Money grabbers
Smit, J.
Money grabbers - 2004 - Building 269(8337) 18 June 2004, 48-50(3) .
Discusses alternatives to section 106 agreements which will give developers alternative ways to contribute towards local infrastructure developments. These include the possibility of a planning tariff which could be fixed in advance by a local authority. Many house builders are against this as they see it as a development land tax which would be levied on the increase in a site's value triggered by planning approval. Previous attempts to introduce such a tax have failed as it proved too bureaucratic
TOWN AND COUNTRY PLANNING ACT 1990 S106
PLANNING SYSTEM
LAND TAX
HOUSE BUILDERS
PLANNING AND COMPULSORY PURCHASE ACT 2004
Money grabbers - 2004 - Building 269(8337) 18 June 2004, 48-50(3) .
Discusses alternatives to section 106 agreements which will give developers alternative ways to contribute towards local infrastructure developments. These include the possibility of a planning tariff which could be fixed in advance by a local authority. Many house builders are against this as they see it as a development land tax which would be levied on the increase in a site's value triggered by planning approval. Previous attempts to introduce such a tax have failed as it proved too bureaucratic
TOWN AND COUNTRY PLANNING ACT 1990 S106
PLANNING SYSTEM
LAND TAX
HOUSE BUILDERS
PLANNING AND COMPULSORY PURCHASE ACT 2004