Results 10,021-10,040 of 16,537 for speaker:Brian Lenihan Jnr

Written Answers — Regulatory Impact Analysis: Regulatory Impact Analysis (18 Jun 2008)

Brian Lenihan Jnr: As a result of a Government decision on the 21st June 2005 Regulatory Impact Analysis must be conducted on all proposals for primary legislation involving changes to the regulatory framework (subject to some exceptions), significant Statutory Instruments and proposals for EU Directives and significant EU regulations when they are published by the European Commission. During the years 2006,...

Written Answers — Tax Code: Tax Code (18 Jun 2008)

Brian Lenihan Jnr: This exemption came into effect on the enactment of the Finance Act 2008 on 13 March 2008.

Written Answers — Tax Code: Tax Code (18 Jun 2008)

Brian Lenihan Jnr: 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. To avail of the donations scheme, a charity must be specifically authorised by Revenue for the purposes of the scheme. Other bodies, including schools, colleges, universities, bodies approved for education in...

Dáil Sittings: Motion (Resumed) (18 Jun 2008)

Brian Lenihan Jnr: I strongly support the amendment to the Labour Party motion that has been moved by the Government parties. I reject the suggestion that the Government is not taking action to deal with the difficult economic circumstances in which we find ourselves. Nothing could be further from the truth. Over the past 11 years, Governments led by my party have overseen unprecedented economic growth and...

Dáil Sittings: Motion (Resumed) (18 Jun 2008)

Brian Lenihan Jnr: The risks identified by my predecessor on budget day have materialised. Growth will be lower than projected. We already see the impact of this on tax revenues. Recent unemployment figures are of concern, although they continue to be among the lowest in the EU. We are still creating jobs. IDA Ireland remains ambitious in its targets for attracting investment to this country. The creation...

Written Answers — Legislative Reform: Legislative Reform (17 Jun 2008)

Brian Lenihan Jnr: I propose to take Questions Nos. 164 and 165 together. The Consumer Credit Act 1995, regulates the provision of consumer credit in Ireland. Section 30 of the Act requires credit agreements to be made in writing and signed by the consumer and by or on behalf of all other parties to the agreement. Section 11(d) of the Electronic Commerce Act 2000, states the nothing in that Act shall prejudice...

Written Answers — Tax Code: Tax Code (17 Jun 2008)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that, in so far as both vehicle registration tax (VRT) and VAT are concerned, the same rates of VRT and VAT (where VAT is chargeable on used vehicles) are applied to both new vehicles and imported used vehicles. Accordingly, Ireland is fully compliant with EU regulations relating to VAT and VRT payable on the registration of vehicles in the State....

Written Answers — Public Service Reform: Public Service Reform (17 Jun 2008)

Brian Lenihan Jnr: The Annual Output Statements were introduced in 2007 as a means of setting out clearly for the Oireachtas the outputs expected to be achieved with the resources available within each Minister's Group of Votes. The 2008 round of Annual Output Statements include performance information on what has actually been achieved with respect to the outputs set out in 2007. As a Ministerial-level...

Written Answers — Computerisation Programme: Computerisation Programme (17 Jun 2008)

Brian Lenihan Jnr: As the Deputy will be aware, the Taoiseach recently announced that responsibility for eGovernment would be consolidated in my Department. Additionally, following a review of Reach earlier in the year, the functions relating to the Public Service Broker were transferred to my Department in April. Since then my Department has gone about implementing the recommendations of the Reach review and...

Written Answers — Tax Collection: Tax Collection (17 Jun 2008)

Brian Lenihan Jnr: I am advised that the voluntary disclosure initiative recently announced by the Revenue Commissioners relates to persons who, at any time in 2005, 2006 or 2007, held in aggregate €100,000 or more in accounts which are now subject to the new interest reporting regulations and who have undeclared tax liabilities associated with these funds. These persons have an opportunity to obtain the...

Written Answers — Tax Code: Tax Code (17 Jun 2008)

Brian Lenihan Jnr: All of County Longford is a qualifying area for the purposes of the Rural Renewal Scheme. This scheme was introduced in 1998 and is due to terminate on 31/07/08. Two different tax reliefs are available under the scheme in respect of qualifying residential units. These are: Owner occupier relief; and Rented residential relief. Owner-Occupier Relief An individual who incurs expenditure on the...

Written Answers — Tax Clearance Certificates: Tax Clearance Certificates (17 Jun 2008)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that all three named persons (details supplied) have been issued with Income Tax Notices of Assessment for 2006. The first named person filed the 2006 Income Tax Return, i.e. Form 11E, with the Office of the Revenue Commissioners, Collector-General's Division on 22 November 2007. The Return was processed on 13 February 2008. A Notice of Assessment for...

Written Answers — Tax Code: Tax Code (17 Jun 2008)

Brian Lenihan Jnr: The latest estimates of the cost of tax and PRSI relief for private pension provision and of the numbers of taxpayers benefiting from these reliefs are in respect of 2006. This information is set out in the following table: Estimate of the cost of tax and PRSI reliefs for private pension provision 2006. Estimated costs Numbers* € million Employees' Contributions to approved...

Written Answers — Tax Code: Tax Code (17 Jun 2008)

Brian Lenihan Jnr: It is assumed that the Deputy has in mind the replacement of the flat rate of 20% that currently applies for tax relief on mortgage interest allowed under the tax relief at source system (TRS) by a rate of 41%. I am informed by the Revenue Commissioners that, based on an estimate of €645 million as the cost of mortgage interest relief expected to be allowed in 2008 under the current system,...

Written Answers — Tax Clearance Certificates: Tax Clearance Certificates (17 Jun 2008)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that records are not maintained in a manner which would enable a complete reply to be given to the Deputy's question. The following table sets out Revenue's best analysis of the numbers of chargeable persons who were non-resident in the State for the years in question and received tax refunds, together with the amount of tax refunded to them. Year...

Written Answers — Tax Clearance Certificates: Tax Clearance Certificates (17 Jun 2008)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that it is not possible to provide the information requested as the data are not readily available; it cannot be obtained without conducting an extensive examination of the Revenue Commissioners' records which would be very resource and time consuming.

Written Answers — Tax Code: Tax Code (17 Jun 2008)

Brian Lenihan Jnr: Ireland has generous provisions in its tax code for granting relief from double taxation in respect of income of Irish residents that has suffered tax in a foreign country. Generally this allows for foreign tax paid by an Irish resident taxpayer to be credited against the Irish tax on the same income. Normally credit relief is only granted in respect of tax suffered in countries with which...

Written Answers — Customs and Excise: Customs and Excise (17 Jun 2008)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that in the case of privately owned and regional airports attendance by Revenue staff is in the context of control visits where staff are seeking to protect the State against the illegal introduction of restricted goods. These control visits are selective and targeted and based on analysis and evaluation of the ongoing risk at the particular location....

Written Answers — Departmental Agencies: Departmental Agencies (17 Jun 2008)

Brian Lenihan Jnr: The following is a list of bodies and agencies under the aegis of my Department. The extent of my responsibility for the bodies and agencies on this list varies in accordance with the nature of the legal arrangements. As the Deputy may already be aware, further information in relation to these bodies can be accessed through their websites or, in the case of statutory bodies, through the Irish...

Written Answers — Tax Code: Tax Code (17 Jun 2008)

Brian Lenihan Jnr: The regulations referred to are the "Return of Payments (Banks, Building Societies, Credit Unions and Savings Banks) Regulations 2008" which give partial effect to the provisions of section 891B (inserted by section 125 of the Finance Act 2006) of the Taxes Consolidation Act 1997 which section allows the Revenue Commissioners to make regulations with the consent of the Minister for Finance...