The results of a survey of independent trade professionals regarding the government's proposed concrete levy in budget 2023 and its impact on home improvement costs into 2023 are now in.
Based on over 1800 respondents nationwide, including sole traders and small builders, the survey indicated a 91% dissatisfaction rate within the sector on the current concrete levy.
When surveyed whether the increases in concrete costs would be passed on to consumers for home improvements, 83% responded that it would.
Based on an average extension size of 50 square meters, the 10% levy on concrete products will add up to €500 in costs per project. The levy will also be applicable to the materials for many domestic refurbishments, maintenance and landscaping projects where concrete-based products are required.
The survey results show that the Irish trade sector is not in favour of the concrete levy introduced in the budget and would be forced to pass on the cost increase.
Concrete Levy Survey Results
- Small builders & sub-contractors surveyed on concrete levy
- The majority say costs will be passed onto customers for home improvements
- 1805 Independent Tradespeople & Builders Surveyed Nationwide
- 91% were dissatisfied with the proposed concrete levy
- 83% indicated it would increase home improvement costs
- Levy will add up to €500 to the cost of the average extension
In the current inflationary environment where homeowners are now reconsidering home improvement projects due to rising material and labour costs, this levy will put further pressure on the sector into an economically uncertain 2023.
Many respondents to the survey believe the levy needs to be scrapped or restructured to something more sustainable for the home improvement sector.