Construction Ireland Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
11/08/2014

Hamilton Welcomes Aggregate Levy Credit Scheme

The Aggregate Levy Credit Scheme is in line with EU state aid rules, the European Commission has announced.

The aggregates levy is an environmental tax in the United Kingdom, levied on commercially exploited virgin aggregates, such as sand, gravel or crushed stone. A lower tax rate was applicable in Northern Ireland up to 2010 under the Aggregate Levy Credit Scheme.

-- Advertisement --

Finance Minister Simon Hamilton MLA welcomed the decision. He said: "The Commission have been investigating the state aid compatibility of the Aggregate Levy Credit Scheme since it was suspended in 2010 following an EU General Court ruling.

"We have always maintained that the Credit Scheme we had in place was fully consistent with the Commission's rules. However, had the Commission found against the scheme, then they would have had to recover the aid that was provided to local quarry operators.

"This would have been devastating for the local industry. My Department, in co-operation with the industry and others, has been working very hard to prove to the Commission that the scheme was lawful and that recovery was not appropriate."

(CD/JP)

Latest Construction News

14/06/2024

Mid and East Antrim Borough Council has announced that the signing of the Contract for Funding for Phase II of the Gobbins is a 'major step forward' in realising the ambitious vision for the future of attraction. Representatives from the Department for the Economy and Tourism NI, along with Mid ...
14/06/2024

The Royal Society of Ulster Architects (RSUA) has publicly appealed for amendments to controversial legislation being rushed through the Assembly which would extend liability for defects in homes from 6 years to 30 years. The professional body for architects in Northern Ireland is concerned that ...
14/06/2024

A £748,000 carriageway resurfacing scheme is to begin on the A37 Broad Road in Limavady. The resurfacing scheme which begins on 17 June will take place from approximately 95 metres northeast of Gortgarn Road and continues towards Coleraine for 2.2 kilometres, incorporating the junctions of ...
14/06/2024

Heather Humphreys TD, the Minister for Rural and Community Development, has announced a €20 million funding initiative to aid the upgrade and refurbishment of community centres nationwide. Under the Community Centres Investment Fund 2024 , community organisations will be supported with grants of ...
14/06/2024

Architects Fitzgerald Kavanagh & Partners have been selected by the Commissioners of Public Works to lead the integrated design team responsible for the refurbishment of the National History Museum. This appointment signifies the start of the initial phase of the design process. The building will ...
14/06/2024

Alliance's General Election candidate, Stephen Farry, has emphasised that there is too much at risk for the UK Government to not have a green new deal. North Down candidate Dr Farry said with the effects of climate change already prevalent, urgent action was now needed. Alliance launched its own ...
14/06/2024

Based in Magherafelt, Bloc Blinds, is expanding its international operations, through investment in a new production facility in Texas, USA. The company has also entered a strategic partnership with Rollease Acmeda, the largest independent manufacturer and distributor of engineered components and ...
14/06/2024

Keynsham Recycling Hub which was constructed by Farrans for client Bath & North East Somerset Council has won a RICS South West award in the Public Sector category. The Hub is a modern facility providing various services aimed at simplifying recycling for residents, thereby contributing to ...
13/06/2024

Newtownabbey-based NovoGen Engineering Solutions has secured a £400,000 contract to manage the construction of a power plant in Kilshane, County Dublin, within Fingal County Council's area. NovoGen, established in 2021, specialises in delivering advanced engineering support services, primarily ...
13/06/2024

Mivan, a leader in marine outfitting, has successfully completed a comprehensive refurbishment of the Islander, the newest flagship of Margaritaville at Sea. The company was tasked with transforming the retail areas, photo galleries, concierge services and future sales sections, which included the ...
Irish Fencing ServicesOS DecorOS HoldingOsberSouthern Crusher Spares LtdDistinctive Painting GalwayDecomin Paints IrelandGS Concrete PumpingFleming DoorsShannonside Galvanizing
Terms and Conditions
2024/06/15 07:31:47