Department of Finance at odds with experts over cost of concrete levy on new homes

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Government figures diverge significantly from estimates drawn up by expert groups on how much the controversial 5% tax will add to the cost of building houses

The Department of Finance is at odds with an expert group over how much the new concrete levy – which has been significantly pared back after widespread criticism – will add to the cost of building new homes.

Officials from the department will tell the Oireachtas committee on finance that the 5 per cent levy will increase the construction costs of a typical three-bed semi-detached house by between €400 and €800.

 

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