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Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: The Minister for the Environment, Heritage and Local Government will bring forward legislation at an early date to give effect to these arrangements Motor Tax Motor tax is an essential contributor to local government funding. It is proposed to increase motor tax rates by 4% for cars below 2.5 litres and CO2 bands A to D. A 5% increase will apply to cars above the 2.5 litre threshold and CO2...

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: The new rates will apply to motor tax discs taken out for periods beginning on or after 1 January 2009.

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: Full details are contained in the summary of budget measures. Overall Revenue Yield The revenue package announced today will raise an additional amount of approximately €2 billion in 2009. CONCLUSION Iarraim oraibh tacú agus cabhrú linn na moltaí go léir uilig atá leagtha ós comhair na Dála inniu a chur i gcrích. Sa mhórobair atá romhainn tá sé ar intinn againn beart de réir...

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: Mar a deir an seanfhocal is ar scáth a chéile a mhaireann na daoine.

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: The Government has dealt decisively with the rapid and sharp downturn in the economy.

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: In July, we brought forward a package of savings which will benefit the Exchequer by €1 billion in a year. As the fiscal position deteriorated over the summer, we took further action at the beginning of September by bringing forward budget day by two months. Two weeks ago, when the stability of our banking system was in jeopardy, the Government took immediate and decisive action. The...

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: It will bring order and stability to our public finances. It will enhance our productive capacity. It prioritises public investment projects that add to our competitiveness. While doing all of this, it will protect and support those most in need. Global crisis is an over used phrase in political debate, but it is appropriate in the current circumstances. Crisis presents danger and today...

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: Crisis also brings with it opportunity to reform the way we do our business, to move on to the next stage in our development as a sophisticated, high value economy, and, above all, opportunity to work together in the best interests of our citizens.

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: This budget serves no vested interest. Rather, it provides an opportunity for us all to pull together and play our part according to our means so that we can secure the gains, which have been the achievement of the men and women of this country. It is no less than a call to patriotic action. It is my great honour to commend this budget to the House.

Budget Statement 2009 (14 Oct 2008)

Brian Lenihan Jnr: It is not applicable to nursing homes.

Written Answers — Public Sector Pay: Public Sector Pay (14 Oct 2008)

Brian Lenihan Jnr: The Government continues to be committed to safeguarding the taxpayer's money by ensuring that delivery of public services in the most efficient and effective manner. The recent Review and Transitional Agreement under Towards 2016, which has yet to be ratified, recognises that the Public Service must review continuously its systems, processes and procedures, to ensure that it is responsive...

Written Answers — National Development Plan: National Development Plan (14 Oct 2008)

Brian Lenihan Jnr: Funding under the NDP (2007-2013) in 2009 and subsequent years is an issue that will be addressed in the 2009 Budget being presented to the Dáil today.

Written Answers — Decentralisation Programme: Decentralisation Programme (14 Oct 2008)

Brian Lenihan Jnr: The Government decided on 8th July last that no further expenditure on the acquisition of accommodation for decentralisation should be sanctioned pending detailed consideration by the Government of two reports: one from the Decentralisation Implementation Group on the feasibility of phased moves by the State Agencies; and one from the Decentralisation Sub Group of the SMI Implementation Group...

Written Answers — Departmental Agencies: Departmental Agencies (14 Oct 2008)

Brian Lenihan Jnr: The following table outlines the information requested by the Deputy, in respect of the Special EU Programmes Body which was the only new body funded from my Department's vote in the period since 1997. The Special EU Programmes Body is a joint North/South body. Details in respect of the Special EU Programmes Body since 1999 Name of Agency Date Established Budget in each of the past 10...

Written Answers — Tax Yield: Tax Yield (14 Oct 2008)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that as information on the value of capital gains arising from the disposal of principal private residences are not required in capital gains tax returns there is no dedicated basis for separately identifying the yield that would arise from applying capital gains tax to sales of principal private residences. Accordingly, the specific information...

Written Answers — Tax Yield: Tax Yield (14 Oct 2008)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the full year cost to the Exchequer, estimated in terms of projected yield in 2009, of corporation tax forgone through reducing the standard rate of corporation tax from 12.5 per cent to 11 per cent and from 12.5 per cent to 10 per cent is tentatively estimated to be of the order of €445 million and €740 million, respectively.

Written Answers — Income Levels: Income Levels (14 Oct 2008)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the information requested, estimated by reference to the income tax year 2008, is as follows: All Income Earners 2008 Range of Gross Income Gross Income within the Range Numbers € € million 0 – 275,000 91,710 2,349,700 275,001 – 500,000 3,825 10,700 500,001 – 1,000,000 2,645 3,950 Over 1,000,000 3,460 1,450 Totals 101,640...

Written Answers — Budget Submissions: Budget Submissions (14 Oct 2008)

Brian Lenihan Jnr: In the period in question I have had only one formal meeting with the individual named in the Deputy's question. The meeting was held in the Department of Finance on the 29th September 2008 as part of the normal Pre Budget consultation process.

Written Answers — Construction Projects: Construction Projects (14 Oct 2008)

Brian Lenihan Jnr: I have no responsibility as Minister for Finance for directly committing or sanctioning particular construction projects. This is a matter for the Departments concerned. In relation to the cost plus form of contract, new Public Works fixed price lump sum contracts came into effect on 19 February 2007. As part of that arrangement a transitional period was included to deal with a number of...

Written Answers — Tax Code: Tax Code (14 Oct 2008)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the yield from applying income tax to child benefit and the early childcare supplement would be in the order of €600 million in a full year. The yield quoted is provisional and subject to revision.

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