Tuesday January 28, 2020

High levies hampering development

Some potential developments are being rendered financially unviable due to local authority charges

22nd August, 2009

With dramatic falls in end values and income, the negative impact that development levies can have on land values is becoming more and more pronounced. In addition to the standard S48 levies of the Planning and Development Acts, supplementary levies, or S49 levies, are having a burdensome effect on development.

S49 development contribution schemes require payment of contributions in respect of public infrastructure or projects. In some instances, the cost of these additional levies is...

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