Results 21-40 of 9,948 for speaker:Brian Lenihan Jnr in 'Written Answers'

Written Answers — Tax Code: Tax Code (1 Feb 2011)

Brian Lenihan Jnr: Section 23 of the Finance Bill 2011 as passed provides for the progressive restriction and eventual abolition of the use of accelerated capital allowances under the various property and area-based tax incentive schemes. This includes the scheme for qualifying residential units associated with registered nursing homes. At the time of the Budget last December I undertook to have an...

Written Answers — Banks Recapitalisation: Banks Recapitalisation (1 Feb 2011)

Brian Lenihan Jnr: On 23 December 2010 an application was made to the High Court for a Direction Order under section 9 of the Credit Institutions (Stabilisation) Act 2010. No additional applications have been made under the Act since that date. The power to apply to the High Court for a Direction Order will remain in place until 31 December 2012, as provided for in the Credit Institutions (Stabilisation) Act...

Written Answers — Disabled Drivers: Disabled Drivers (27 Jan 2011)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that under the revised registration procedures (operated by the National Car Testing Service (NCTS) since 1 September 2010), the Revenue Commissioners continue to manage and administer the scheme of relief from vehicle registration tax (VRT) for Disabled Drivers and Disabled Passengers. In this regard, where Revenue approves an application for...

Written Answers — Tax Code: Tax Code (27 Jan 2011)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the person named is currently taxed under PAYE on a private pension and his tax credits have been reduced to take account of a Department of Social Protection pension of €5750. In view of the age entitlements of the named individual it is not however clear that the correct DSP pension amount has been included in the tax credit reduction and...

Written Answers — Tax Yield: Tax Yield (27 Jan 2011)

Brian Lenihan Jnr: If an employee is given free shares by his or her employer, the employee is normally chargeable to income tax on the value of the shares, just as the employee would be chargeable to income tax on the value of a cash bonus. However, where the shares are awarded by an employer to an employee through a Revenue approved profit sharing scheme, the employees are not chargeable to income tax on the...

Written Answers — State Bodies: State Bodies (27 Jan 2011)

Brian Lenihan Jnr: The Report of the Special Group on Public Service Numbers and Expenditure Programmes outlined 43 rationalisation measures concerning State agencies and other bodies and information on the status of these proposals, including information on the numbers employed, as reported to my Department is set out in Table 1. In summary, 3 decisions have been taken to implement the proposed...

Written Answers — Health Service Staff: Health Service Staff (27 Jan 2011)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that the HSE have confirmed a P45 was issued to the named individual on 24th January 2011.

Written Answers — Ministerial Correspondence: Ministerial Correspondence (27 Jan 2011)

Brian Lenihan Jnr: The correspondence which the Deputy refers to proposes that mortgage holders should be able to access monies invested in their pension funds before the date of maturity in order to meet mortgage repayments on their homes or investment properties. Responsibility for occupational pensions' policy rests with my colleague the Minister for Social Protection. However, as the Deputy will be aware...

Written Answers — Tax Code: Tax Code (27 Jan 2011)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that they are still awaiting further information from the taxpayer concerned before they will be in a position to deal with any possible refund.

Written Answers — Tax Code: Tax Code (27 Jan 2011)

Brian Lenihan Jnr: The position is that all income tax credits with the exception of the aged tax credits where reduced by approximately 10% in Budget 2011. In addition, the single standard rate band was reduced by approximately 10% and the relationship between the single standard rate band and the additional rate bands was maintained. For example, the one-parent family rate band which is available to widowed...

Written Answers — Universal Social Charge: Universal Social Charge (27 Jan 2011)

Brian Lenihan Jnr: The position is that the Universal Social Charge (USC) is applied at the following rates: · 2% on the first €10,036 (€193 per week) · 4% on the next €5,980 (€193.01 to €308.00 per week) and · 7% on the balance. For persons aged 70 years and over the USC is applied at the following rates: · 2% on the first €10,036 (€193 per week) · 4% on the balance. In addition, I should...

Written Answers — Pension Provisions: Pension Provisions (26 Jan 2011)

Brian Lenihan Jnr: Membership of the Public Sector Transfer Network is voluntary. The former Irish Sugar Company made a decision not to join and, now that the company no longer exists, that decision cannot be reversed.

Written Answers — Proposed Legislation: Proposed Legislation (26 Jan 2011)

Brian Lenihan Jnr: Apart from the 2011 Finance Bill, I do not envisage bringing forward any further legislative proposals before the anticipated dissolution of this Dáil. Other legislative proposals that have been approved by Government or that have been under consideration in my Department are set out in the table. Title Purpose of Bill Heads of Bill approved by Government NAMA Amendment Bill To fulfil...

Written Answers — Tax Code: Tax Code (26 Jan 2011)

Brian Lenihan Jnr: I am advised by the Revenue Commissioners that income tax was deducted from the pension of the person in question following the changes that I announced in Budget 2011 to the Personal, Employee (PAYE) and Aged tax credits. In addition, the person in question is now liable for deductions under the new Universal Social Charge. If the taxpayer in question wishes to contact their local Revenue...

Written Answers — Tax Code: Tax Code (25 Jan 2011)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that, as the information furnished on tax returns does not generally require the yield from a particular sector or sub-sector of economic activity to be identified, the precise figures of net yield of tax revenues from the taxi industry cannot be readily identified. Information can, however, be provided on an estimated basis to indicate the...

Written Answers — Tax Code: Tax Code (25 Jan 2011)

Brian Lenihan Jnr: The section in the Finance Act 2010 that provides for application of the carbon tax to solid fuels (coal and commercial peat) is subject to a Ministerial Commencement Order. This approach was primarily adopted in order to allow time for a robust mechanism to be put in place to improve the control of high sulphur coal being sourced from Northern Ireland suppliers. The Department of...

Written Answers — Tax Code: Tax Code (25 Jan 2011)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that a PAYE Balancing Statement (P21) for the year 2009 will issue to the person concerned shortly.

Written Answers — Tax Code: Tax Code (25 Jan 2011)

Brian Lenihan Jnr: I have been advised by the Revenue Commissioners that a PAYE Balancing Statement (P21) for the year 2009 will issue to the person concerned shortly.

Written Answers — Inter-departmental Communications: Inter-departmental Communications (25 Jan 2011)

Brian Lenihan Jnr: I did not make any external telephone calls on the night of 29 September and early morning of 30 September 2008 to seek advice in relation to the bank guarantee or other options for resolving the banking crisis. However, I did make telephone calls to the following people to advise them of the bank guarantee: Irish Ambassador to France Ms. Christine Lagarde, Minister for Finance, France...

Written Answers — Universal Social Charge: Universal Social Charge (25 Jan 2011)

Brian Lenihan Jnr: The Universal Social Charge (USC) is a tax which replaces the income and health levies. It is intended to broaden the tax base in an equitable manner. USC receipts will be collected under the income tax sub-head. The Budget 2011 projections for receipts from the USC are set out as follows. 2011 2012 2013 2014 Universal Social Charge (€ billions) €3.3 €4.1 €4.3 €4.5 In addition to...