Results 1,761-1,780 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Tribunals of Inquiry Expenditure (1 Dec 2016)

Michael Noonan: This question has been copy transferred to other Government Departments. With regard only to legal fees paid by the Department of Finance in respect of tribunals of inquiry established by the State and any resulting legal actions for the years 2006 to 2016, it has not been possible in the time available to establish definitively the extent of any such legal fees which may have...

Written Answers — Department of Finance: Help-To-Buy Scheme (1 Dec 2016)

Michael Noonan: Since their introduction in February 2015, the Central Bank macro prudential rules have served an important function by enhancing the resilience of the banks and of households and preserving the stability of the financial system as a whole. As part of this core function, the Central Bank committed itself to keeping the measures under review and making the necessary adjustments to reflect the...

Written Answers — Department of Finance: Property Tax Exemptions (1 Dec 2016)

Michael Noonan: Revenue has advised me that there are 3,257 residential properties availing of the Local Property Tax (LPT) 'unfinished housing estate' exemption as provided for by Section 10 of the Finance (Local Property Tax) Act 2012 (as amended). To qualify for the exemption, a housing estate or a portion of a housing estate had to be prescribed (as unfinished) by the Minister for Housing, Planning,...

Written Answers — Department of Finance: Government Debt Servicing Cost (1 Dec 2016)

Michael Noonan: The most recent projections of the expected annual cost of servicing the government debt  are detailed in table A3, General Government interest expenditure 2015 - 2021 in Annex 2 of the Budget 2017 document published in October of this year. These figures are republished below for the Deputy's convenience. Year 2017 2018 2019 2020 2021 General Government Interest...

Written Answers — Department of Finance: Strategic Banking Corporation of Ireland (1 Dec 2016)

Michael Noonan: The Strategic Banking Corporation of Ireland (SBCI) began lending in March 2015. Its goal is to increase the availability of low cost, flexible funding to 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 level of lending to SMEs is to a large degree driven by market demand, and...

Written Answers — Department of Finance: Pension Levy Data (1 Dec 2016)

Michael Noonan: The Pension Scheme Levy was introduced in 2011. For the years 2011, 2012 and 2013 the rate was 0.60% of the scheme assets. For the year 2014 the rate was 0.75% of the assets and for the year 2015, the final year of the levy, the rate was 0.15%. Under the legislation, the payment of the levy is treated as a necessary expense of a pension scheme and the trustees or insurer, as appropriate,...

Written Answers — Department of Finance: Tax Collection (30 Nov 2016)

Michael Noonan: I am advised by Revenue that in the event that an incorrect self assessment by a section 110 company is identified by Revenue, the taxpayer will be pursued for any tax liabilities that arise together with any interest and penalties. In Section 22 of the 2016 Finance Bill I have brought forward changes as to how section 110 companies are taxed.  These changes, which are...

Written Answers — Department of Finance: Tax Code (30 Nov 2016)

Michael Noonan: The Finance Bill 2016 has just been passed by Dáil Éireann and is due to be considered by the Seanad in December.  In Section 52 of the Bill, I have provided for an amendment to section 86 of the Capital Acquisitions Tax Consolidation Act 2003, the section that provides an exemption from capital acquisitions tax on the inheritance or gift of a dwelling house in certain...

Written Answers — Department of Finance: Capital Allowances (29 Nov 2016)

Michael Noonan: I am advised by Revenue that the number of Waterford businesses that have availed of accelerated capital allowances in any given year between 2012 and 2015 is between 1 and 10. Figures for 2016 are not yet available. According to Revenue records, no businesses in the county availed of the scheme in 2011. The Deputy may be aware that the provisions of Section 851A of the Taxes...

Written Answers — Department of Finance: Help-To-Buy Scheme (29 Nov 2016)

Michael Noonan: As I have already answered in response to the Deputy's identical question of 24 November last, the Help to Buy incentive is a new income tax relief designed to assist first-time buyers with obtaining the deposit required to purchase or build their first home. With a view towards increasing the supply of new housing, the relief will only be available in respect of 'new builds'. To be...

Written Answers — Department of Finance: Tax Credits (29 Nov 2016)

Michael Noonan: The Single Person Child Carer Credit (SPCCC) replaced the One-Parent Family Tax Credit (OPFTC) with effect from 1 January 2014.  It operates differently from the One-Parent Family Credit in that it is available in the first instance only to the Primary Claimant. The Primary Claimant is the individual with whom the child resides for the whole or greater part of the year.  The...

Written Answers — Department of Finance: Departmental Staff Data (29 Nov 2016)

Michael Noonan: I propose to take Questions Nos. 145 to 148, inclusive, together. The number of staff from my Department currently seconded to other Departments or Agencies in the Civil Service per annum from 2010 to date in 2016 is contained in the table. No staff from my Department has appealed against a secondment. Secondments are considered by the Executive Board of my Department and are agreed with the...

Written Answers — Department of Finance: Pensions Legislation (29 Nov 2016)

Michael Noonan: The transfer of the deferred benefits of a member of an occupational pension scheme or a Personal Retirement Savings Account (PRSA) contributor's PRSA fund to an overseas pension arrangement is permitted, subject to the transfer complying with the Occupational Pension Schemes and Personal Retirement Savings Accounts (Overseas Transfer Payments) Regulations, 2003 and Revenue requirements. The...

Written Answers — Department of Finance: Company Law (29 Nov 2016)

Michael Noonan: Section 790 of the Companies Act 2014 provides that no information, book or document relating to a company that has been obtained under any of sections 778 to 780, 783 or 787 of the Companies Act 2014 shall be published or disclosed unless (a) the company in question consents to the publication or disclosure, (b) the publication or disclosure is, in the opinion of the Director of the Office...

Written Answers — Department of Finance: Departmental Funding (29 Nov 2016)

Michael Noonan: There was no provision in the Vote for my Department for funding for projects for the years in question.

Written Answers — Department of Finance: Departmental Funding (29 Nov 2016)

Michael Noonan: There was no provision in the Vote for my Department for funding for projects for the years in question.

Written Answers — Department of Finance: Departmental Funding (29 Nov 2016)

Michael Noonan: There is no provision in the Vote for my Department for funding for projects in 2017.

Written Answers — Department of Finance: Departmental Funding (29 Nov 2016)

Michael Noonan: There was no provision in the Vote for my Department for funding for projects for the years in question.

Written Answers — Department of Finance: Departmental Funding (29 Nov 2016)

Michael Noonan: There was no provision in the Vote for my Department for funding for projects for the years in question.

Written Answers — Department of Finance: Departmental Funding (29 Nov 2016)

Michael Noonan: There is no provision in the Vote for my Department for funding for projects in 2017.