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#Department of Finance

# department-of-finance - Thursday 13 December, 2012

Department of Finance issues warning over hoax calls offering €2,000 refund

The caller tells recipients they are due the refund but will need to deposit €250 into a bank account in order to receive it.

# department-of-finance - Monday 10 December, 2012

Prospect of October Budget welcomed amid calls for more open process

Budget 2013 is less than a week old but already thoughts are turning to Budget 2014 and the possibility it could be held earlier than December next year.

# department-of-finance - Saturday 8 December, 2012

Opposition parties hit back at criticism of their alternative budgets

The government claims neither of the two main opposition parties had their pre-budget submissions fully costed but this has been described as a “complete red herring” by Fianna Fáil.

# department-of-finance - Tuesday 4 December, 2012

Exchequer returns: Government's tax take 0.5 per cent below target

The Department of Finance has released the last exchequer returns before tomorrow’s Budget with income tax take for November 12 per cent below target.

# department-of-finance - Saturday 1 December, 2012

Government income for 2012 to fall short of Budget target

The first documents for Budget 2013 show the government expecting a 4.5 per cent increase in income tax in 2013.

Aaron McKenna: Another tough Budget… but do the numbers add up?

With another €3billion in austerity on the way, the Government’s economic forecasts are starting to look more like fairy tales.

# department-of-finance - Wednesday 28 November, 2012

Majority of SMEs who requested credit from banks were approved

A total of 60 per cent of small businesses which applied for credit were successful according to the Red C poll.

# department-of-finance - Thursday 22 November, 2012

Poll: Are you worried about the Budget? Your Say This post contains a poll

Poll: Are you worried about the Budget?

There are less than two weeks to go until Budget 2013 is unveiled by Michael Noonan. Are you worried about what’s going to be in it?

# department-of-finance - Thursday 15 November, 2012

Growth forecast for this year raised, but next year's lowered

Mixed news from the government’s medium-term fiscal statement released yesterday.

# department-of-finance - Friday 9 November, 2012

Taxpayers could find out what their money is spent on by next year

Legislation which would provide the taxpayer with a detailed statement of how much tax they paid and where it was spent by the government is being debated in the Dáil today.

# department-of-finance - Thursday 8 November, 2012

Gilmore says €500,000 salaries for bank executives is "not acceptable"

The Tánaiste’s comments follow the release of figures that show six current executives at the former Anglo Irish Bank earn over half a million euro a year.

# department-of-finance - Friday 2 November, 2012

Exchequer returns show €2.9 billion deficit due, in part, to payment to the ESM

Spending at the Department of Social Protection was more than expected, whereas the Department of Jobs, Enterprise and Innovation continues to underspend.

# department-of-finance - Wednesday 24 October, 2012

The Evening Fix: Now with added Gangnam, United Nations style

Here are the things we loved, learned and shared today.

Lenihan letters: What’s been released, and what hasn’t

The release of further documents this week help to shed further light on Ireland’s bailout. But what don’t we know?

In full: Brian Lenihan tells the ECB why Ireland needs a bailout

“There comes a point at which negative sentiment starts to feed on itself … we are clearly at that point.”

Released: Brian Lenihan’s letter where Ireland asks for a bailout

The Department of Finance has released the letter of November 21, 2010 where Brian Lenihan says: ‘We need help.’

# department-of-finance - Thursday 18 October, 2012

Increase in Revenue resources could generate €100m a year

An investment of €6.5 million in additional staff focused on targeting black market activity and increased audit activity could bring in the funds, Michael Noonan has said.

# department-of-finance - Wednesday 17 October, 2012

Party delegations meet the Troika today

Delegations from Sinn Féin and Fianna Fáil are meeting the Troika this morning.

# department-of-finance - Tuesday 16 October, 2012

Department of Finance head: Debt should be written off for those who really can't pay

John Moran tells the Irish Bankers’ Federation that merely not calling in debts won’t cut it – they need to be removed totally.

# department-of-finance - Sunday 14 October, 2012

Government insists Croke Park savings are not overstated

The Department of Public Expenditure says Croke Park savings don’t include estimates for overheads – hours after Simon Coveney said otherwise.

Coveney: Department 'was being accurate' in rejecting government's Croke Park criteria

Simon Coveney says Department of Finance guidelines for calculating Croke Park savings are not realistic in his case.

# department-of-finance - Tuesday 2 October, 2012

Exchequer returns show tax take up but deficit at over €11bn

Spending at the Departments of Health and Social Protection were more than expected, according to the latest figures from the Department of Finance.

The 5 at 5: Tuesday

5 minutes, 5 stories, 5 o’clock…

# department-of-finance - Friday 28 September, 2012

Over €4.1m in pensions paid to former ministers last year

Most current government ministers entitled to pensions from previous ministerial posts surrendered them last year but Finance Minister Michael Noonan didn’t. Bertie Ahern handed back some of his annual pension.

# department-of-finance - Tuesday 4 September, 2012

Tax revenues ahead of target by 1.7 per cent

Tax revenues to the end of August have brought in €365 million more than expected.

# department-of-finance - Saturday 1 September, 2012

No plans to release ECB letters despite newspaper report

The Irish Times publishes details of letters the ECB sent to Brian Lenihan in the lead-up to Ireland seeking a bailout two years ago leading to more calls for the letters to published in full.

# department-of-finance - Tuesday 28 August, 2012

Senator says government should shelve property tax proposal

Fianna Fáil Senator Darragh O’Brien described the household charge as a “disaster” and said it is not the right time to put in place a new property tax system.

Poll: Should the new property tax be deducted from PAYE? Your Say This post contains a poll

Poll: Should the new property tax be deducted from PAYE?

The Department of Finance says it’s up to the Revenue Commissioners to decide how it’ll be levied. Should it be at source?

Department: Up to Revenue to decide how property tax is paid

Though ministers will decide how the tax rate will be decided, it’s up to Revenue to see whether it may be deducted with PAYE.

# department-of-finance - Sunday 26 August, 2012

We asked for copies of the ECB’s letters to Brian Lenihan. Here’s what happened

With the letters back in the news today, we thought we’d publish the response to a request we made in April 2011.

Property Tax introduction report 'will be considered by Govt in due course'

Recent updates to Ireland’s Memorandum of Understanding have shown plans to introduce the tax in Budget 2013.

Poll: Should ECB letters sent before the bailout be released? Your Say This post contains a poll

Poll: Should ECB letters sent before the bailout be released?

Michael Noonan has been asked to publish letters which allegedly bullied Ireland into its bailout. Should he?

Will Noonan publish the ECB letter that forced Ireland into a bailout?

Fianna Fáil has called on Michael Noonan to publish Jean-Claude Trichet’s letter himself, after the minister said it should be released.

# department-of-finance - Saturday 25 August, 2012

Government called on to clarify Budget plans for income tax, social welfare

Michael McGrath TD says that the latest updates to Ireland’s bailout terms contradict pledges in the Programme for Government.

Healy-Rae vindicated as 2013 licence plates to avoid 'unlucky 13'

Government is looking to introduce a new licence-plate system to boost car sales next year – when Healy-Rae first mooted the idea in February, he said he was “ridiculed”.

# department-of-finance - Friday 24 August, 2012

Deposits in Irish banks up 10 per cent in last year

The Department of Finance says increases in deposits at Ireland’s covered banks demonstrate “depositor confidence”.

# department-of-finance - Sunday 12 August, 2012

Astronomical figures and Dáil drinks: The week in quotes Said And Done This post contains images

Astronomical figures and Dáil drinks: The week in quotes

“Either take off the cross or put on pants.”

# department-of-finance - Thursday 2 August, 2012

Latest figures show government's tax income ahead of target

The Exchequer Returns for the end of July show the tax take is 2.5 per cent ahead of target, and 9 per cent up on last year.

# department-of-finance - Monday 30 July, 2012

Internal candidate John Hogan to head Finance Dept banking policy

He will be in charge of policy for red-hot recession issues including mortgage arrears and lending to SMEs.

# department-of-finance - Friday 27 July, 2012

Irish bond auction welcomed but 'country is still on life support'

The NTMA auctioned over €4 billion in Irish bonds yesterday in the first long-term debt sale since the bailout.