The Barker review of housing supply and planning-gain supplement
Johnson, Tony
The Barker review of housing supply and planning-gain supplement - London RICS 2005
Examines the recommendation (currently being considered by HM Treasury) in the Barker review of housing supply to introduce a planning gain supplement. The key problem with the proposals is that planning permission is only one stage of development and the tax would be payable when permission is granted rather than on the actual and eventual gain in value. Covers earlier attempts to tax development gains, the planning gain supplement, the taxation of planning gain using other taxes, and s106 and planning tariffs. Supports a tariff approach within the s106 framework or if a tax system is to be chosen, advocates a return to a system similar to development gains tax as enacted in the Finance Act 1974. Concludes that the planning gain supplement is an unworkable scheme. The original document is no longer available on www.rics.org, although a link to the national archives copy is available online.
ODPM CIRCULAR 05/2005
PLANNING AND COMPENSATION ACT 1991 S12(1)
BARKER REVIEW OF HOUSING SUPPLY: SECURING OUR FUTURE HOUSING NEEDS
DEVELOPMENT GAINS TAX
FINANCE ACT 1965
LAND COMMISSION ACT 1967
TOWN AND COUNTRY PLANNING ACT 1971 S52
TOWN AND COUNTRY PLANNING ACT 1954
TOWN AND COUNTRY PLANNING ACT 1947
TOWN AND COUNTRY PLANNING ACT 1990 S106
TOWN AND COUNTRY PLANNING ACT 1990 S116
PLANNING GAIN SUPPLEMENT
306.1 $2 18
The Barker review of housing supply and planning-gain supplement - London RICS 2005
Examines the recommendation (currently being considered by HM Treasury) in the Barker review of housing supply to introduce a planning gain supplement. The key problem with the proposals is that planning permission is only one stage of development and the tax would be payable when permission is granted rather than on the actual and eventual gain in value. Covers earlier attempts to tax development gains, the planning gain supplement, the taxation of planning gain using other taxes, and s106 and planning tariffs. Supports a tariff approach within the s106 framework or if a tax system is to be chosen, advocates a return to a system similar to development gains tax as enacted in the Finance Act 1974. Concludes that the planning gain supplement is an unworkable scheme. The original document is no longer available on www.rics.org, although a link to the national archives copy is available online.
ODPM CIRCULAR 05/2005
PLANNING AND COMPENSATION ACT 1991 S12(1)
BARKER REVIEW OF HOUSING SUPPLY: SECURING OUR FUTURE HOUSING NEEDS
DEVELOPMENT GAINS TAX
FINANCE ACT 1965
LAND COMMISSION ACT 1967
TOWN AND COUNTRY PLANNING ACT 1971 S52
TOWN AND COUNTRY PLANNING ACT 1954
TOWN AND COUNTRY PLANNING ACT 1947
TOWN AND COUNTRY PLANNING ACT 1990 S106
TOWN AND COUNTRY PLANNING ACT 1990 S116
PLANNING GAIN SUPPLEMENT
306.1 $2 18