Results 1-20 of 22 for agriculture scheme data speaker:Michael Noonan

Written Answers — Department of Finance: Tax Yield (18 Dec 2012)

Michael Noonan: Budget 2013 introduced four measures relating to the taxation of the farming sector, none of which incur extra tax on the agricultural sector. The Budget provided for the extension of the general rate of stock relief of 25% for a further three years to 2015; and for an extension of the young trained farmer (YTF) rate of stock relief of 100% for a further three years to 2015, subject to...

Written Answers — Department of Finance: Tax Code (24 May 2016)

Michael Noonan: ...information on Capital Acquisitions Tax (CAT) and other taxes. A breakdown of CAT net receipts, including inheritance tax, is shown at: . Information on tax expenditures, including in relation to Agricultural Relief and Business Relief for 2011 to 2014, is available at . The relevant provisional figures for 2015 relating to Agricultural Relief are 2,024 claims at an estimated tax cost of...

Written Answers — Department of Finance: Tax Reliefs Cost (5 Nov 2014)

Michael Noonan: The Deputy may be aware that I commissioned a review of the tax reliefs available to the farming sector, in conjunction with my colleague the Minister for Agriculture, Food and the Marine, in last year's Budget. This process entailed three distinct processes: - A public consultation - An independent cost benefit analysis - An international comparison with other jurisdictions An...

Written Answers — Department of Finance: Fuel Rebate Scheme (6 Feb 2014)

Michael Noonan: I assume the Deputy's question relates to the differential mineral oil tax rates that apply to auto-diesel and marked gas oil. The question of introducing a rebate scheme for users of marked gas oil has been addressed in previous parliamentary debates.  I am advised by the Revenue Commissioners, who have responsibility for the collection of mineral oil tax and for tackling illicit trade...

Written Answers — Department of Finance: Credit Availability (28 Feb 2017)

Michael Noonan: ...This includes decisions in relation to products as determined by the banks.  However, in line with Action 62 of the Action Plan for Jobs 2017, officials from my Department collate and examine data from AIB and Bank of Ireland on a monthly basis, including data pertaining to the various sectors. Furthermore, my officials meet the banks on a quarterly basis to ensure an informed...

Written Answers — Department of Finance: Fuel Oil Specifications (11 Jun 2013)

Michael Noonan: I assume the Deputy's question relates to the differential mineral oil tax rates that apply to auto-diesel and marked gas oil. The question of introducing a rebate scheme for users of marked gas oil has been addressed in previous parliamentary debates. I am advised by the Revenue Commissioners, who have responsibility for the collection of mineral oil product taxation and for tackling...

Written Answers — Department of Finance: Household Charge Collection (18 Sep 2013)

Michael Noonan: ...properties to a waiver from the 2012 Household Charge. Accordingly, information on outstanding Household Charges is not currently available and is not likely to be available for some time. Compliance data for the Local Property Tax, broken down on a local authority basis and including Carlow and Kilkenny County Councils, are published on the Commissioners' website at...

Written Answers — Department of Finance: Fuel Laundering (15 Jan 2015)

Michael Noonan: ...to limit the ability of criminals to source marked fuel for laundering; - New requirements in relation to fuel traders' records of stock movements and fuel deliveries were introduced to ensure data are available to assist in supply chain analysis; - Following a significant investment in the required IT systems, a new supply chain reporting regime was introduced from January 2013,...

Written Answers — Department of Finance: Tax Reliefs Eligibility (10 Dec 2013)

Michael Noonan: ...are working. The wide range of existing tax expenditures for the farming sector have grown up over time, largely on a piecemeal basis. It is very difficult to assess the effectiveness of existing schemes and whether or not they maximise value for money. The most recent estimates on the tax forgone to the sector is estimated at over €350 million, although there are a number of areas...

Written Answers — Department of Finance: Customs and Excise Protocols (6 Nov 2012)

Michael Noonan: ...together. I have been informed by the Revenue Commissioners who have responsibility for mineral oil tax that they do assign a separate code to marked gas oil imports in their regular return of data to the Central Statistics Office. In addition, details of all hydrocarbon oils, including marked gas oil, retained for home use are included in Revenue’s annual Statistical Report,...

Written Answers — Department of Finance: Fuel Rebate Scheme (27 Feb 2014)

Michael Noonan: ...of marking gas oil (diesel) has been an efficient means of delivering a tax rebate on a product used by a very large number of users across a wide range of uses.  These uses extend well beyond agriculture to include the propulsion of trains, the operation of construction and industrial machinery, commercial sea navigation (including fishing) and for commercial and home heating...

Written Answers — Department of Finance: Tax Code (25 Sep 2013)

Michael Noonan: ...related travel to Algeria, Democratic Republic of Congo, Egypt, Ghana, Kenya, Nigeria, Senegal & Tanzania to help boost demand for Irish goods and services abroad 6. Extending the Employment and Investment Incentive scheme to 2020 to help companies access funding 7. Extending the general rate and Young Trained Farmers rate of stock relief and amendments to the definition of...

Written Answers — Department of Finance: Fuel Laundering (2 Jul 2013)

Michael Noonan: ...products and electricity, permits diesel used for certain industrial and commercial purposes to be subjected to a lower rate of energy tax than that applied to auto-diesel. Those purposes include agricultural, horticultural and piscicultural works and in forestry, in stationary motors and in plant and machinery used in construction, civil engineering and public works. The Directive...

Finance Bill 2013: Second Stage (19 Feb 2013)

Michael Noonan: ..., and the economy is expected to record the third straight year of growth in 2013. Progress is real and tangible but much remains to be achieved. The most recent Central Statistics Office, CSO, data show that in the first three quarters of 2012 GDP increased by 0.8% compared with the same period a year earlier. Growth continues to be driven by exports which increased by 3.2% in the...

Written Answers — Department of Finance: Tax Code (24 Oct 2013)

Michael Noonan: ...related travel to Algeria, Democratic Republic of Congo, Egypt, Ghana, Kenya, Nigeria, Senegal & Tanzania to help boost demand for Irish goods and services abroad - Extending the Employment and Investment Incentive scheme to 2020 to help companies access funding - Extending the general rate and Young Trained Farmers rate of stock relief and amendments to the definition of...

Written Answers — Departmental Agencies: Departmental Agencies (26 Apr 2012)

Michael Noonan: ...the cost of managing claims under its remit. For example during 2011 the SCA achieved significant savings on claims and related legal costs associated with the management of the Clinical Indemnity Scheme (CIS). An independent actuarial assessment projected that €106 million would be required to satisfy CIS claims and related costs in 2011. The outturn for the year was €81 million,...

Written Answers — Department of Finance: Departmental Functions (18 May 2016)

Michael Noonan: .... A standard rated tax credit of €12,000 would shield €60,000 of income. Given the large numbers on housing lists, this could be of significant cost. However, the nature of the proposal is not fully clear. Further information concerning the number of landlords who might avail of such a scheme, the level of uptake by families and the types of income against which the credit...

Written Answers — Department of Finance: Fuel Laundering (5 Feb 2015)

Michael Noonan: ...limit the ability of criminals to source marked fuel for laundering. - New requirements in relation to fuel traders' records of stock movements and fuel deliveries were introduced to ensure that data would be available to support supply chain analysis. - Following a significant investment in the required IT systems, new supply chain controls were introduced from January 2013. These...

Written Answers — Department of Finance: Tax Reliefs Data (10 Dec 2015)

Michael Noonan: ...under each Tax and Duty heading. Unless otherwise stated the figures relate to the year 2013. Income Tax/Corporation Tax Reliefs The following table is a list of the property based incentive schemes qualifying for capital allowances. It should be noted some of these figures are provisional. While the majority of these schemes have been terminated (capital allowances have been retained for...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Forthcoming ECOFIN Council: Minister for Finance (1 Dec 2015)

Michael Noonan: ...Ministers where member states stand in terms of the implementation of the banking union, particularly in the context of the transposition of the bank recovery and resolution directive, BRRD, the deposit guarantee scheme directive and the ratification of the intergovernmental agreement to the Single Resolution Mechanism and I have already updated the committee on these in my remarks about...