Results 12,981-13,000 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Banking Operations (23 Jan 2014)

Michael Noonan: I have been advised by Bank of Ireland that, reflecting on both commercial considerations and customer confidentiality, Bank of Ireland does not comment on individual customer-related transactions. I have also been advised by the Special Liquidators that the information requested regarding the sale of the loan from IBRC (In Special Liquidation) will not be published as it is...

Written Answers — Department of Finance: Tax Credits (23 Jan 2014)

Michael Noonan: As the Deputy is aware the One-Parent Family Tax Credit (OPFTC) has been replaced with a new Single Person Child Carer Tax Credit from 1 January 2014.  The restructured credit is of the same value i.e. €1,650 per annum as the OPFTC and it will also carries the same entitlement to the additional €4,000 extended standard rate band, which increases it to €36,800...

Written Answers — Department of Finance: Tax Forms (23 Jan 2014)

Michael Noonan: I am advised by the Revenue Commissioners that they have no record of the person in question having ever made a request for a P21 Balancing Statement to their offices.  A P21 Balancing Statement for the tax year 2012 has now issued to the individual in question. It is dated 21st January 2014. In order for a P21 Balancing Statement for the tax year 2013 to issue, the person in...

Written Answers — Department of Finance: Tax Clearance Certificates (22 Jan 2014)

Michael Noonan: The purpose of the Tax Clearance scheme is to ensure that persons who derive economic benefit from: - A licence/permit to conduct certain activities in the State, and/or - Receipt of contracts/grants, subsidies and other payments from the State are in compliance with their tax obligations. A Tax Clearance Certificate is a written confirmation from the Revenue Commissioners that a person's...

Written Answers — Department of Finance: NAMA Operations (22 Jan 2014)

Michael Noonan: I refer the Deputy to PQ 2424/14 which was answered on the 21/01/14. Section 227 of the NAMA Act 2009 requires me to complete a review of NAMA every 5 years. The purpose of the review is to assess the extent to which NAMA has made progress toward achieving its overall objectives, and decide whether continuation of NAMA is necessary having regard to the purposes of the Act. Due to the...

Written Answers — Department of Finance: NAMA Loan Book (22 Jan 2014)

Michael Noonan: NAMA advises that this information is not currently available in the format sought by the Deputy.  Once NAMA has collated the information in the format requested and subject to any commercial sensitivity it will be provided to the Deputy.

Written Answers — Department of Finance: IBRC Legal Cases (22 Jan 2014)

Michael Noonan: I have been advised that due to commercial confidentiality and sensitivities the Special Liquidators are unable to provide information in relation to the current status and the approach being taken for each of the legal cases involving IBRC (In Special Liquidation). All relevant disclosures in respect of legal cases involving IBRC (In Special Liquidation) are publicly available through...

Written Answers — Department of Finance: NAMA Court Cases (22 Jan 2014)

Michael Noonan: NAMA reports to the Minister for Finance pursuant to Section 55 of the NAMA Act on a quarterly basis on, inter alia, all legal proceedings commenced by it or by one of its group entities. These reports contain information on the title to the proceedings, the parties to the proceedings, and the reliefs sought. As the Deputy may be aware, these reports are available to members of the public and...

Written Answers — Department of Finance: Consultancy Contracts Expenditure (22 Jan 2014)

Michael Noonan: The information requested by the Deputy could not be collated in the time available. I will respond directly to the Deputy as soon as possible.

Written Answers — Department of Finance: Consultancy Contracts Expenditure (22 Jan 2014)

Michael Noonan: The information requested by the Deputy could not be collated in the time available. I will respond directly to the Deputy as soon as possible.

Written Answers — Department of Finance: Fuel Rebate Scheme (22 Jan 2014)

Michael Noonan: I provided in the Finance Act 2013 for the diesel rebate scheme. This is a repayment scheme to qualifying road haulage and bus operators of a part of the mineral oil tax paid on their purchases of auto-diesel for use in the course of business. In order to qualify for the repayment, the auto-diesel must be purchased by the qualifying road transport operator; either in bulk (a quantity over...

Written Answers — Department of Finance: Banking Sector Staff Issues (22 Jan 2014)

Michael Noonan: I can inform the Deputy that the Banks have provided me with the following details regarding staff loans, loan write offs and related matters: 1)Allied Irish Banks In line with other financial institutions, AIB had a policy of offering favourable loan rates to staff. This policy has been discontinued for standard new lending to AIB staff. With regards to workout situations in respect of...

Written Answers — Department of Finance: Tax Credits (22 Jan 2014)

Michael Noonan: The One-Parent Family Tax Credit has been replaced with a new Single Person Child Carer Tax Credit from 1 January 2014. The Single Person Child Carer Tax Credit will be of the same value, i.e. €1,650, as the existing One-Parent Family Tax Credit and will also carry the same entitlement to the extended standard rate tax band of €36,800 per annum. However, the new credit will be...

Written Answers — Department of Finance: Tax Credits (22 Jan 2014)

Michael Noonan: As the Deputy is aware, the One-Parent Family Tax Credit has been replaced with a new Single Person Child Carer Tax Credit from 1 January 2014. The Single Person Child Carer Tax Credit is of the same value, i.e. €1,650, as the former One-Parent Family Tax Credit and also carries the same entitlement to the extended standard rate tax band of €36,800 per annum. However, the new...

Written Answers — Department of Finance: Outsourcing of Public Services (22 Jan 2014)

Michael Noonan: In response to the Deputy's question during 2012 my Department outsourced the provision of Security Services for our Tullamore offices to a private Company. The successful company was Manguard Plus and the estimated savings that can be achieved as a result of outsourcing the function in Tullamore is around €55k. I have been informed by the Office of the Revenue Commissioner that...

Written Answers — Department of Finance: Semi-State Bodies Remuneration (22 Jan 2014)

Michael Noonan: The information requested by the Deputy is as follows: Performance related payments made to National Treasury Management Agency (NTMA) staff are published in the NTMA's Annual Report and are set out in the table below. Year Total Amount of Performance Related Pay Number of Staff who received Performance Related Pay 2012 €43,100 6 2011 €62,610 5 The personnel who...

Written Answers — Department of Finance: Financial Services Regulation (21 Jan 2014)

Michael Noonan: I propose to take Questions Nos. 190, 193, 194, 206 and 208 together. Pursuant to section 33AK of the Central Bank Act 1942, the Central Bank cannot disclose confidential information in relation to this individual. However, generally, retail credit firms are required to be authorised under Part V of the Central Bank Act, 1997 and a register of all such firms is maintained on the Central...

Written Answers — Department of Finance: Home Renovation Incentive Scheme Administration (21 Jan 2014)

Michael Noonan: As the Deputy is aware, I announced the Home Renovation Incentive in the recent Budget. This scheme came into operation on 25 October 2013 and will run until 31 December 2015. The incentive provides tax relief for homeowners by way of a tax credit at 13.5% of qualifying expenditure incurred on repair, renovation or improvement work carried out on a principal private residence. Qualifying...

Written Answers — Department of Finance: Departmental Reports (21 Jan 2014)

Michael Noonan: The information requested by the Deputy is set out in a table. None of the payments were funded from Ministerial remuneration. Consultant External Report Amount Paid Year Published/Ongoing PMCA Economic Consulting Assistance and Analysis in the Preparation of the Medium-Term Economic Strategy 2014-2020 €49,043.00 2013 Final report submitted 6.12.13* Crowe Horwath Report to...

Written Answers — Department of Finance: Tax Code (21 Jan 2014)

Michael Noonan: I am advised by the Revenue Commissioners that at present Local Property Tax (LPT) is not a deductible expense for income tax or corporation tax purposes. The Thornhill Group, the inter-departmental group, chaired by Dr Don Thornhill, set up to consider the design of a property tax (the "Thornhill Group") recommended that the LPT paid in respect of a rented property should be deductible for...