Oireachtas Joint and Select Committees

Tuesday, 12 December 2017

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Cost of Doing Business in Ireland: Discussion (Resumed)

4:00 pm

Mr. Tom Parlon:

If one takes the example of a house sold for €300,000 or €320,000, the VAT is approximately €40,000, the development levies to the local authority are approximately €15,000, the Part V contribution, which goes to social housing, is approximately €10,000, the connection to Irish Water is €5,000 and if one takes a cost of €50,000 per site in Dublin, one has reached €110,000 or €120,000 with just those costs.