Planning Gain Taxes Resurrected?
In the Pre-Budget Report the Chancellor announced that the Planning Gain Supplement (PGS) would no longer be introduced. Instead local authorities are to be given the power to apply a new planning charge, the Community Infrastructure Levy (CIL).
However it appears that the Planning Bill could allow the Government to go further than this. Whilst our understanding was that local authorities should apply CIL as a planning condition, the wording of the Planning Bill opens up the possibility that CIL might be turned into a more general tax on developments – just a different form of PGS (?).
If you are involved in developments – you need to make sure you are up to date with the proposed changes.
If you are involved in developments – you need to make sure you are up to date with the proposed changes.
