Results 8,541-8,560 of 16,537 for speaker:Brian Lenihan Jnr

Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)

Brian Lenihan Jnr: As for palliative services, that is the reason for the introduction of this particular tax incentive. I must refute Deputy Burton's suggestion that this is a sinister plan involving high net worth individuals, who appear to populate her imagination at regular intervals. First, high earners, whose income is in excess of €250,000, do not obtain marginal rate relief on incentive investments....

Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)

Brian Lenihan Jnr: Effectively, it has reduced the rate of reliefs——

Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)

Brian Lenihan Jnr: —— to the standard rate and early indications——

Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)

Brian Lenihan Jnr: Early indications from the Revenue Commissioners——

Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)

Brian Lenihan Jnr: Can I speak?

Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)

Brian Lenihan Jnr: Am I permitted to finish?

Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)

Brian Lenihan Jnr: That is not a point of order.

Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)

Brian Lenihan Jnr: The crucial point I wished to make, which Deputy Burton did not allow me to complete before interrupting, is that early indications from the Revenue Commissioners suggest the restriction is working as intended, by reducing the effective tax rate to 20% in such cases. The key point is the information I have received from the Revenue Commissioners suggests——

Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)

Brian Lenihan Jnr: —— that this particular restriction has worked as intended. Various other extraneous comments were made about the banking system and alleged arrangements therein. First, had Deputy Burton been responsible as Minister for Finance for the banking system on 30 September last, the banks would have gone over a cliff by now. I certainly will not hazard——

Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)

Brian Lenihan Jnr: —— pension fund moneys in investments that are not soundly based for the pension fund concerned. Question, "That the words proposed to be deleted stand", put and declared carried.

Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)

Brian Lenihan Jnr: Does this pertain to amendment No. 24?

Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)

Brian Lenihan Jnr: In respect of the materials pertaining to the amendment, I am agreeable to recommital. Bill recommitted in respect of section 21.

Appropriation Bill 2008: Order for Second Stage (17 Dec 2008)

Brian Lenihan Jnr: I move: "That Second Stage be taken now."

Finance (No. 2) Bill 2008: Report Stage (Resumed) and Final Stage (17 Dec 2008)

Brian Lenihan Jnr: We dealt with the amendment in some detail last night. The position is that income tax relief in respect of health expenses will be granted at the standard rate of tax for 2009 with the exception of nursing home fees, which will continue to be granted at the marginal rate. The changes provided for in the Finance Bill follow on from the changes made in the Finance Act 2007, with the removal...

Written Answers — Departmental Expenditure: Departmental Expenditure (16 Dec 2008)

Brian Lenihan Jnr: My Department is represented on the High Level Group on Business Regulation, the Regulatory Impact Analysis Network and on an interdepartmental working group on reducing administrative burdens. Within my Department, work in support of these groups is undertaken from within existing staff resources. Accordingly, it has not been necessary to dedicate staff and other resources exclusively in...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (16 Dec 2008)

Brian Lenihan Jnr: The choice of mortgage product ultimately rests with the consumer in light of the terms and conditions that their lending institution offers. The decision of borrowers is influenced by factors such as their personal preferences and their own assessment of the relative merits of fixed and variable rate mortgages taking into account the information made available by the Financial Regulator. The...

Written Answers — Tax Code: Tax Code (16 Dec 2008)

Brian Lenihan Jnr: The income levy will apply on the gross or aggregate income of each individual taxpayer subject to the specific exemptions which have been set out in the legislation. Representations have been made in relation to the impact that the legislation would have on persons who had a obligation to make maintenance payments to a separated spouse under a legally enforceable order, in particular the...

Written Answers — Disabled Drivers: Disabled Drivers (16 Dec 2008)

Brian Lenihan Jnr: The Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provides relief from VAT and Vehicle Registration Tax (up to a certain limit), and exemption from motor tax, on the purchase of an adapted car for transport of a person with specific severe and permanent physical disabilities. The disability criteria for these concessions are set out in the Disabled Drivers and Disabled...

Written Answers — Disabled Drivers: Disabled Drivers (16 Dec 2008)

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 — Garda Stations: Garda Stations (16 Dec 2008)

Brian Lenihan Jnr: The provision of additional temporary accommodation at the Garda Station at Laytown was completed in Autumn 2008. The provision of permanent accommodation for the Laytown District HQ is under consideration having regard to the prioritisation of Garda Building Programme, which is a matter for the Department of Justice, Equality and Law Reform and Garda management in the first instance and the...