Results 16,041-16,060 of 19,445 for speaker:Brian Cowen

Written Answers — Tax Code: Tax Code (30 Mar 2006)

Brian Cowen: I am advised by the Revenue Commissioners that the information requested by the Deputy is as follows: Numbers of income earners on income tax record Year Standard Rate* Higher Rate Number % Number % 2005 641,000 31.59 666,400 32.85 2006** 663,200 32.16 658,100 31.91 * Includes relatively small numbers of income earners entitled to marginal relief ** Assuming the...

Written Answers — Special Savings Incentive Scheme: Special Savings Incentive Scheme (30 Mar 2006)

Brian Cowen: I am advised by the Revenue Commissioners that based on preliminary declarations by all qualifying savings managers, the total number of active accounts at 31 December 2005 was 1,082,265 and the average monthly subscription was €196. This is the latest date for which figures are available. The net cost of the scheme in 2005 was €597.4 million, with a cumulative cost of €2,181 million to...

Written Answers — Tax Yield: Tax Yield (30 Mar 2006)

Brian Cowen: I am advised by the Revenue Commissioners that payments totalling €391 million have been made to date. As the Deputy is aware, the Revenue Commissioners are conducting their investigation into the use by taxpayers of life assurance investment products for the purposes of tax evasion in two stages. In the first stage of these inquiries taxpayers who invested undisclosed and undeclared funds...

Written Answers — Tax Yield: Tax Yield (30 Mar 2006)

Brian Cowen: I am advised by the Revenue Commissioners that the amount of tax either repaid or credited against other tax liabilities of the taxpayer, in respect of the main taxes, for each of the years 2002 to 2005 is as follows: Year PAYE Income Tax (employees) PAYE Income Tax (employers) Non-PAYE Income Tax Corporation Tax VAT â'¬m â'¬m â'¬m â'¬m ...

Written Answers — Tax Code: Tax Code (30 Mar 2006)

Brian Cowen: I am advised by the Revenue Commissioners that, in the same way as interest relief is granted for Irish rental property, interest relief is granted on money borrowed that is used for the purchase, improvement or repair of rental property outside the State. However, no interest relief is available for individuals on money borrowed to purchase property outside the State as a residence or...

Written Answers — Tax Code: Tax Code (30 Mar 2006)

Brian Cowen: The Revenue Commissioners have advised that P21s issued for the years 2003 and 2004 on 24 February 2006 in accordance with income and tax credit details held on computer record. A P21 for 2005 issued on 27 March 2006 following the provision of pay and tax details on 24 March 2006 by the taxpayers. These details were not already held on computer record. These actions are in accordance with...

Written Answers — Tax Code: Tax Code (30 Mar 2006)

Brian Cowen: I have been advised by the Revenue Commissioners that the person contacted Revenue with the relevant details on 12 August 2005. His tax credits were amended accordingly on 19 October 2005. However due to a processing error the certificate of tax credits giving effect to the revised credits for 2005 did not issue. The Revenue Commissioners regret this error. As 2005 has now passed and as the...

Written Answers — Tax Code: Tax Code (30 Mar 2006)

Brian Cowen: I have been advised by the Revenue Commissioners that the income tax affairs of the taxpayer are up to date. Unfortunately, the certificate of tax credits for 2006, which issued to the taxpayer on 8 February 2006, was received too late for update by her employer for her February 2006 salary. As her February 2006 salary also included salary arrears, income tax of €809.88 was deducted from...

Written Answers — Computerisation Programme: Computerisation Programme (30 Mar 2006)

Brian Cowen: I am advised by the Revenue Commissioners that they introduced an entirely new computer system for PAYE last October — the first total redesign of the system in 40 years. This major new development was necessary not only to modernise the whole PAYE computer system, which was overdue, but also to allow for the provision of on-line services for PAYE taxpayers, which will become available...

Written Answers — Tax Code: Tax Code (30 Mar 2006)

Brian Cowen: Currently there exists a two-tier rate structure for diesel, which is taxed at €368.05 per 1,000 litres in respect of auto use and at €47.36 per 1,000 litres for other use. Currently, there are no plans to introduce a single rate for diesel with a rebate for use in agricultural or construction machinery. The low rate diesel is marked with a chemical and dye, which gives it a green colour,...

Written Answers — Departmental Staff: Departmental Staff (30 Mar 2006)

Brian Cowen: My Department did not have any employees on suspension with pay as on 31 December 2004 and 31 December 2005. In relation to bodies under the aegis of my Department, the following is the position: Department/Office Employees suspended on 31 December 2004 Employees suspended on 31 December 2005 Revenue Commissioners NIL 1 Ombudsman NIL NIL Valuation Office NIL NIL State...

Written Answers — Tax Code: Tax Code (30 Mar 2006)

Brian Cowen: I am informed by the Revenue Commissioners that the estimated cost to the Exchequer of the home carer's tax credit, formerly an allowance but converted to a tax credit in 2001, and the associated numbers of income earners availing of it are as set out in the following table. Home carer's tax credit — cost to Exchequer and numbers availing of it. Tax Year 2000/01 2001 2002 2003...

Written Answers — Money Laundering: Money Laundering (30 Mar 2006)

Brian Cowen: I propose to take Questions Nos. 144 to 148, inclusive, together. Irish legislation on money laundering is set out in the Criminal Justice Act 1994, as amended. Primary responsibility for legislation in this area rests with the Minister for Justice, Equality and Law Reform. This legislation and relevant regulations made by the Minister for Justice, Equality and Law Reform implemented the EU...

Written Answers — Tax Code: Tax Code (30 Mar 2006)

Brian Cowen: Ireland today must compete in a world where rapid globalisation is providing multinational companies with a myriad of choices as to where to locate their businesses. Ireland is leading the way in attracting these businesses through low direct tax rates, both in personal and corporate taxes. The Government actively pursues tax policies to encourage job creation and retention. It's corporation...

Written Answers — Tax Yield: Tax Yield (30 Mar 2006)

Brian Cowen: Revenue receipts for 2005 from fuel excise duty, vehicle registration tax, VAT on vehicles and road tax amounted to approximately €4,961 million. The following table details receipts from each tax: Tax 2005 â'¬ million Mineral Oil Tax 1,923 Vehicle Registration Tax 1,148 VAT (estimated) 1,088 Motor Tax 802

Written Answers — Economic Competitiveness: Economic Competitiveness (30 Mar 2006)

Brian Cowen: The director general of the Central Statistics Office, CSO, has sole responsibility for and is independent in deciding the statistical methodology and professional standards to be used in compiling the consumer price index, CPI. Inflation, as measured by the CPI, is forecast to average 2.7% this year. The harmonised index of consumer prices, the EU measure of inflation, is forecast to average...

Written Answers — Decentralisation Programme: Decentralisation Programme (30 Mar 2006)

Brian Cowen: To date more than 1,200 civil servants have been assigned to decentralising posts. I will forward the Deputy full details of the Departments and offices to which these staff have been assigned. Many of these staff are located in Dublin for a transition period to enable effective transfer of skills and knowledge and ensure that quality customer service continues to be delivered as...

Written Answers — Tax Collection: Tax Collection (30 Mar 2006)

Brian Cowen: I have been advised by the Revenue Commissioners that the tax retained from the taxpayer's February 2006 pension cheque was due to an unfortunate computer payroll error. The inspector of taxes was not made aware of the problem by the pension provider until 21 March 2006. The matter was immediately rectified by fax from the Office of the Inspector of Taxes. The company has since made a refund...

Fiscal Policy. (30 Mar 2006)

Brian Cowen: On budget day, inflation as measured by the consumer price index was forecast to average 2.7% in 2006. Part of the pick-up in the annual inflation rate in February reflects the rise in interest rates by the European Central Bank. In addition, the price of oil rose throughout most of last year, which had an impact on the annual rate of inflation in February. We have no control over these...

Fiscal Policy. (30 Mar 2006)

Brian Cowen: Deputy Ó Caoláin is unique.