Michael Healy-Rae (Kerry, Independent)
Link to this: Individually | In context | Oireachtas source

158. To ask the Minister for Finance if he took into account the cost of haulage when he proposed the 10% levy on concrete products (details supplied); and if he will make a statement on the matter. [49154/22]

Paschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

As was announced in my Budget 2023 speech last Tuesday, September 27^th, I propose to introduce a levy on concrete blocks, pouring concrete and certain other concrete products, which are used in the construction of buildings. This levy will be set at a rate of 10% on the price of the concrete product, and will apply at the point of first supply of the product in the State. It will apply from 03 April 2023.

This follows on from a Government Decision of November 2021 which approved an enhanced redress scheme for households which have been impacted by the use of defective concrete products in the construction of their homes.

That Government decision also agreed to the development of a levy so that the construction industry would make a contribution that would go some way to offset the significant costs of the Defective Concrete Blocks (Mica) Redress Scheme, which is currently estimated at €2.7 billion. The levy is designed to raise a target revenue of €80 million per annum.

Further detail on the levy, and in particular in regards to the specific products it will apply to will be set out in the Finance Bill 2022 when that is published on 20 October.