Results 6,821-6,840 of 16,537 for speaker:Brian Lenihan Jnr

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

Brian Lenihan Jnr: As announced in my Budget Statement on 7 April last, from 1 May 2009 all mortgage holders are eligible for mortgage interest relief for a period of 7 years on any new loan taken out to purchase, repair, develop or improve their sole or main residence in the State. In the circumstances described, the couple will individually receive mortgage interest relief through the tax relief at source...

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

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that, based on the information available, no tax was paid by the person concerned in 2008 and accordingly no tax rebate is due.

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

Brian Lenihan Jnr: I announced in my Budget statement of 7 April that with effect from 1 May 2009 the number of tax years in respect of which mortgage interest relief may be claimed is 7 years for both first time and non first time buyers. Since the Budget the Revenue Commissioners have been working with the lending institutions on the implementation of the Budget measure. The objective is to make the...

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

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that in December 2008 completed returns of income for 2006 and 2007, with supporting documentation including details of tax deducted, were requested from the person concerned. This information has not yet been received by Revenue and correspondence is ongoing with the person concerned in order to establish his tax liability for 2006 and 2007.

Written Answers — Disabled Drivers: Disabled Drivers (6 May 2009)

Brian Lenihan Jnr: The initial application for a Primary Medical Certificate under the Disabled Drivers and Disabled Passengers (Tax Concessions) Regulations 1994, is made to the Senior Medical Officer of the relevant local Health Service Executive administrative area. If the Primary Medical Certificate has been refused in this case, the named person may appeal the refusal to the Medical Board of Appeal,...

Written Answers — Registered Moneylenders: Registered Moneylenders (30 Apr 2009)

Brian Lenihan Jnr: Particulars regarding registered moneylenders are provided by the Financial Regulator in its register of moneylenders. The Register may be accessed via the link: http://registers.financialregulator.ie/DownloadsPage.aspx. The Financial Regulator is not required to maintain details on the local authority area in which the registered moneylender operates.

Written Answers — Ministerial Remuneration: Ministerial Remuneration (30 Apr 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 72 to 74, inclusive, together. Section 10 of the Oireachtas (Allowances to Members) and Ministerial and Parliamentary Offices (Amendment) Act 1992 provides for the payment of severance to Officeholders (Ministers, Minister of State etc.) who are members of the "new" Officeholders pension scheme from the day following that on which they cease to hold office. A...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (30 Apr 2009)

Brian Lenihan Jnr: It is not true that €90 billion of taxpayers' money will be given to any organisation. While the potential book value of loans that will be transferred to NAMA is estimated to be in the region of €80 to €90 billion, NAMA will not be paying book value for them. Significant further detailed work and extensive due diligence on the loan books of each of the banks will be needed to ensure...

Written Answers — Departmental Programmes: Departmental Programmes (30 Apr 2009)

Brian Lenihan Jnr: In line with the position outlined in previous replies on this subject, 'existing level of service' or 'no policy change' estimates have not been prepared for 2008 or 2009. Instead the focus has been on identifying priority areas for expenditure within the financial resources that are available. However, the 2009 Revised Estimates for Public Services presented to this House and published on...

Written Answers — Departmental Reports: Departmental Reports (30 Apr 2009)

Brian Lenihan Jnr: The information requested by the Deputy is contained in the following table. The following table lists the latest reports received from bodies under the aegis of the Department of Finance, in relation to their operation. Name of the Report Has the report been laid before the Houses of the Oireachtas Standards in Public Office Commission Annual Report 2007 Yes The Special EU Programmes...

Written Answers — Departmental Reports: Departmental Reports (30 Apr 2009)

Brian Lenihan Jnr: The following tables set out the reports commissioned in the period 2004-2008. 2004 Name of report commissioned Cost /Estimated cost of report Reason for report The Cohesion Fund in Ireland €43,545 Report on the Cohesion Fund in Ireland Electricity Purchasing Strategies for the Public Sector €66,500 Electricity de-regulation 2006 Report to the Directors General Responsible for...

Written Answers — Tax Code: Tax Code (30 Apr 2009)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that in December 2008, Returns of Income for 2006 and 2007, with supporting documentation, were requested from the person concerned. This information is necessary to deal with reviews but has not yet been submitted by the person concerned.

Written Answers — Pension Provisions: Pension Provisions (30 Apr 2009)

Brian Lenihan Jnr: Details on the terms of the scheme and instructions regarding its operation are being circulated to Departments and will also be available on my Department's website. The benefits available under the scheme are based on service up to the date of departure, there is no addition of years of notional service in respect of the service forgone. The pension entitlement is calculated in the normal...

Written Answers — Consultancy Contracts: Consultancy Contracts (30 Apr 2009)

Brian Lenihan Jnr: The Economist referred to is retained by the NTMA. I am advised by the NTMA that the terms of his contract with the NTMA were agreed on a confidential basis. In the circumstances I am unable to comment further on the issue.

Written Answers — Consultancy Contracts: Consultancy Contracts (30 Apr 2009)

Brian Lenihan Jnr: The company the Deputy refers to is retained by the National Treasury Management Agency (NTMA) and was contracted at my request by the NTMA under the powers set out in the National Treasury Management Agency Act 1990, to assist the Government by providing general, strategic and specific technical advice on the Irish banking sector. The company was first retained in the final week of...

Written Answers — Consultancy Contracts: Consultancy Contracts (30 Apr 2009)

Brian Lenihan Jnr: The company the Deputy refers to was retained by the Financial Regulator in late 2008 to assist the Financial Regulator with a review of the financial and capital positions of Irish banks and to enable the Financial Regulator to advise the Government on what action needed to be taken. Due to the extreme urgency of this work, and in accordance with Public Procurement Guidelines, the...

Written Answers — Tax Yield: Tax Yield (30 Apr 2009)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the information in relation to Vehicle Registration Tax is not captured in such a manner as to identify the receipts generated on a county basis. However, details of the total Vehicle Registration Tax receipts by category of vehicle for the years 2002 to 2008 and the first three months of 2009 are provided in the following table. Vehicle...

Written Answers — Financial Services Regulation: Financial Services Regulation (30 Apr 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. Traditionally redemption fees were articulated with...

Written Answers — Banking Sector: Banking Sector (30 Apr 2009)

Brian Lenihan Jnr: Anglo Irish Bank is being run on an arms length commercial basis. Accordingly, the normal ongoing business of the bank, which includes the number of staff, is a matter for the Board of Anglo. Notwithstanding this I am informed that the number of staff working in Anglo has decreased since the Nationalisation of Anglo from 1,723 at the end of January to 1695 at the end of March 2009.

Written Answers — Banking Sector: Banking Sector (30 Apr 2009)

Brian Lenihan Jnr: Anglo Irish Bank is being run on an arms length commercial basis. Accordingly, the normal ongoing business of the bank, which includes the pay and conditions of staff, is a matter for the Board of Anglo. The cost of wages and salaries for Anglo for 2008 was €143m as per their 2008 annual accounts. As the number of staff working in Anglo has decreased and no bonuses have been awarded I...