Taoiseach on who pays for the concrete levy: 'It's industry or the taxpayer. Make up your mind'

Sinn Féin have called for the concrete to be levied on more industry groups, such as insurance companies and banks. Image: Oireachtas.ie Sinn Féin have called for the concrete to be levied on more industry groups, such as insurance companies and banks. Image: Oireachtas.ie Updated 44 minutes ago

The new 10% levy on concrete blocks, pouring concrete and other products will be introduced next April to fund mica redress scheme.However, experts have predicted that the levy will most likely be passed on to house buyers, with the Society of Chartered Surveyors Ireland forecasting that it could add €3,000 to €4,000 to the costs of an average three-bed semi-detached house.There was a tetchy back-and-forth on the matter between Micheál Martin and Mary Lou McDonald.

“You support the levy on concrete products until you don’t, the industry is responsible for the problem and should pay, until it shouldn’t. You are making this up as it goes along,” said Martin. A number of TDs both in Fianna Fáil and Fine Gael raised concerns about the levy with party leaders at their parliamentary party meetings last week, with many calling for the measure to either be delayed or scrapped from the budget Finance bill.

Pressure will mount upon Government parties today when Sinn Féin puts forward Dáil motion calling for the concrete block levy plan – which targets concrete producers only -to be abandoned. The levy should be “spread as widely as possible” so as to minimise any impact on individual homebuyers. In the first instance, a voluntary contribution should be sought, but if it’s not voluntary then Government should legislate for a levy to take a small portion of profits, said O’Broin.

At Cabinet this morning, the Government decided that it would be submitting a counter-motion, saying that the levy will be used to support the families impacted by defective blocks.Finance Minister Paschal Donohoe robustly defended the measure last week, stating that when commitments are made by Government around redress schemes, there also has to be a plan as to how to pay for it.

Pearse Doherty Dail 27th September 2022 “I also welcome the defective concrete products levy”.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Looking The Business: How 10 Female Prime Ministers Dress The Part - The Gloss MagazineItaly, France and the UK are the latest countries to choose female prime ministers. GiorgiaMeloni, trussliz and Elisabeth_Borne have stepped into power without expending undue effort on wardrobe choices or downplaying their femininity:
Источник: TheGlossMag - 🏆 9. / 68 Прочитайте больше »