asked the Minister for Local Government whether there will be an increase in building costs following the introduction of the new wholesale tax.
Ceisteanna—Questions. Oral Answers. - Building Costs.
20.
It is likely that there will be an increase in building costs as the result of the proposed increase in the rate of wholesale tax.
I should point out, however, that the effects of the tax on these costs are mitigated by the fact that many building materials are exempt from it, as well as from turnover tax.