Results 181-200 of 9,948 for speaker:Brian Lenihan Jnr in 'Written Answers'

Written Answers — EU-IMF Programme of Financial Support: EU-IMF Programme of Financial Support (12 Jan 2011)

Brian Lenihan Jnr: The policy conditionality associated with the EU-IMF Programme for Ireland is set out in the Memorandum of Economic and Financial Policies and in the Memorandum of Understanding on Specific Economic Policy Conditionality. These documents together with the Technical Memorandum of Understanding which are collectively referred to as the MoU have been laid before the Houses of the Oireachtas....

Written Answers — Official Engagements: Official Engagements (12 Jan 2011)

Brian Lenihan Jnr: As the Deputy will be aware, there is an ongoing debate at European level in relation to sovereign debt levels and how these might be reduced. While I am aware of the Chancellor's views, I do not currently have any plans to meet with Chancellor Merkel in relation to the matter mentioned by the Deputy. However, I am in regular contact with my European colleagues, including the German Finance...

Written Answers — Banking Charges: Banking Charges (12 Jan 2011)

Brian Lenihan Jnr: I have no function in the approval of banking charges. This is a matter for the Central Bank, which has statutory responsibility in this area. Under section 149 of the Consumer Credit Act 1995, banks may only impose charges up to the maximum levels approved by the Central Bank. Where a bank has exempted customers who meet certain criteria from charges, and subsequently change the criteria,...

Written Answers — Departmental Expenditure: Departmental Expenditure (12 Jan 2011)

Brian Lenihan Jnr: Current spending was 0.6% or €231 million above profile and capital expenditure was -1.4% or -€82 million below profile.

Written Answers — Proposed Legislation: Proposed Legislation (12 Jan 2011)

Brian Lenihan Jnr: The Government has confirmed its support for the Construction Contracts Bill which was introduced in the Seanad by Senator Feargal Quinn. In this regard, the Government is working closely with the Senator to develop a robust piece of legislation that provides a remedy to parties operating at various levels under a construction contract when payments are not forthcoming. This is a complex...

Written Answers — National Asset Management Agency: National Asset Management Agency (12 Jan 2011)

Brian Lenihan Jnr: NAMA has acquired eligible assets from the Participating Institutions, which for the most part, consist of loans. The property or other assets securing these loans remain in the possession of the Debtor. In cases where enforcement action is taken against a Debtor, NAMA may ultimately take ownership of property but it is expected that in the majority of these instances the property will be...

Written Answers — Disabled Drivers: Disabled Drivers (12 Jan 2011)

Brian Lenihan Jnr: I have no plans to amend the current regulations covering the issue of a Primary Medical Certificate under the Disabled Drivers and Disabled Passengers (Tax Concessions) Regulations 1994 to allow any designated area medical officer to sign off rather than the Senior Area Medical Officer.

Written Answers — Tax Code: Tax Code (12 Jan 2011)

Brian Lenihan Jnr: The position is that cohabitating couples are expressly recognised for the purpose of social welfare law but are not recognised for the purposes of Income Tax law. Although this may appear contradictory, the main aim of both the welfare code and the tax code is to uphold the constitutional right of married couples not to be treated less favourably than unmarried couples. The basis for the...

Written Answers — Financial Services Regulation: Financial Services Regulation (12 Jan 2011)

Brian Lenihan Jnr: I am advised by the NTMA that according to the most recent figures available from the Central Bank of Ireland, Irish resident institutions and individuals held €15.5 billion of Irish Government stock at end-November 2011, equivalent to 17.2% of the total.

Written Answers — Departmental Contracts: Departmental Contracts (12 Jan 2011)

Brian Lenihan Jnr: Clause 5 of the Public Works contracts require main contractors and all subcontractors employed by main contractors to comply with the rates of pay and conditions of employment including pension contributions in employment agreements registered under the Industrial Relations Acts 1946 to 2004. The one exception is in regard to the registered agreement for pensions where a firm registered in...

Written Answers — Fiscal Policy: Fiscal Policy (12 Jan 2011)

Brian Lenihan Jnr: Based on the market conditions prevailing at the time of the agreement, the interest rate on the UK loan is 5.9%. The amount lent to Ireland by the UK will be the sterling equivalent of €3.8bn. The interest rate is based on a 7.5 year period. The rate on each tranche will be a fixed rate, set by adding a fixed margin to the sterling 7.5 year swap rate at the time of disbursement. The...

Written Answers — Black Economy: Black Economy (12 Jan 2011)

Brian Lenihan Jnr: My Department does not produce estimates of the size of the informal economy nor of the estimated loss to the exchequer arising from such activities. Internationally, a considerable amount of research has been undertaken in this area but, by definition, it is always difficult to quantify the scale of the informal economy. Having said that, the Central Statistics Office in compiling...

Written Answers — Departmental Expenditure: Departmental Expenditure (12 Jan 2011)

Brian Lenihan Jnr: My Departments has incurred no costs in relation to the provision of computers or software in my private and constituency office from 2007 as the existing computers and software were purchased prior to 2007. 2007 2008 2009 2010 Private & constituency Office Computers Nil Nil Nil Nil Software Nil Nil Nil Nil Printers Nil â'¬678 Nil â'¬474

Written Answers — Tax Yield: Tax Yield (12 Jan 2011)

Brian Lenihan Jnr: The information requested, estimated by reference to the income tax year 2010, is set out in the following table. However, because of the Revenue Commissioners' obligation to observe confidentiality in relation to the taxation affairs of individual taxpayers and small groups of taxpayers, the breakdown by income bands requested by the Deputy is not provided in relation to incomes exceeding...

Written Answers — Tax Code: Tax Code (12 Jan 2011)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that under the provisions of the Value-Added Tax Consolidation Act 2010, and the EU VAT Directive with which Irish VAT law must comply, the place of supply, and hence the place of taxation, of television services that are supplied to non-taxable persons by a business in the EU is where the supplier of those services has established its business. In...

Written Answers — Tax Reliefs: Tax Reliefs (12 Jan 2011)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that the estimated amount of tax foregone by the Exchequer in respect of film relief for the years 2009 and 2010 is €42 million and €65 million respectively. The cost figure for 2010 is provisional and may be revised. Projections for tax receipts are based on assumed movements in macro-economic parameters and not by reference to the costs of...

Written Answers — Departmental Expenditure: Departmental Expenditure (12 Jan 2011)

Brian Lenihan Jnr: The below amounts were paid to the company in question during the years 2006-2010: Date Amount Detail 08 March 2007 42,592.00 Update of review of scheme of tax relief for residential units associated with nursing homes. 06 December 2007 92,111.25 Review of Section 481 Film Relief Scheme

Written Answers — EU Funding: EU Funding (12 Jan 2011)

Brian Lenihan Jnr: The Risk Sharing Finance Facility, based on the principle of sharing credit risk between the European Community and the European Investment Bank (EIB), is an EIB lending facility intended to improve access to debt financing for private companies and public institutions promoting research, development and innovation activities. The scope of eligible activities is wide and extends from...

Written Answers — Tax Code: Tax Code (12 Jan 2011)

Brian Lenihan Jnr: The European Court of Justice Case C-554/07, which concerns the VAT treatment of State and public bodies in Ireland, ruled against Ireland on 16 July 2009. In compliance with the Court's ruling, Section 117 of the Finance Act 2010 included provision to make public bodies subject to VAT with effect from 1 July 2010. In summary, the VAT Act 1972, which has since been consolidated into the...

Written Answers — State Assets: State Assets (12 Jan 2011)

Brian Lenihan Jnr: As the Deputy is aware, a delegation from the EU Commission, the International Monetary Fund and the European Central Bank visited Dublin in November 2010 to finalise a programme of financial assistance for Ireland. During this visit, the delegation was briefed on a number of issues of interest, including the ongoing work of the Review Group on State Assets and Liabilities. The International...