Results 1,661-1,680 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Ministerial Travel (16 Dec 2016)

Michael Noonan: In response to the Deputy I wish to advise that the Ministerial Air Transport Service (MATS) provides the Government and the President with an independent, flexible and effective air transport service to assist in meeting national and international obligations.  The use of any Air Corps aircraft for Ministerial transport is subject to the authorisation of An Taoiseach.  Information...

Written Answers — Department of Finance: Appointments to State Boards (16 Dec 2016)

Michael Noonan: I wish to advise the Deputy that in relation to the gender balances on each of the State boards under my remit, the gender balances are as follows: Central Bank Commission 7 Male and 3 Female; Credit Union Restructuring Board 10 Male and 2 Female; Financial Services Ombudsman Council 1 Male and 2 Female; Irish Fiscal Advisory Council 4 Male and 1 Female; NTMA Board 5 Male and 3 Female;...

Written Answers — Department of Finance: Betting Legislation (16 Dec 2016)

Michael Noonan: The Betting (Amendment) Act 2015 was enacted on 15 March 2015, bringing remote bookmakers and Remote Betting Intermediaries within the scope of the existing licensing regime in Ireland from August 2015.  The Act provides for a fair and equal treatment of all bookmakers (traditional, remote and betting exchanges) by extending betting duty to remote operators, thus widening the tax base...

Written Answers — Department of Finance: Mortgage Interest Rates (16 Dec 2016)

Michael Noonan: The 2014 Mortgage Credit Directive, which has been transposed into Irish law by the European Union (Consumer Mortgage Credit Agreements) Regulations 2016, seeks to develop a more harmonised, efficient and competitive internal market for the provision of residential mortgages to consumer borrowers and this should help to promote the closer integration of EU mortgage markets over...

Written Answers — Department of Finance: Departmental Agencies Expenditure (16 Dec 2016)

Michael Noonan: I would firstly point out that the Pensions Ombudsman comes under the aegis of the colleague the Minister for Social Protection. In relation to the Financial Services Ombudsman, the Ombudsman is independent in the performance of his statutory functions.  The Financial Services Ombudsman has informed me that the information requested by the Deputy is as follows:-...

Written Answers — Department of Finance: Strategic Banking Corporation of Ireland Funding (16 Dec 2016)

Michael Noonan: The Strategic Banking Corporation of Ireland (SBCI) began lending in March 2015 with a goal to increase the availability of low cost, flexible funding to Irish SMEs. The SBCI channels its funds through lending partners, known as on-lenders. The SBCI currently has three bank and five non-bank on-lending partners. The SBCI has funding agreements in place with the European Investment...

Written Answers — Department of Finance: Tax Code (16 Dec 2016)

Michael Noonan: I strongly reject any allegation that Ireland is a tax haven.  Ireland does not meet any of the international standards for being considered a tax haven. Ireland is fully compliant with all international best practices in the areas of tax transparency and exchange of information.  We only have and want real substantive FDI, the kind that brings real jobs and...

Written Answers — Department of Finance: Revenue Commissioners (16 Dec 2016)

Michael Noonan: I am advised by Revenue that the number of individuals about whom data has been provided, on request, to the Health Service Executive (HSE) under section 8 of the Health (Alteration of Criteria for Eligibility) Act 2013 is as follows: 2015 1,236,788 2016 to date 728,799 The data supplied by Revenue to the HSE, in accordance with the data exchange agreement in place between both...

Written Answers — Department of Finance: Tax Reliefs Data (16 Dec 2016)

Michael Noonan: Section 847A into the Taxes Consolidation Act 1997 provides for a scheme of tax relief for relevant donations to an approved sports body for the funding of approved projects. The scheme is applicable only to relevant donations received on or after 1 May 2002 in respect of expenditure incurred on approved projects on or after that date. I am advised by Revenue that a Costs of Tax Expenditures...

Written Answers — Department of Finance: Tax Credits (14 Dec 2016)

Michael Noonan: As the Deputy will be aware the Home Carer Tax Credit is currently available to families where one parent works primarily in the home to care for children or the elderly.  The Home Carer Allowance (as it was then) was first introduced in Finance Act 2000 in the context of the commencement of a planned move to the full individualisation of the income tax system.  Such a...

Written Answers — Department of Finance: Tax Code (14 Dec 2016)

Michael Noonan: I would first note, as I have previously, that since the establishment of the Revenue Commissioners in 1923, successive Governments and the Oireachtas have reaffirmed the principle of the independence of the Revenue Commissioners in their dealings with the tax affairs of any individual under tax and customs legislation. This independence is seen as critical to maintaining the integrity of...

Written Answers — Department of Finance: Departmental Expenditure (14 Dec 2016)

Michael Noonan: I am advised by Revenue that attendance at events such as the Banagher Horse Fair forms part of the broad range of normal compliance activities undertaken by them.  It is not possible to separately segregate the annual cost for attendance at this event as this varies from year to year according to the assessed risk, the number of officers deployed and other compliance activities that...

Written Answers — Department of Finance: VAT Rate Reductions (14 Dec 2016)

Michael Noonan: The VAT rating of goods and services is subject to the requirements of EU VAT law with which Irish VAT law must comply.  Ireland's application of the zero rate of VAT to children's safety helmets derives from the derogation under Article 110 of the EU VAT Directive.  Under that provision Ireland may retain the zero rate on goods and services which were in place on 1 January...

Written Answers — Department of Finance: Tax Reliefs Costs (14 Dec 2016)

Michael Noonan: I am informed by Revenue that the following tables show the latest relevant information in respect of income tax relief allowed for contributions to Retirement Annuity Contracts (RACs) and Personal Retirement Savings Accounts (PRSAs) for the years 2012, 2013 and 2014. The information in the tables sets out the number of cases, the amount of deduction and the reduction in tax for tax relief...

Written Answers — Department of Finance: Property Tax Assessments (14 Dec 2016)

Michael Noonan: I am advised by Revenue that the majority of over-valuations of Local Property Tax (LPT) to date arose on foot of property owners paying the estimated amount rather than calculating the correct liability in accordance with the market value of the property on 1 May 2013. Where over-valuations resulted in over-payments being made, Revenue either refunded the excess amounts or offset it to...

Written Answers — Department of Finance: Revenue Commissioners (13 Dec 2016)

Michael Noonan: I am advised by Revenue that no changes have been made to the public opening hours at their offices in the Millennium Centre, Dundalk. An additional facility is now available for the benefit of customers whereby a specific appointment can be made in advance of attending the office. This will eliminate any time delays for customers in queueing especially at busy periods.

Written Answers — Department of Finance: Tax Reliefs Eligibility (13 Dec 2016)

Michael Noonan: Section 664 of the Taxes Consolidation Act 1997 provides relief from income tax for certain income from the long-term leasing of agricultural land. The relief is available, subject to a maximum limit, where farm land is leased to a qualifying lessee for a period of 5 years or more. In order to qualify for the purpose of the relief, the lessee must not be connected with the lessor or...

Written Answers — Department of Finance: NAMA Portfolio (13 Dec 2016)

Michael Noonan: As the Deputy will be aware, NAMA does not directly own or manage properties. NAMA has acquired loans and its role is that of a lender with claims over security for its loans, like a bank, rather than a property owner or lessor. In that capacity, NAMA holds security over properties that are owned by its debtors or, in the case of enforcement, which are managed on behalf of those debtors by...

Written Answers — Department of Finance: Departmental Expenditure (13 Dec 2016)

Michael Noonan: In response to the Deputy's question the total photography costs for my Department and the details of the occasions on which photographers were used since March 2011 are contained in the following table: Photography Costs Year List of Occasions Photographer Used Cost € Total Cost per annum 201 1 Signing of Taxation agreement with Germany Engaged on 31st March, 2011 Maxwell...

Written Answers — Department of Finance: Consultancy Contracts Data (13 Dec 2016)

Michael Noonan: The information requested by the Deputy in relation to external consultant reports commissioned by my Department since March 2011 is listed in the following table:- Year External Consultant Report Name Cost Published 2016 Review of Corporation Tax Code Seamus Coffey Review ongoing Review ongoing 2016 SME Lending Survey October 2015 - March 2016 Red C €58,979.00 Published ...