Business State to amend concrete levy to exclude precast after industry backlash Department of Finance had signalled that precast would be subject to 5 per cent levy but has completed a U-turn after concerns it would advantage Northern Irish firms
business Northern firm seeks to gain from concrete levy by luring Irish firmsTobermore wrote to clients in Republic to advise them which precast products will not be subject to 5 per cent tax introduced to fund mica redress scheme
Construction Concrete levy will stop major infrastructure projects, say developers One concrete manufacturer described tariff, designed to recoup some of the costs of €3 billion mica redress scheme from the building industry, as a ‘nightmare’ scenario
Housing Department of Finance at odds with experts over cost of concrete levy on new homesGovernment figures diverge significantly from estimates drawn up by expert groups on how much the controversial 5% tax will add to the cost of building houses
Budget 2023 Builders say ‘blunt instrument’ concrete levy should still be resisted despite changesMinister for Finance confirms levy to be reduced to 5 per cent and introduction will be delayed by five months
Today's headlines Government to rethink block levy after backlash; Fears grow over Intel jobsThe top stories from business and politics in today’s Business Post
Budget 2023 Government to rethink concrete block levy after backlash from building industryDevelopers claimed charge could delay building projects or increase the cost of homes
Housing €70m concrete firm says mica levy could force it to cut hundreds of jobsCavan business O’Reilly Concrete fears it could lose 70 per cent of its 600-strong workforce if controversial 10 per cent levy is imposed next April
Housing Levy on blocks will delay social homes, says housing charitySociety of Chartered Surveyors Ireland estimates that the levy will add up to €4,000 to the cost of a regular semi-detached home