Seanad debates

Tuesday, 10 December 2002

Planning and Development (Amendment) Bill, 2002: Second Stage.

 

What guarantee exists concerning the levy of 0.5% of the cost of a house up to the value of €270,000 and 1% of the cost of a house of a value equal to or greater than €270,000 which will be imposed on houses built on foot of planning permissions due to expire at the end of December? The builders will pay the levy on each house and the proceeds will go towards social and affordable housing. The Minister stipulated that they will not be able to add the levy to the price of the houses. What mechanism exists to prevent this happening? How can the Minister reconcile saying builders were trousering the €3,800 grant with a reassurance that the levy of 0.5% or 1% will not be passed on to the client? His thinking is flawed and not based in reality.

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