Money grabbers
Series: Building ; 269(8337) 18 June 2004, 48-50(3)Publication details: 2004Subject(s): Summary: 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| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS67938 (Browse shelf(Opens below)) | 1 | Available | 126577-1001 |
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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