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Housebuilders face 'wealth tax' on high-value schemes

Series: Building ; 268(8301)26 September 2003 9(1)Publication details: 2003Subject(s): Summary: 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
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Item type Current library Call number Copy number Status Barcode
News article London News article WB3938-12 (Browse shelf(Opens below)) 1 Available 123887-1001

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