Results 9,941-9,960 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Departmental Agencies: Departmental Agencies (8 Jul 2008)

Brian Lenihan Jnr: Accounts of state agencies, other than Departments and Offices staffed by civil servants, do not generally show administrative costs separately from other expenditure. In relation to my Department and offices under its aegis, including the Special EU Programmes Body, the following table sets out the gross administrative budget estimate for each such body in 2008 and the vote with which it is...

Written Answers — Departmental Staff: Departmental Staff (8 Jul 2008)

Brian Lenihan Jnr: Salary levels of all staff in my Department are above the national minimum wage.

Written Answers — Tax Yield: Tax Yield (8 Jul 2008)

Brian Lenihan Jnr: The amount of Capital Gains Tax (CGT) received for each year over the past ten years is set out in the table below. The rate was reduced from 40% to 20% in Budget 1998 and the amount of CGT raised by the Government rose from €245.2m (1998) to €452.2m (1999). In addition to the CGT rate applicable to capital gains, a number of other factors impact upon the CGT yield in any particular year,...

Written Answers — Tax Yield: Tax Yield (8 Jul 2008)

Brian Lenihan Jnr: The total Exchequer yield from corporation tax in each of the years requested by the Deputy is as follows: Year Million € 1998 2,622 1999 3,441 2000 3,887 2001 4,156 2002 4,803 2003 5,161 2004 5,332 2005 5,492 2006 6,683 2007 6,391 Since 1998, the corporation tax rate in Ireland was steadily reduced from 38% to 121⁄2% as applicable from 1 January 2003; this rate continues...

Written Answers — EU Funding: EU Funding (8 Jul 2008)

Brian Lenihan Jnr: Since joining the Community in 1973 to the end of the financial year 2007, Ireland has received 60.1 billion euro in payments from the EU Budget. Adjusted to current values this sum equates to 96.7 billion euro.

Written Answers — Credit Union Accounts: Credit Union Accounts (8 Jul 2008)

Brian Lenihan Jnr: Section 125 of the Finance Act 2006 (now Section 891B of the Taxes Consolidation Act 1997) empowered the Revenue Commissioners, with the consent of the Minister of Finance, to make regulations requiring certain financial institutions, such as banks, credit unions, investment funds and assurance companies, to make automatic annual reports to the Revenue Commissioners in relation to certain...

Written Answers — Departmental Surveys: Departmental Surveys (8 Jul 2008)

Brian Lenihan Jnr: In the time available it has not been possible to collate the requested information. This is currently being compiled by my Department and will be forwarded directly to him.

Written Answers — Tax Code: Tax Code (8 Jul 2008)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that a notice of assessment for the tax year ending the 31 December 2007 issued to the person in question on 3 July 2008.

Order of Business (3 Jul 2008)

Brian Lenihan Jnr: I did not say that.

Order of Business (3 Jul 2008)

Brian Lenihan Jnr: Pure speculation.

Order of Business (3 Jul 2008)

Brian Lenihan Jnr: I did not say that.

Written Answers — Tax Code: Tax Code (3 Jul 2008)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that section 21 of the Finance Act 2008 clarified the tax treatment of what are known as "salary sacrifice" arrangements. These arrangements, which are in reality an application of a person's remuneration, consist of benefits being purchased or provided by an employer with the employee effectively paying for the benefits by means of a reduction in...

Written Answers — Tax Code: Tax Code (3 Jul 2008)

Brian Lenihan Jnr: I propose to take Questions Nos. 56 and 57 together. I am informed by the Revenue Commissioners that the estimated numbers of income earners availing of the one parent family credit, under section 462, Taxes Consolidated Act 1997, broken down by personal status and by gender for the income tax years 2000/01 to 2008 inclusive are set out in the following tables to the extent to which they are...

Written Answers — Tax Code: Tax Code (3 Jul 2008)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that credit claims and requests for refunds from PAYE taxpayers are checked on a tiered basis based on value. Larger claims are subject to a higher proportion of examination as they are thought to be higher risk. I am further advised that overall, about 1% of claims for all tax credits, including One Parent Family Credit, are verified in this way....

Written Answers — Pension Provisions: Pension Provisions (3 Jul 2008)

Brian Lenihan Jnr: The information requested is set out below. The values provided are for a married person retiring on 1 July 2008 at age 60 with pensionable service of 40 years. The pension benefits are those applying to a pre-1995 recruit to an established post in the civil service i.e. a person not subject to integration. The benefits taken into account are therefore a retirement lump sum of 1.5 times...

Written Answers — Tax Code: Tax Code (3 Jul 2008)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that based on personal income tax returns filed by non-PAYE taxpayers for the years 2003 to 2006 inclusive, the latest year for which this information is available, the estimated amount of tax foregone by allowing a deduction for interest on borrowings to be offset against rents assessable under Case V, Schedule D is as set out as follows. Year...

Written Answers — Departmental Staff: Departmental Staff (3 Jul 2008)

Brian Lenihan Jnr: 42 members of staff in my Department received support under the Department's post-entry education scheme to pursue post-graduate educational courses in the period 2004 to 2008 inclusive.

Written Answers — Tax Forecasts: Tax Forecasts (3 Jul 2008)

Brian Lenihan Jnr: As happens every year, the Revenue Commissioners supplied my Department with a tax forecast for the following three years in the run-up to the Budget. Revenue prepared this forecast in October and November of last year based on the technical position set out by my Department. All Budget forecasts, including tax and economic, are prepared by my Department. In doing so, my Department takes the...

Written Answers — Tax Code: Tax Code (3 Jul 2008)

Brian Lenihan Jnr: The Deputy is aware that the operation of the scheme for tax relief on donations to certain sports bodies is governed by the provisions of section 847A of the Taxes Consolidation Act 1997. These bodies must be an "approved body of persons" established for and existing for the sole purpose of promoting athletic or amateur games or sports. They must also have been granted tax exemption under...

Written Answers — Tax Code: Tax Code (3 Jul 2008)

Brian Lenihan Jnr: The Deputy is aware that the operation of the scheme for tax relief on donations to eligible charities and other approved bodies is governed by the provisions of section 848A of the Taxes Consolidation Act 1997. Bodies, including schools, colleges, universities, bodies approved for education in the arts as well as a number of other specified organizations are defined as approved bodies for...