Oireachtas Joint and Select Committees
Wednesday, 26 October 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Concrete Block Levy: Discussion
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
Given that there are only two products being levied, which are concrete blocks and the aerated blocks, and that lintels, precast stairs and floors and all the apartments that are being constructed using precast walls are all excluded, the rate did not come down by very much. If everything that had been included in the rate had been reduced to 5%, one would expect a revenue stream of €40 million. This reduction has only reduced the revenue by €8 million further by excluding all of these items.
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