Results 9,141-9,160 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Tax Code: Tax Code (4 Nov 2008)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that, as regards stamp duty, where one spouse owns a house prior to marriage and both spouses subsequently jointly purchase another house, neither spouse is entitled to the stamp duty first-time buyer relief in respect of this other house because one of the spouses has already owned a house. However, where one spouse owns a house prior to marriage,...

Written Answers — Tax Code: Tax Code (4 Nov 2008)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the most recent year for which final information is available on the cost to the Exchequer, and the numbers of taxpayers availing, of the tax relief for medical expenses is for the income tax year 2005. In that year an estimated number of 260,700 claimants availed of the tax relief for medical expenses at an estimated cost to the Exchequer of...

Written Answers — Tax Code: Tax Code (4 Nov 2008)

Brian Lenihan Jnr: I propose to take Questions Nos. 170, 171 and 176 together. The position is that the income levy will be applied to all gross income except social welfare payments, including contributory and non-contributory social welfare pensions. It is proposed to include a threshold which will exempt those on low incomes from the income levy. More detailed provisions, in relation to the collection,...

Written Answers — Departmental Staff: Departmental Staff (4 Nov 2008)

Brian Lenihan Jnr: My Department does not have any offices in Athlone. In relation to my Department's offices in Tullamore, as of 15 October 2008, there were no Executive Officer vacancies.

Written Answers — Tax Collection: Tax Collection (4 Nov 2008)

Brian Lenihan Jnr: The annual payroll cost for public servants with a maximum salary of €150,000 or more is in the region of €600m. About €400m of this cost relates to Hospital Consultants. The annual saving from a 10% cut in payroll for this overall group would be approximately €60m. The saving from a cut of 5% would be approximately €30m. Members of the Government, Ministers of State, Secretaries...

Written Answers — Tax Collection: Tax Collection (4 Nov 2008)

Brian Lenihan Jnr: I propose to take Questions Nos. 174 and 175 together. I am informed by the Revenue Commissioners the full year yield to the Exchequer from a further 3% in addition to the proposed 2% income levy on income above €500,000 is estimated to be of the order of €160 million. The corresponding full year yield from a further 1% in addition to the proposed 2% income levy on income above €200,000...

Written Answers — Freedom of Information: Freedom of Information (4 Nov 2008)

Brian Lenihan Jnr: I propose to take Questions Nos. 178 and 179 together. As stated in the Long Title, the purpose of the Freedom of Information Acts 1997 as amended in 2003 is to "enable members of the public to obtain access to the greatest extent possible consistent with the public interest and the right to privacy, to information in the possession of public bodies". Only bodies which meet the criteria for...

Written Answers — Tax Code: Tax Code (4 Nov 2008)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that in general profits made from the short selling of shares which occur in the course of a financial trade are charged to tax as trading income under Case 1 of Schedule D. Where the activity does not constitute trading, gains on the disposal of shares are liable to Capital Gains Tax.

Written Answers — Tax Code: Tax Code (4 Nov 2008)

Brian Lenihan Jnr: The position is that deposit interest subject to DIRT will not be included as part of the income subject to the income levy. More detailed provisions, in relation to the collection, recovery, inspection of records, and other provisions required in relation to the income levy will be set out in the Finance Bill. The health levy is provided for in Health Contributions Act 1979, and is a matter...

Written Answers — Tax Code: Tax Code (4 Nov 2008)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the following property based tax incentive schemes remain in the tax code and, in general, provide capital allowances at the rate of 15% for the first 6 years and 10% in year 7 for the construction or refurbishment of qualifying premises: Convalescent Homes Qualifying (Private) Hospitals Qualifying Mental Health Centres Qualifying Specialist...

Written Answers — Tax Collection: Tax Collection (4 Nov 2008)

Brian Lenihan Jnr: The information requested by the Deputy, as provided by the Revenue Commissioners, is set out in the following tables. The numbers of earners in the various ranges of income are based on the adjusted data for 2005 projected forward in accordance with macroeconomic data relating to actual and expected growth in wages and employment. Provisional distribution of income earners for Income Tax...

Written Answers — Departmental Staff: Departmental Staff (4 Nov 2008)

Brian Lenihan Jnr: The Parental Leave Act 1998, the Parental Leave (Amendment) Act 2006 and the European Communities (Parental Leave) Regulations 2000 set out the statutory entitlement to Parental Leave. Under the terms of the Acts, an officer who is the natural or adoptive parent of a child shall be entitled to parental leave for a period of fourteen working weeks. The purpose of the leave is to enable a...

Written Answers — Departmental Schemes: Departmental Schemes (4 Nov 2008)

Brian Lenihan Jnr: The cycle to work scheme will come into operation on 1 January 2009. Full details of the scheme will be provided in the Finance Bill which will be published on 20 November 2008. Electric bicycles or any type of mechanically powered bicycles will not be eligible for the scheme.

Written Answers — Tax Collection: Tax Collection (4 Nov 2008)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the amounts of tax revenue collected from Mineral Oil Tax and VAT on Petrol and Auto Diesel for the years 2003 to September 2008 inclusive are as follows: Estimated Duty yield from Petrol and Auto Diesel Mineral Oil Tax 2003 2004 2005 2006 2007 2008 (End September) â'¬m â'¬m â'¬m â'¬m â'¬m â'¬m Petrol 853.8 970.7 1001.9 1026.4...

Written Answers — Ministerial Responsibilities: Ministerial Responsibilities (4 Nov 2008)

Brian Lenihan Jnr: The Minister of State in my Department, Dr Martin Mansergh, has special responsibility for the Office of Public Works, whose core services in support of Government polices are project management, property management, property maintenance, architectural services, flood risk management and engineering services, heritage services and procurement services. It also delivers a facilities and...

Written Answers — Information Transfer: Information Transfer (4 Nov 2008)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that as a general principle, they provide information to other government departments or agencies only where such provision is provided for by law. The Revenue Commissioners provide the following information in relation to self-employed individuals to the Department of Social and Family Affairs. Gross Income Income reckonable for PRSI Amount of PRSI...

Written Answers — Tax Code: Tax Code (4 Nov 2008)

Brian Lenihan Jnr: I propose to take Questions Nos. 190 and 191 together. 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. I would draw to the Deputy's attention to the fact that Ireland is not unique in applying a tax to air travel. A number EU Member States already apply a similar tax, for example the UK,...

Written Answers — Tax Code: Tax Code (4 Nov 2008)

Brian Lenihan Jnr: The position is that, as indicated in budget 2009, health expenses relief will be granted at the standard rate of tax only from 1 January 2009, with the exception of nursing home expenses which will be standard rated from 1 January 2010. In relation to the particular institution referred to by the Deputy, I am informed by the Department of Health and Children that this institution is a...

Written Answers — Tax Code: Tax Code (4 Nov 2008)

Brian Lenihan Jnr: Section 19 of the Finance Act 1994 (now section 236 of the Taxes Consolidation Act 1997) exempts certain benefits provided to an employee from the benefit in kind charge under Section 118 and from the charge to tax in respect of distributions to participators under Section 436. The benefit must consist of the loan to the individual of a work of art or a scientific collection beneficially...

Written Answers — Tax Code: Tax Code (4 Nov 2008)

Brian Lenihan Jnr: As outlined to the Deputy in Parliamentary Question No. 82 of 23 October, 2008, expenses directly associated with the performance of the trade i.e., in accordance with the normal principles of commercial accounting, will be deducted from a self-employed persons gross income prior to the calculation of the income levy. No deduction will be allowed for capital allowances, personal pension...