Results 12,201-12,220 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Tax Code (25 Mar 2014)

Michael Noonan: I assume the Deputy is referring to recent reporting in the media about the taxation of income from the provision of childcare services.  I am advised by the Revenue Commissioners that, regrettably, there has been significant mis-reporting about the tax obligations of childminders.  At the outset, I must stress that there has been no change at all in the requirements for anyone...

Written Answers — Department of Finance: Medical Negligence Claims (25 Mar 2014)

Michael Noonan: I have been informed by the State Claims Agency (SCA) that they have been unable to collate this information in the timeframe available. I will write to the Deputy setting out the information requested as soon as it becomes available to me.

Written Answers — Department of Finance: State Debt (25 Mar 2014)

Michael Noonan: The maturity profile of Government bonds and EU/IMF Programme facilities for the period 2016-2021 as at end-February 2014 is set out in the table below.  Total bonds and EU/IMF programme facilities outstanding stood at €179.2 billion at end-February. EFSM loans are subject to a seven year extension that will bring their weighted average maturity from 12.5 years to 19.5 years;...

Written Answers — Department of Finance: Financial Institutions Support Scheme (25 Mar 2014)

Michael Noonan: The Credit Institutions (Financial Support) Scheme, 2008, and the Credit Institutions (Eligible Liabilities Guarantee) Scheme, 2009 provide that the administrative costs -legal and other costs, charges, expenses (including VAT), would be borne by the participating institutions in connection with both Schemes. To date receipts of c.€5.8m have been received in respect of these...

Written Answers — Department of Finance: Tax Code (25 Mar 2014)

Michael Noonan: I am informed by the Revenue Commissioners that section 131(4), Finance Act 1992 (as amended) provides that a person shall not have an unregistered vehicle in his possession or charge unless he is a person specifically authorised by the Commissioners under section 136(1) (normally motor dealers). A vehicle must be registered where it is a mechanically propelled vehicle that is (among other...

Written Answers — Department of Finance: Tax Yield (25 Mar 2014)

Michael Noonan: The tax affairs of a particular company are a matter for the Revenue Commissioners and the company concerned. I am informed by the Revenue Commissioners that their obligation to observe confidentiality in relation to the tax affairs of individual taxpayers or companies (under section 851A of the Taxes Consolidation Act 1997) precludes them from providing the information requested by...

Written Answers — Department of Finance: Official Engagements (25 Mar 2014)

Michael Noonan: Since taking office, there have been no official meetings between me or officials of my Department and the company referred to in the question (Bristol Myers-Squibb). Nor have there been such meetings between me or officials of my Department and representatives to said company.

Written Answers — Department of Finance: Credit Unions (25 Mar 2014)

Michael Noonan: I propose to take Questions Nos. 195 and 196 together. Pursuant to a High Court order dated 10 November 2013 all assets and liabilities of Newbridge Credit Union Limited (excluding the premises) were transferred to Permanent TSB. At transfer, all savings accounts held in Newbridge Credit Union Limited became deposit accounts with Permanent TSB under section 49(5)(b) of the Central Bank...

Written Answers — Department of Finance: Living City Initiative (25 Mar 2014)

Michael Noonan: The Deputy will be aware that I announced in my Budget Statement that the Living City Initiative, which was enacted in the Finance Act 2013, would be extended to now include the cities of Dublin, Cork, Galway and Kilkenny as well the original target cities of Limerick and Waterford. The inclusion of these four cities within the Initiative followed the results of a thorough independent ex ante...

Written Answers — Department of Finance: Bank Charges (25 Mar 2014)

Michael Noonan: There is no charge from the Government for cancelling a credit card with a bank in this jurisdiction. I am informed by the Revenue Commissioners that Section 124 of the Stamp Duties Consolidation Act 1999 provides for an annual stamp duty charge of €30 on credit cards.  The charge is applied where a credit card account is maintained with a financial institution at any time during...

Written Answers — Department of Finance: Customs and Excise Staff (25 Mar 2014)

Michael Noonan: I am advised by the Revenue Commissioners that their office is a fully integrated tax and customs administration and that it is not possible to disaggregate the resources deployed exclusively at any given time on the detection of illegal drugs. Revenue currently has approximately 2,000 staff engaged on activities that are dedicated to targeting and confronting non-compliance. These activities...

Written Answers — Department of Finance: Tax Code (25 Mar 2014)

Michael Noonan: As the Deputy is aware, the One-Parent Family Credit has been restructured and replaced with a new Single Person Child Carer Credit from 1 January 2014.  However, the credit is more targeted, in that it is in the first instance, only available to the principal carer of the child. Given the difficult fiscal environment, it is essential to review all tax reliefs,...

Written Answers — Department of Finance: Banking Sector Remuneration (25 Mar 2014)

Michael Noonan: I understand that the Notice of Bank of Ireland's Annual General Meeting and list of proposed resolutions, is due to issue over the coming days. When I have received this I will be in a position to finalise my voting intentions in relation to all resolutions.

Written Answers — Department of Finance: Tax Rebates (25 Mar 2014)

Michael Noonan: I am advised by the Revenue Commissioners that an application for a repayment of tax deducted for 2013 was submitted recently in respect of the person concerned. An overpayment of USC in the sum of €148 arises. A P.21 Balancing Statement and the repayment will issue to the person concerned shortly.

Written Answers — Department of Finance: Living City Initiative (25 Mar 2014)

Michael Noonan: The Deputy will be aware that I announced in my Budget Statement that the Living City Initiative, which was enacted in the Finance Act 2013, would be extended to now include the cities of Dublin, Cork, Galway and Kilkenny as well the original target cities of Limerick and Waterford. The inclusion of these four cities within the Initiative followed the results of a thorough independent ex ante...

Written Answers — Department of Finance: Departmental Reports (25 Mar 2014)

Michael Noonan: In response to PQ 13031/14 and PQ 13048/14 I would like to thank the Deputy for his clarification received on the 20th given the scope of the questions. My officials are now in the process of compiling this information which I will provide as soon as it is compiled.

Written Answers — Department of Finance: Departmental Reports (25 Mar 2014)

Michael Noonan: In response to PQ 13031/14 and PQ 13048/14 I would like to thank the Deputy for his clarification received on the 20th given the scope of the questions. My officials are now in the process of compiling this information which I will provide as soon as it is available.

Written Answers — Department of Finance: Mortgage Resolution Processes (25 Mar 2014)

Michael Noonan: Where regulated financial institutions sell part, or all, of their mortgage book to another regulated financial institution, the same protections apply to borrowers, namely, the Central Bank's Code of Conduct on Mortgage Arrears and the Consumer Protection Code. Where a regulated financial institution outsources part, or all, of their mortgage book, the same protections apply to borrowers and...

Written Answers — Department of Finance: Tax Yield (25 Mar 2014)

Michael Noonan: Bets taken by Tote Ireland under its Totalisator licence are not subject to betting tax.

Written Answers — Department of Finance: Mortgage Resolution Processes (25 Mar 2014)

Michael Noonan: The Government is aware of the significant difficulties some homeowners are facing in meeting their mortgage obligations and the Deputy will know that a comprehensive strategy to tackle the problem is in place. The Deputy will be aware of the Central Bank's Mortgage Arrears Resolution Targets (MART) announced last March which sets time bound and measurable targets for the six main...