental Staff (16 Nov 2010)

Brian Lenihan Jnr: There are currently no plans to introduce a revised incentivised early retirement scheme for the civil service.

Written Answers — Industrial Disputes: Industrial Disputes (16 Nov 2010)

Brian Lenihan Jnr: The question of payment and the timing of payment to any party in a contract will depend on the terms in that contract. In regard to public works contracts the payment terms of a sub-contract is a matter between the main contractor and a sub-contractor. The matter of State compensation does not arise.

Written Answers — Departmental Staff: Departmental Staff (16 Nov 2010)

Brian Lenihan Jnr: The number of appeals heard by the Civil Service Disciplinary Appeals Board in each of the years 2007, 2008, 2009 and to date in 2010 is provided in the following table. Year Number of appeals before the Board 2007 2 appeals taken by the Chairperson 2008 6 appeals taken by the Chairperson 2009 7 appeals taken by the Chairperson1 appeal taken by the Deputy Chairperson 2010 to date 3...

Written Answers — Disabled Drivers: Disabled Drivers (16 Nov 2010)

Brian Lenihan Jnr: The Disabled Drivers Medical Board of Appeal deals with appeals under the Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme. It constitutes a Chairperson and a panel of medical doctors. In addition to the Chairperson, two doctors from the panel attend each Appeal Board sitting. All appointments to the Medical Board of Appeal are made by the Minister for Finance on the...

Written Answers — Financial Services Regulation: Financial Services Regulation (16 Nov 2010)

Brian Lenihan Jnr: The Central Bank Act, 1942 (as amended) by the Central Bank and Financial Services Authority of Ireland Act 2003 provided for the establishment of the Irish Financial Services Appeals Tribunal (IFSAT). IFSAT is an independent body providing for appeals against certain decisions made by the Central Bank (formerly known as the Financial Regulator) including administrative sanctions. The Act...

Written Answers — Valuation Tribunal: Valuation Tribunal (16 Nov 2010)

Brian Lenihan Jnr: The Valuation Tribunal is an independent statutory body which was established under the Valuation Act, 1988 and continues under the Valuation Act, 2001. The role of the tribunal is as follows: (1) In accordance with section 37 of the Valuation Act, 2001, It hears and decides appeals against decisions of the Commissioner of Valuation on the valuation and revaluation of commercial properties...

Written Answers — Informal Economy: Informal Economy (16 Nov 2010)

Brian Lenihan Jnr: Internationally, a considerable amount of research has been undertaken in this area but, by definition, it is always difficult to quantify the scale of the informal economy. The Government is taking costs out of businesses and, since 2007, measures we have implemented have saved small firms €20 million in red tape overheads. My colleague, the Minister for Enterprise, Trade and Innovation...

Written Answers — Tax Yield: Tax Yield (16 Nov 2010)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that due to the varying nature of the different taxes and the timing of payment and statutory return obligations, it is their practice to publish data in relation to tax debts on an annual basis. This facilitates meaningful comparative analysis. The latest published figures for outstanding taxes, showing the position as at 31 March 2010, is as...

Written Answers — Single Euro Payments Area: Single Euro Payments Area (16 Nov 2010)

Brian Lenihan Jnr: For some years now the EU payments industry has been working to improve cross-border business activity by developing a pan-European electronic payments system for payments in euro, known as SEPA (the Single Euro Payments Area). SEPA will be an area where consumers and companies can make and receive electronic payments in euro in Europe – whether between or within national boundaries, under...

Written Answers — Tax Statements: Tax Statements (16 Nov 2010)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that a PAYE P21 balancing statement for the year 2009 will issue to the person concerned shortly.

Written Answers — Construction Contracts: Construction Contracts (16 Nov 2010)

Brian Lenihan Jnr: All firms tendering for projects, including firms from outside this jurisdiction, must tender on the basis of the terms of the contract that are included in the tender documents. In the case of public sector projects, the standard forms of contracts that are used include provisions requiring compliance with the Registered Employment Agreements (REAs). The National Employment Rights...

Written Answers — Tax Code: Tax Code (16 Nov 2010)

Brian Lenihan Jnr: I have stated previously that it is my intention to widen, if possible, the tax base on which betting duty would be applied. We have a situation where bets placed through one platform, namely betting shops, are subject to 1% betting duty but bets placed through other platforms are generally not. This is because bets placed either online or over the phone are generally with out-of-State...

Written Answers — Tax Code: Tax Code (16 Nov 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 148 and 149 together. The annual turnover threshold for VAT registration depends on the nature of the business carried on. In general, there are two thresholds: the goods threshold, which is currently €75,000, and the services threshold, which is €37,500. Where 90 per cent or more of the turnover of a person or company consists of the supply of taxable...

Written Answers — Informal Economy: Informal Economy (16 Nov 2010)

Brian Lenihan Jnr: My Department does not produce estimates of the size of the informal economy nor of the estimated number of persons participating in such activities. Internationally, a considerable amount of research has been undertaken in this area but, by definition, it is always difficult to quantify the scale of the informal economy. Having said that, the Central Statistics Office in compiling estimates...