Results 6,801-6,820 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Tax Collection: Tax Collection (6 May 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the taxpayer's claim was processed on the 14th April 2009. No tax refund issued as no tax had been deducted in the taxpayer's employment in 2009.

Written Answers — Pension Provisions: Pension Provisions (6 May 2009)

Brian Lenihan Jnr: The rationale for giving tax relief for contributions to various types of retirement savings products is to encourage and promote savings over the long term in order that individuals will have an adequate replacement income in old age. A pension fund is not a "rainy day" fund in the normal sense of that term. Emerging demographic indicators point to increasing numbers of people living longer,...

Written Answers — Tax Collection: Tax Collection (6 May 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that there is no record of receipt of an application for the relevant Tax Clearance Certificate from the person (details supplied) who has been contacted by the Sligo Revenue Office. An application Form TC1 has been posted to him and he has been informed that he may also apply electronically. His application, when received, will be processed at the...

Written Answers — Tax Collection: Tax Collection (6 May 2009)

Brian Lenihan Jnr: I have been informed by the Revenue Commissioners that the application for a tax refund by the person in question has been processed and a cheque will issue.

Written Answers — Departmental Expenditure: Departmental Expenditure (6 May 2009)

Brian Lenihan Jnr: My Department has already been analysing the labour intensity of capital projects with a view to redirecting resources in that regard on an ongoing basis. We are also very aware of the need to boost employment. The Government has already reallocated €150 million from within the overall capital allocation for 2009 in February last, to areas that, while providing a high economic return to...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (6 May 2009)

Brian Lenihan Jnr: A number of steps have been taken in the areas the Deputy refers to since the publication of the Framework document in December 2008. The Financial Regulator published its Code of Conduct on Mortgage Arrears on 13 February 2009 in keeping with the Government's announcement on recapitalisation. The new mandatory Code builds on the existing voluntary Code of Practice issued by the Irish...

Written Answers — Tax Code: Tax Code (6 May 2009)

Brian Lenihan Jnr: The provisions of section 31 of the Finance (No 2) Act 2008 provide for relief from corporation tax for their first 3 years of operation for companies incorporated on and from 14 October 2008 that commence to carry on a new trade in 2009. The tax treatment of restricted and forfeitable shares was put on a statutory basis in Section 12 of Finance (No. 2) Act 2008. As regards Section 31, the...

Written Answers — Public Procurement Policy: Public Procurement Policy (6 May 2009)

Brian Lenihan Jnr: The National Public Procurement Policy Unit (NPPOU) has been established in the Office of Public Works. The NPPOU will manage the purchase of goods and services common to all areas of the public service, e.g. office equipment, furniture and fittings, fuel, electricity, printing, stationery and office supplies, uniforms and transport fleets. Staff seconded to the Unit will be required to have...

Written Answers — Public Service Staff: Public Service Staff (6 May 2009)

Brian Lenihan Jnr: Since the publication of the Report "Building Ireland's Smart Economy A Framework for Sustainable Economic Renewal" and the Report of The Task Force on the Public Service, the Government has established a Cabinet Committee, chaired by the Taoiseach and a Steering Group of Secretaries General, to support the work of the Cabinet Committee. The Cabinet Committee has held three meetings to date...

Written Answers — Tax Code: Tax Code (6 May 2009)

Brian Lenihan Jnr: The Financial Emergency Measures in the Public Interest Act 2009 introduced a pension-related deduction of 3% on the first €15,000, 6% on the next €5,000 and 10% on the remainder of the remuneration of public servants. In order to ameliorate the impact of the deduction on lower paid public servants with a partial offset by an increase on earnings above €60,000, new rates and bands...

Written Answers — Tax Code: Tax Code (6 May 2009)

Brian Lenihan Jnr: As the Deputy is aware, I announced in Budget 2009 that an air travel tax would come into force in respect of passengers departing from Irish airports on and from 30 March 2009. A general rate of €10 per passenger would apply, with a lower rate of €2 for shorter journeys. The Finance (No. 2) Act 2008 confirms the introduction of an air travel tax from 30 March 2009. However, I took...

Written Answers — Tax Code: Tax Code (6 May 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 177 and 179 together. Public servants who are members of public service pension schemes are liable to pay the pension-related deduction legislated for in the Financial Emergency Measures in the Public Interest Act 2009. On this basis, third-level researchers on fixed-term and temporary contracts must pay the deduction, since they are members of the relevant...

Written Answers — Tax Collection: Tax Collection (6 May 2009)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that they have no record of having received a claim in respect of a tax refund for tuition fees paid by the person (details supplied). To qualify for relief the postgraduate course must: • be carried out in an approved College (National College of Ireland is an approved college) • be of at least one academic year but no more than 4 academic years...

Written Answers — Economic Competitiveness: Economic Competitiveness (6 May 2009)

Brian Lenihan Jnr: The report on the Implications of Cross Border Shopping for the Irish Exchequer, which was prepared by the Office of the Revenue Commissioners and the CSO was published on my Department's website on 20 March 2009. The report notes that the main causes of price differentials between goods in Northern Ireland and the Republic, are operating costs, profit margin (mark-up), taxes and the rapid...

Written Answers — Tax Code: Tax Code (6 May 2009)

Brian Lenihan Jnr: Section 29 of the Finance Act 2007 introduced a pilot tax based scheme for tourism facilities in the mid-Shannon area. The scheme is aimed at encouraging the development of new tourism infrastructure, or the refurbishment of existing tourism infrastructure, in the mid-Shannon area. The scheme provides for tax relief in the form of accelerated capital allowances over 7 years for qualifying...

Written Answers — Tax Code: Tax Code (6 May 2009)

Brian Lenihan Jnr: The position in relation to Child Benefit is as set out in my Supplementary Budget on 7 April 2009. The Government does not believe that it is fair to pay the same level of benefit irrespective of the level of income of the recipient. In time of scare resources the Government believes support should be targeted at those most in need. My Department, together with the Department of Social...

Written Answers — Departmental Expenditure: Departmental Expenditure (6 May 2009)

Brian Lenihan Jnr: In general, my department uses the services of the Office of the Attorney General and the Office of the Chief State Solicitor, and seeks outside legal advisors in circumstances requiring legal services of a specific and/or specialist nature. The guidelines on the engagement of external support apply in such circumstances and require that such external support is procured only where...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (6 May 2009)

Brian Lenihan Jnr: The Deputy's question refers to the redemption fee applied by mortgage providers in circumstances that a customer seeks to break a fixed rate mortgage. Mortgage lenders in Ireland generally seek to recover costs of funds when a borrower with a fixed rate mortgage agreement seeks to terminate the agreement some time before the term agreed. On 26 March 2009, I undertook, in this House, to...

Written Answers — Tax Code: Tax Code (6 May 2009)

Brian Lenihan Jnr: An individual who has emoluments of €40,000 per annum but who takes maternity leave for the last 8 months of the year would have emoluments of €13,077 in respect of the first 17 weeks of the year (€40,000 x 17/52). In addition she would have a maximum maternity benefit of €280 per week for 26 weeks being €7,280. The final 9 weeks to end of year would be unpaid maternity leave. This...

Written Answers — Financial Services Regulation: Financial Services Regulation (6 May 2009)

Brian Lenihan Jnr: The Deputy's question refers to the redemption fee applied by mortgage providers in circumstances that a customer seeks to break a fixed rate mortgage. Mortgage lenders in Ireland generally seek to recover costs of funds when a borrower with a fixed rate mortgage agreement seeks to terminate the agreement some time before the term agreed. On 26 March 2009, I undertook, in this House, to...