Housebuilders face 'wealth tax' on high-value schemes
Housebuilders face 'wealth tax' on high-value schemes
- 2003
- Building 268(8301)26 September 2003 9(1) .
A government review is looking at replacing section 106 with a simple development tax, as a way of beating undersupply in the UK housing market. This currently stands at 75,000 homes a year. Much of the blame for this shortfall is put on section 106 agreements
TOWN AND COUNTRY PLANNING ACT 1990 S106
HOUSEBUILDING
DEVELOPMENT TAX
A government review is looking at replacing section 106 with a simple development tax, as a way of beating undersupply in the UK housing market. This currently stands at 75,000 homes a year. Much of the blame for this shortfall is put on section 106 agreements
TOWN AND COUNTRY PLANNING ACT 1990 S106
HOUSEBUILDING
DEVELOPMENT TAX