Results 9,341-9,360 of 16,537 for speaker:Brian Lenihan Jnr

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: Continued strong investment in our primary and post-primary school infrastructure——

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: ——remains a key priority for the Government. This year, we have delivered 12,000 new primary school places, a record number in any one year. Next year, €581 million——

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: ——or two thirds of the total education capital budget——

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: ——will be devoted to the school building programme. This substantial investment will provide additional school places, in response to the increased population. It will allow for the modernisation of the existing school infrastructure. Higher education plays a critical role in fostering economic development and promoting social cohesion. Capital investment in the sector is being...

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: The Minister for Education and Science will provide further details in due course.

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: The Government has invested significantly in housing in recent years. For 2009, the Government will allocate more than €1.65 billion in Exchequer funding for a range of housing programmes.

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: In view of the changed conditions in the housing market we have decided to reform certain schemes. First, we will extend the existing local authority mortgage scheme by increasing the maximum loan available to borrowers. This extension will assist purchasers who wish to become homeowners but who are, at this time, unable to obtain loan finance. This will be a targeted and temporary...

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: Based on the latest available data our greenhouse gas emissions were an estimated 70 million tonnes. We are committed to reducing our emissions to an annual average of 63 million tonnes over the period 2008 to 2012. The EPA has projected that, based on measures already taken and those already planned, the annual average emissions will now be higher than previously claimed. In the budget...

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: We have been successful in building and maintaining strong economic growth for more than a decade. While a range of factors have contributed to this success, the ability of the tax system to adapt and respond to the changing needs and pressures of a globalised economy has played a significant part. As we go forward, our tax system will need to evolve and change to align with ever more...

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: There will be no change in the zero rate which applies to food, children's clothes and footwear, oral medicines and several other products.

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: The 13.5% rate which applies to new houses, labour intensive services, gas, electricity and home heating fuel will also remain unchanged.

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: Excises on cigarettes will go up by 50 cent per packet of 20. I am increasing the excise on a standard bottle of wine by 50 cent with pro rata increases on other wine products and an increase of 8 cent on a litre of petrol.

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: There will be no excise increase on beer, cider, spirits or on diesel. The excise changes are VAT inclusive and will take effect from midnight tonight. Low Alcohol Beverages I also propose to reduce excise on low alcohol beer and cider to encourage the safer use of alcohol and to make a contribution over time to reducing death and injury on our roads. Betting Tax Betting tax is being...

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: I wish to address the restructuring of certain tax reliefs. Restructuring Certain Tax Reliefs I propose to standard rate the tax relief for unreimbursed medical expenses, which are currently available at the full marginal rate of tax. I also plan to reduce the annual earnings limit for tax relieved pension contributions from €275,000 to €150,000 per annum. These measures will promote...

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: A rate of €10 per passenger will apply, with a lower rate of €2 on shorter air journeys.

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: This new tax is estimated to yield €95 million in 2009 and €150 million in a full year. Further details are contained in the summary of budget measures. DIRT There will be a new rate of DIRT of 23% on ordinary deposit accounts and 26% on certain other savings products which will raise €85 million in 2009. Income Tax I will increase the standard rate tax band by €1,000 for a single...

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: Full details are in the summary of budget measures. We need commercial development and investment if we are to create jobs and stimulate economic activity. We must also give an impetus to the commercial property market. This cut is my contribution. The rate will stay at 6% and it will not go lower in the lifetime of the Government. Second, I am financing this measure through an increase...

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: I will turn now to taxation measures to secure sustainability. TAXATION MEASURES TO SECURE SUSTAINABILITY Carbon Levy In the programme for Government, we committed ourselves to the introduction of a carbon levy, on a revenue neutral basis, during the lifetime of the Government. The Commission on Taxation has been asked to examine the matter and I expect to receive its report by the end of...

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: These initiatives seek to encourage greater use of public transport and ease congestion in our major cities. I will also bring forward measures in the Finance Bill to relate benefit-in-kind on cars and mileage to CO2. These measures, together with expenditure decisions and enhancement to capital allowances for energy efficient products for businesses will make a positive contribution to...

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: The charge will be levied and collected by local authorities, and will be used to support the provision of local services. The new charge will be set at €200 per dwelling and will come into effect in 2009. It will be payable by the owners of private rented accommodation, holiday homes and other non-principal residences but will not be applied to new dwellings as yet unsold.