Results 6,461-6,480 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Tax Reliefs Application (16 Jul 2015)

Michael Noonan: Section 469 of the Taxes Consolidation Act (TCA) 1997 provides for relief for health expenses defrayed in the provision of health care by an individual on his or her own behalf or on behalf of others. For the purposes of Section 469, health care includes the prevention, diagnosis, alleviation or treatment of an ailment, injury, infirmity, defect or disability but does not include routine...

Written Answers — Department of Finance: Departmental Reports (16 Jul 2015)

Michael Noonan: The Department's Annual Review, highlighting the Department's progress in 2014 was laid before both Houses of the Oireachtas on the 14th May 2015. It can be found on the Department's website. .

Written Answers — Department of Finance: EU Directives (16 Jul 2015)

Michael Noonan: The Deposit Guarantee Scheme (DGS) provides protection of up to €100,000 per saver per credit institution, including credit unions. The scheme gives confidence to depositors that their money is safe in the event that a financial institution gets into financial difficulty. Directive 2014/49/EU is a new Directive in relation to the DGS which is being transposed into...

Written Answers — Department of Finance: Customs and Excise Controls (16 Jul 2015)

Michael Noonan: I am advised by the Revenue Commissioners that the numbers of seizures, in 2014 and to the end of June this year, of various categories of products and goods, the numbers of items seized in each of  those categories and  the values of those seized goods, are set out in the following table. 2014 2015 (to 30thJune) No. of Seizures Quantity Seized Value(€m) No. of...

Written Answers — Department of Finance: Petrol Stretching (16 Jul 2015)

Michael Noonan: I am advised by the Revenue Commissioners that they fully recognise the serious threats that fuel fraud poses to legitimate businesses, motorists and to Exchequer returns. They continue to undertake on an ongoing basis the implementation of a wide-ranging programme of measures to tackle all forms of illegal fraud.  This programme of compliance and enforcement activities are designed to...

Written Answers — Department of Finance: Petrol Stretching (16 Jul 2015)

Michael Noonan: I am advised by the Revenue Commissioners, who are responsible for tackling fuel fraud, that they recognise the serious threats that this criminal activity poses to legitimate businesses, motorists and Exchequer revenues. Action against it is, therefore, a priority for them, and they undertake, on an ongoing basis, an extensive programme of compliance and enforcement activities that are...

Written Answers — Department of Finance: European Central Bank (16 Jul 2015)

Michael Noonan: Under the European Central Bank's Expanded Asset Purchase Programme (EAPP), the eurosystem (comprising the ECB and the national central banks of the euro area) is to purchase €60 billion of public and private assets per month until September 2016 or until there is an improvement in inflation to levels consistent with price stability.  Purchases of sovereign debt began on 9...

Written Answers — Department of Finance: IBRC Expenditure (16 Jul 2015)

Michael Noonan: I am advised by the Special Liquidators that they are not in a position to provide the requested information to me due to commercial confidentiality and ongoing litigation involving the party referred to in the question.

Written Answers — Department of Finance: Pension Provisions (16 Jul 2015)

Michael Noonan: I propose to take Questions Nos. 215 to 220, inclusive, together. The Deputy should be aware that information relating to individual pensions is controlled by the trustees of the specific pension fund concerned and that these pension funds are separate legal entities to the banks. My Department does not therefore have access to the information requested. However, the Deputy might be...

Written Answers — Department of Finance: Central Bank of Ireland Expenditure (16 Jul 2015)

Michael Noonan: I am informed by the Central Bank that the decisions and the costs in relation to Crann an Óir are part of the Central Bank's wider considerations in relation to the move to the new headquarters building on North Wall Quay. A range of options are currently being considered, however, no final decision has been made on the matter.

Written Answers — Department of Finance: Central Bank of Ireland Expenditure (16 Jul 2015)

Michael Noonan: I am informed by the Central Bank that the total costs incurred on the project to 30 May 2015 amount to €17.8 million. In terms of timelines, I am informed by the Central Bank that the current programme foresees completion of construction on site in the last quarter of 2016 with the commencement of occupation of staff thereafter.

Written Answers — Department of Finance: EU Issues (16 Jul 2015)

Michael Noonan: I propose to take Questions Nos. 223 and 227 together. Following a request by the Greek authorities for financial assistance from the European Stability Mechanism (ESM), meetings of euro area Finance Ministers (the Eurogroup) and Heads of State or Government (the HoSG) of the euro area Member States (Euro Summit) were held over the past weekend. The HoSG agreed in principle that they...

Written Answers — Department of Finance: IBRC Expenditure (16 Jul 2015)

Michael Noonan: As the Deputy is aware the progress update report of 12 March 2015 provides details of the fees paid to A&L Goodbody, Linklaters and other legal advisors to 31 December 2014. I am advised by the Special Liquidators that they will not be providing a further breakdown of the fees incurred/paid due to commercial confidentiality (and cognisant of ongoing litigation) and also...

Written Answers — Department of Finance: Tax Clearance Certificates (16 Jul 2015)

Michael Noonan: I am advised by the Revenue Commissioners that following direct contact with the person concerned, his tax affairs are now regularised to Revenue's satisfaction and a tax clearance certificate will be issued within the next few days.

Written Answers — Department of Finance: IBRC Liquidation (16 Jul 2015)

Michael Noonan: As the Deputy will be aware the terms of reference of the proposed Commission of Investigation in relation to IBRC include the following explicit term of reference (1b) dealing with issues of public concern: The Commission shall investigate all transactions, activities and management decisions, other than those relating solely to the acquisition of assets by NAMA which occurred during the...

Written Answers — Department of Finance: National Debt (16 Jul 2015)

Michael Noonan: The information requested by the Deputy is available on Eurostat's and the OECD's websites. For convenience the requested information is reproduced in the following tables. The latest available data on Eurostat's website is for 2014 and is presented in table 1. For comparative purposes with the OECD's data, the 2013 ratio is also shown. The OECD's website is not fully populated with data...

Written Answers — Department of Finance: Tax Code (16 Jul 2015)

Michael Noonan: Regarding the PAYE aspect of the Deputy's question, I am informed by Revenue that applying the Income Tax rates, bands and credits which were in effect in 2008 to the estimated income tax base for 2015 would cost the Exchequer approximately €745 million. I am advised that this is a highly indicative figure, it covers all Income Tax cases (PAYE and self-employed) and does not take into...

Written Answers — Department of Finance: Tax Collection (16 Jul 2015)

Michael Noonan: I am advised by Revenue that a wide range of statistical information is available on the Revenue statistics webpage: . In relation to the Deputy's Question, the latest detailed information on the tax receipts can be found in under the heading Revenue Net Receipts by Taxhead on an annual basis. The relevant lines are Universal Social Charge and Local Property Tax (LPT). The LPT receipts...

Written Answers — Department of Finance: Banking Sector Data (16 Jul 2015)

Michael Noonan: In the period since 2008, significant burden-sharing has been achieved with subordinated/junior bondholders through Liability Management Exercise (LME) transactions completed by the Covered Banks. The purpose of the LMEs was to create additional core tier 1 capital and to strengthen the quality of the capital base of the Banks. Prior to the Central Bank's PCAR, burden sharing with...

Written Answers — Department of Finance: Banking Sector Data (16 Jul 2015)

Michael Noonan: As requested by the Deputy, I can confirm that total receipts of €12.74bn have been received to date, since the bank guarantee and recapitalisation of the banks, from the disposal of investments, investment income, fees and the bank levy introduced in Budget 2014. The tables provides details in this regard for the benefit of the Deputy: 1) Disposal of investments Date Bank ...