Finance Minister Paschal Donohoe has introduced a Defective Concrete Products Levy in this year’s budget which will come into force from April 3 next year.
The new levy on concrete blocks, pouring concrete and certain other concrete products will be applied at a rate of 10pc.
The measure follows the introduction of a comprehensive redress scheme earlier this year for those impacted by the use of defective products in the building of their homes.
Read the full details in the Irish Independent.
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