Results 15,141-15,160 of 19,445 for speaker:Brian Cowen

Written Answers — Tax Code: Tax Code (27 Sep 2006)

Brian Cowen: The Deputy will be aware that I have previously acknowledged that tax can play a role in the promotion of motor fuels derived from renewable energy crops, more commonly known as biofuels. A duty exemption scheme for pilot projects in biofuels, was introduced by section 50 of the Finance Act 2004. The purpose of the provision was to allow qualified and conditional relief from excise for...

Written Answers — Tax Code: Tax Code (27 Sep 2006)

Brian Cowen: The position is that first-time mortgage holders, for the first seven years (five years prior to 1st January 2003), can claim tax relief at the standard rate of tax on the interest paid within the following limits: Single, €4,000; Widowed/Married, €8,000. For other buyers the limits are: Single, €2,540; Widowed/Married, €5,080. I am advised by the Revenue Commissioners that mortgage...

Written Answers — Decentralisation Programme: Decentralisation Programme (27 Sep 2006)

Brian Cowen: I am advised by the Revenue Commissioners that the Commissioners for Public Works are pursuing both temporary office space and a site for permanent offices for the Revenue Commissioners in Athy. Temporary offices, subject to appropriate planning permission and fit-out, are being sought to accommodate a minimum of 50 staff and in this regard a number of options are being evaluated with a view...

Written Answers — Decentralisation Programme: Decentralisation Programme (27 Sep 2006)

Brian Cowen: Under the Government's decentralisation programme, 33 posts from the ICT division of the Centre for Management and Organisational Development (CMOD) in my Department are due to relocate to Kildare. The total number of applicants for these posts on the Central Applications Facility is 43. My Department is planning on the basis of a move in 2007. A permanent site has not yet been procured and...

Written Answers — Departmental Responsibilities: Departmental Responsibilities (27 Sep 2006)

Brian Cowen: As the Deputy is aware, Articles 40.3.1 and 40.3.2 refer to the personal rights of the citizen. In this context, any of the State's laws under which I carry out my responsibilities and indeed under which my officials, agents and servants carry out their responsibilities, have been examined by the Office of the Attorney General, prior to their drafting and enactment by the Oireachtas. The...

Written Answers — Financial Services Regulation: Financial Services Regulation (27 Sep 2006)

Brian Cowen: I am aware of the reports referred to by the Deputy, which my Department has brought to the attention of the Financial Regulator. Under the Life Assurance (Provision of Information) Regulations 2001, a customer buying a life assurance product must receive information on the commission payable. The objective is to ensure that the customer is aware of the amount of commission payable, to whom...

Written Answers — Departmental Offices: Departmental Offices (27 Sep 2006)

Brian Cowen: I have seen the recent newspaper report about the survey. Customer surveys can be useful in providing feedback on service delivery. In fact, I am advised that Revenue has recently conducted its own survey of SMEs, and while they are currently in the process of analysing the preliminary results, the indications from this survey are generally very positive as regards Revenue's service to...

Written Answers — Tax Code: Tax Code (27 Sep 2006)

Brian Cowen: As the Deputy will be aware the Home Carer Tax Credit, formerly an allowance, was introduced in Finance Act 2000 and is designed to recognise the contribution made by a spouse who remains working in the home in order to care for certain dependent persons. It was brought in in the context of the more favourable tax bands for individuals introduced at that time. The credit may be claimed by a...

Written Answers — Tax Yield: Tax Yield (27 Sep 2006)

Brian Cowen: I am advised by the Revenue Commissioners that the additional revenue likely to accrue to the Exchequer arising from the increase in the price of petrol and other oil products relates to the Value Added Tax portion of the increased price since the start of the year. The revenue collected from mineral oil excises does not fluctuate with price changes. The estimated yield of additional value...

Written Answers — Tax Yield: Tax Yield (27 Sep 2006)

Brian Cowen: I am informed by the Revenue Commissioners that the information requested as at September 2006 is set out in the following table. The information is based on a price of €651.90 for 1,000 litres of Kerosene and €650.60 for 1,000 litres of home heating Diesel (Marked Gas Oil). Additional VAT 2006 €m Petrol 34.2 Auto Diesel 2.6 Kerosene 3.5 Marked Gas Oil 2.4 LPG 0.7 Total 43.4...

Written Answers — Legislative Programme: Legislative Programme (27 Sep 2006)

Brian Cowen: As the Deputy may be aware it is not always appropriate that all sections of an Act commence from the date it is signed by a Minister. The use of a commencement provision facilitates a more flexible approach by enabling specific sections to be commenced at a later stage by means of a Statutory Instrument. This may arise where it is not appropriate to enact a provision until further...

Written Answers — Non-Resident Taxation: Non-Resident Taxation (27 Sep 2006)

Brian Cowen: As the Deputy is aware from previous questions on the matter, I asked the Chairman of the Revenue Commissioners last year to monitor the application of the current residency rules. The Revenue Commissioners subsequently reported to me that, of the cases examined during 2005, there was no reason to conclude that the individuals concerned failed to comply with the statutory rules governing...

Written Answers — Tax Yield: Tax Yield (27 Sep 2006)

Brian Cowen: Section 15 of the Finance Act 2006 enacted my Budget Day announcement providing for the discontinuance with effect from the current tax year of the remittance basis of assessment for income tax in respect of employment income insofar as that income relates to the performance in the State of duties of the employment. I am informed by the Revenue Commissioners that individuals charged to tax on...

Written Answers — Tax Yield: Tax Yield (27 Sep 2006)

Brian Cowen: The range of stamp duties that apply to the issue of financial cards and the conduct of bank transactions are: Credit Cards and Charge Cards: An annual stamp duty of €40 on each credit card and charge card account. Debit Cards: €10 per annum per debitcard ATM Cards: €10 per annum per ATMcard Combined Cards (Debit & ATM cards): €20 per annum per card, where the card is used for both...

Written Answers — Tax Yield: Tax Yield (27 Sep 2006)

Brian Cowen: The relevant information available is based on tax returns by individuals and companies of tax exempt income arising from stallion stud fees for the tax year 2004. I am advised by the Revenue Commissioners that the number of such returns was 128 with the average exempt income reported at €224,707 and the lowest at €245. Because of the Revenue Commissioners' obligation to observe...

Written Answers — Tax Collection: Tax Collection (27 Sep 2006)

Brian Cowen: I am advised by the Revenue Commissioners that the information requested by the Deputy is set out in the table below. I am advised by the Revenue Commissioners that the information requested by the Deputy is set out in the following table: Tax Year Exempt Marginal Band Standard Rate Higher Rate ALL Cases No. % No. % No. % No. % No. 1998/1999 397,900 25.11 73,700 4.65 631,300 39.83...

Written Answers — Tax Yield: Tax Yield (27 Sep 2006)

Brian Cowen: I am informed by the Revenue Commissioners that the most recent basic data on incomes available from which information of the type requested by the Deputy could be derived are in respect of the income tax year 2003. The information requested is set out in the following tables for the income tax years 2000/01, 2001 "short" year, 2002 and 2003. However, because of the Revenue Commissioners'...

Written Answers — Tax Collection: Tax Collection (27 Sep 2006)

Brian Cowen: I have been advised by the Revenue Commissioners that a Form P45 will be issued by the employer to the taxpayer in the coming days.

Written Answers — Tax Collection: Tax Collection (27 Sep 2006)

Brian Cowen: I have been advised by the Revenue Commissioners that a Form P45 will be issued by the employer to the taxpayer in the coming days.

Written Answers — Tax Yield: Tax Yield (27 Sep 2006)

Brian Cowen: The rates of stamp duty on cheques, debit cards with ATM function, ATM cards and credit cards each year since 2002 is as follows: Cheques: Cheques drawn on or after 5 December 2002 – 15c; Cheques drawn prior to 4 December 2002 – 8c. Debit Cards with ATM functions: 2002 — €10; 2003 onwards — €20. However, I introduced changes in this year's Finance Act to alter the way that stamp...