Inner-city pioneers may get tax breaks.
Series: Financial Times ; 21 June 1999, 12 | Building Design ; (1400) 18 June 1999, 12(2)Publication details: 1999Subject(s): Summary: The urban taskforce's report will recommend tax breaks to encourage people to move into rundown inner city areas. This could be through a lower council tax band. The report is expected to make around 100 recommendations including: the abolition of reduction of VAT on conversions of offices and other buildings into homes; new financial arrangements to make public investment work harder in urban regeneration; tax changes to alter the balance of favour of brownfield instead of green field development; and tax changes to make it easier to reclaim contaminated land.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | W3524-65 (Browse shelf(Opens below)) | 1 | Available | 102016-1001 |
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The urban taskforce's report will recommend tax breaks to encourage people to move into rundown inner city areas. This could be through a lower council tax band. The report is expected to make around 100 recommendations including: the abolition of reduction of VAT on conversions of offices and other buildings into homes; new financial arrangements to make public investment work harder in urban regeneration; tax changes to alter the balance of favour of brownfield instead of green field development; and tax changes to make it easier to reclaim contaminated land.