Results 17,741-17,760 of 19,445 for speaker:Brian Cowen

Written Answers — Tax Code: Tax Code (23 Jun 2005)

Brian Cowen: I propose to take Questions Nos. 93 and 94 together. The Revenue Commissioners received a claim to amend the assessments for the years 1988-89 to 2000-01, on the basis that the farming income should be apportioned between the taxpayer and his wife in accordance with their ownership of lands. Assessments for the years in question had earlier been issued by Revenue in accordance with the...

Written Answers — Pension Provisions: Pension Provisions (23 Jun 2005)

Brian Cowen: The present value of public service pensions is the estimated accrued cost in 2005 terms of future pension payments in respect of service to date of those currently employed in the public service. The main factors determining the estimate are the discount rate, pay, length of service and life expectancy. The latest estimate of the present value of pensions of people now employed in the public...

Written Answers — Tax Code: Tax Code (23 Jun 2005)

Brian Cowen: A tax credit certificate issued to the person in question on 12 May 2005. As the person has now ceased employment, an unemployment repayment can be applied for at the local tax office, at Sullivan's Quay, Cork.

Written Answers — Tax Code: Tax Code (23 Jun 2005)

Brian Cowen: Tax relief for health expenses is provided for under section 469 of the Taxes Consolidation Act 1997. The relief is granted at the highest rate of tax at which the taxpayer is chargeable for the year of the claim. Relief cannot be claimed for any expenditure that has been, or will be, reimbursed by a medical insurer or where a compensation payment is, or will be, made in respect of the...

Written Answers — Departmental Expenditure: Departmental Expenditure (23 Jun 2005)

Brian Cowen: Given my Department's functions, there was no expenditure from its Vote in respect of either referendum on the Treaty of Nice. However, under the Referendum Act 1994, the expenses of returning officers concerned with the holding of referendums are met from the Central Fund, which is administered by my Department. The Act also provides that postal expenses incurred during the holding of...

Written Answers — EU Directives: EU Directives (23 Jun 2005)

Brian Cowen: There are currently eight EU directives for which my Department has responsibility which have yet to be incorporated into Irish Law. Council Directive 2003/98/EC Re-use of Public Sector Information lays down ground rules for the re-use of public sector information for commercial purposes. The statutory instrument effecting the transposition was signed by the Minister for Finance on 16 June...

Written Answers — Tax Code: Tax Code (23 Jun 2005)

Brian Cowen: There is no specific exemption from income tax for volunteer youth workers. In the absence of the full facts, it is difficult to comment on the taxation of the individual referred to by the Deputy. From the brief information provided, it seems likely that the individual will be employed and paid by an Irish employer and, therefore, the income he receives will be fully chargeable to income tax...

Written Answers — Tax Code: Tax Code (23 Jun 2005)

Brian Cowen: As the Deputy will be aware, the Government is already providing support to parents through child benefit, grants under the equal opportunities childcare programme, capital allowances for expenditure on child care facilities and an exemption from a benefit-in-kind charge where employers provide free or subsidised child care facilities for their employees. There is a need to examine...

Written Answers — Tax Code: Tax Code (22 Jun 2005)

Brian Cowen: I am informed by the Revenue Commissioners that, while PAYE is not deducted at source from pensions paid by the Department of Social and Family Affairs, the tax due on taxable pensions, such as the old age pension, is collected via the PAYE system by way of adjustment of that individual's certificate of tax credits and standard rate cut-off point, that is, the individual's tax credits and...

Written Answers — Tax Code: Tax Code (22 Jun 2005)

Brian Cowen: The Revenue Commissioners require further information to determine the precise tax treatment of the reimbursement of expenses of travel and subsistence in the specific case giving rise to the Deputy's question. If the Deputy will provide the name and address of the relevant board member and the names of the relevant vocational education committee and institute of technology to my office, such...

Written Answers — Public Service Contracts: Public Service Contracts (22 Jun 2005)

Brian Cowen: The buy out arrangement recently introduced by the Oireachtas commission for certain secretarial assistants has no implications for entitlement to pension lump sums. However, what happens under future VER arrangements will be determined at the time and in the light of the factors then prevailing.

Written Answers — Tax Code: Tax Code (22 Jun 2005)

Brian Cowen: The Revenue Commissioners advise me that the taxpayer is entitled to two forms P60 as he has two different sources of income from the same company, namely, his pension and a part-time employment. However, he should only have one PPS number. The Department of Social and Family Affairs has informed the Revenue Commissioners that one was purged and amalgamated to the second number prior to 1992....

Written Answers — Tax Code: Tax Code (22 Jun 2005)

Brian Cowen: The Revenue Commissioners advise that a balancing statement together with a cheque for the amount due will issue to the taxpayer within the next ten days.

Written Answers — Tax Code: Tax Code (22 Jun 2005)

Brian Cowen: The Revenue Commissioners inform me that the amount of VAT collected from the supply of energy related goods and services cannot be identified in the overall yield of VAT as the information furnished on VAT returns does not require this to be identified. However, estimates of the VAT yield on energy sources, derived from CSO statistical data, are as follows: 2000 2001 2002 2003 2004 ...

Written Answers — Tax Code: Tax Code (22 Jun 2005)

Brian Cowen: The age tax credit was last changed in the 2002 budget when, in the context of the changeover to the euro, its value was increased slightly to €205 per annum for a single person aged 65 or over and to €410 per annum for a married couple where one or both spouses is aged 65 or over. It is not intended to function as a tax relief for those living alone. However, I would point out to the...

Written Answers — Tax Collection: Tax Collection (22 Jun 2005)

Brian Cowen: I have been advised by the Revenue Commissioners that the person concerned has applied for two income tax repayments, both of which have already issued to him, dated 12 May 2005 and 20 June 2005, respectively.

Written Answers — Departmental Reports: Departmental Reports (22 Jun 2005)

Brian Cowen: The information requested is being compiled by my Department and will be forwarded directly to the Deputy as soon as possible.

Written Answers — Tax Code: Tax Code (21 Jun 2005)

Brian Cowen: I am informed by the Revenue Commissioners that capital gains tax returns do not require the amount of indexation relief being claimed to be separately identified or the amount of indexation relief that would be appropriate if it had not been abolished. Accordingly, the specific information requested by the Deputy is not available.

Written Answers — Tax Code: Tax Code (21 Jun 2005)

Brian Cowen: I am informed by the Revenue Commissioners that the estimated cost of introducing indexation in stamp duty thresholds for residential and non-residential property, as well as mortgages, would be €8 million in a full year based on the yield for the first four months of 2005. The estimated cost is based on the indexation of the existing stamp duty thresholds for property and mortgages in line...

Written Answers — Tax Code: Tax Code (21 Jun 2005)

Brian Cowen: I am informed by the Revenue Commissioners that the cost to the Exchequer, estimated by reference to 2005 incomes, of indexation of credits and bands in line with an estimated average inflation rate of 2.5% for 2005 over 2004 is approximately €245 million. This estimate is based on indexation of the main personal tax credits, namely, single, married, widowed, lone parent and home carer, and...