Results 8,701-8,720 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — National Lottery: National Lottery (9 Dec 2008)

Brian Lenihan Jnr: Appendix 1 of the Revised Estimates for Public Services for 2004 gives a breakdown by Government Department of expenditure in that year which was funded by the proceeds of the National Lottery while a similar breakdown of expenditure which was part-funded by the proceeds of the National Lottery in the years 2005, 2006, 2007 and 2008 is given in Appendix 1 of the Revised Estimates for Public...

Written Answers — Departmental Travel: Departmental Travel (9 Dec 2008)

Brian Lenihan Jnr: I am satisfied that my Department complies fully with the guidelines it issued on foreign travel in 1998 and that they are being fully met by the following bodies under my remit: Office of the Revenue Commissioners, State laboratory, Valuation Office, Public Appointments Service, Commission for Public Service Appointments, Office of Public Works, National Treasury Management Agency, National...

Written Answers — Parking Facilities: Parking Facilities (9 Dec 2008)

Brian Lenihan Jnr: The provision of parking spaces is usually an integral part of the demise of long-term commercial leases for office accommodation. As is normally the case, there is no provision in commercial leases which would allow for their terms to be varied during their currency. However, when a lease expires or when an option to break a lease arises, there are opportunities for the OPW either to exit...

Written Answers — Disabled Drivers: Disabled Drivers (9 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 — Pension Provisions: Pension Provisions (9 Dec 2008)

Brian Lenihan Jnr: The National Pensions Reserve Fund was established on 2 April 2001 with the objective of meeting as much as possible of the cost to the Exchequer of social welfare pensions and public service pensions to be paid from the year 2025 until at least 2055. The value of the National Pensions Reserve Fund at 31 December for each of the past five years was as follows: Year € million 2003 9,561...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (9 Dec 2008)

Brian Lenihan Jnr: The Scheme is a major benefit not only to the banks but also to their customers and, of course, the economy as a whole. Of course, the Scheme includes the application of strict terms and conditions on covered institutions to ensure that the public interest, which includes the taxpayer, the general consumer and small business sector, is paramount. As I have stated previously, the cost of the...

Written Answers — Financial Services Regulation: Financial Services Regulation (9 Dec 2008)

Brian Lenihan Jnr: The Financial Services Consultative Consumer Panel was formally established by the Financial Regulator under the Central Bank Act, 1942 (as amended by the Central Bank and Financial Services Authority of Ireland Act, 2004), with effect from 1 November 2004. The term of office of the Consumer Panel expired on 16 October this year. I can assure the Deputy that I fully appreciate the valuable...

Written Answers — Ministerial Staff: Ministerial Staff (9 Dec 2008)

Brian Lenihan Jnr: I am advised by the Office of Public Works that the following staff are employed in the Private and Constituency Offices of Minister of State Mansergh: Private Office Grade Number Annual salary range Higher Executive Officer 1 €46,558 – €61,082 Executive Officer 1 €32,179 – €53,067 Clerical Officer 2 €24,397 – €40,417 Note: The number of clerical officers employed,...

Written Answers — Pension Provisions: Pension Provisions (9 Dec 2008)

Brian Lenihan Jnr: The National Pensions Reserve Fund, as a large diversified global investor, has invested in over 2,500 stocks globally. As required by the National Pensions Reserve Fund Act 2000, the National Pensions Reserve Fund Commission publishes a detailed list of the assets of the Fund at end-year, including its holdings in banking stocks. The Report, which is available on the Fund's website...

Written Answers — Departmental Agencies: Departmental Agencies (9 Dec 2008)

Brian Lenihan Jnr: Implementation of the individual Government agency rationalisation decisions I announced in my 2009 Budget Statement is a matter for the relevant Departments. My Department has requested all relevant Departments to prepare Implementation Plans by the 12th of December. Each Plan should cover the projected savings and the timeframes for implementation. Further information on individual...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (9 Dec 2008)

Brian Lenihan Jnr: The extension of the deposit guarantee scheme to credit union savers on 20 September 2008, together with the increase in the limit to €100,000 per depositor, is a very important development in safeguarding the interests of credit union savers. This is a clear demonstration of the Government's commitment to protect the whole financial system, secure its stability and ensure that all...

Written Answers — Tax Code: Tax Code (9 Dec 2008)

Brian Lenihan Jnr: The position is that the income levy will apply to gross income but excluding social welfare payments and social welfare type payments such as farm retirement pensions and the rural social scheme, as well as the contributory and non-contributory State pensions. The income levy will be calculated by applying the appropriate percentage to the farmer's gross income, after deductions of only...

Written Answers — Financial Institutions Support Scheme: Financial Institutions Support Scheme (9 Dec 2008)

Brian Lenihan Jnr: Within my Department, arrangements have been made to allocate additional staff to the Financial Services Division to manage the Credit Institutions (Financial Support) Scheme and related matters. These staff have been provided from within the existing staff resource allocation. These staff have access to professional financial and legal advice as required and they will be working closely...

Written Answers — Departmental Staff: Departmental Staff (9 Dec 2008)

Brian Lenihan Jnr: Following a decision by the Government on the implementation of recommendations in Report No. 38 of the Review Body on Higher Remuneration in the Public Sector, schemes of performance-related awards were introduced. In the case of Government Departments the scheme applies to posts at the levels of Deputy Secretary and Assistant Secretary. The first payments under the scheme were made in 2002....

Written Answers — Tax Yield: Tax Yield (9 Dec 2008)

Brian Lenihan Jnr: The NTMA has advised me that its annual net funding requirement is determined by the level of the Exchequer Balance and the amount of maturities of existing loans. There were no major maturities in 2008, however the Exchequer Borrowing Requirement increased reflecting the shortfall in tax receipts in 2008. NTMA net borrowing in 2008 was mainly by way of two major new benchmark bonds: a 10...

Written Answers — Tax Code: Tax Code (9 Dec 2008)

Brian Lenihan Jnr: Section 473A of the Taxes Consolidation Act 1997 provides that tax relief at the standard rate of tax (20%) is available in respect of tuition fees paid by an individual in respect of Third Level Education. A criterion for eligibility for the tax relief is that, for a year of assessment, an individual pays qualifying fees. Qualifying fees means tuition fees in respect of an approved course at...

Written Answers — Company Closures: Company Closures (9 Dec 2008)

Brian Lenihan Jnr: Under Section 28 (2) of the State Property Act, 1954, the Minister for Finance assumes responsibility for all personal property and land vested in or held in trust by a body corporate immediately prior to its dissolution (other than personal property or land held by such body in trust for another person). Section 29 of the Act deals with vesting of property in the Minister and Section 30...

Written Answers — Tax Code: Tax Code (9 Dec 2008)

Brian Lenihan Jnr: The position is that an exemption from income tax in respect of statutory redundancy is provided for in section 203 of the Taxes Consolidation Act 1997 and this exemption will also apply in relation to the income levy. In addition, section 201 of the Taxes Consolidation Act 1997, provides for a basic exemption on a redundancy package of €10,160 plus €765 for each complete year of service...

Written Answers — Tax Code: Tax Code (9 Dec 2008)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that they have no record of a request for a P21 from the person concerned. A Return of Income for 2008 has been issued to the person today to enable Revenue to deal with the request.

Written Answers — Tax Code: Tax Code (9 Dec 2008)

Brian Lenihan Jnr: As the Deputy is aware, in Budget 2009 I announced that an air travel tax will come into force in respect of passengers departing from Irish airports on and from 30 March 2009. A general rate of €10 per passenger will apply, with a lower rate of €2 for shorter journeys. The Finance Bill confirms the introduction of an air travel tax from 30 March 2009, however, I have taken account of...