United in opposition
Language: English Series: Property Week ; 71(8) 24 February 2006, 32-33(2)Publication details: 2006Subject(s): Summary: The property industry has joined forces with occupiers, pension funds, business groups and local authorities to fight against a fourth attempt to introduce a development land tax. It is claimed that the tax - known as Planning Gain Supplement - will have an adverse effect on infrastructure development, building communities and commercial land use. It is also argued that this new proposal is not likely to succeed any more than its previous incarnations because land values fluctuate so wildly. A draft by the British Property Federation has highlighted 10 reasons why the scheme is unworkable in order to make the government listen.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L132707 (Browse shelf(Opens below)) | 1 | Available | 132707-1001 |
The property industry has joined forces with occupiers, pension funds, business groups and local authorities to fight against a fourth attempt to introduce a development land tax. It is claimed that the tax - known as Planning Gain Supplement - will have an adverse effect on infrastructure development, building communities and commercial land use. It is also argued that this new proposal is not likely to succeed any more than its previous incarnations because land values fluctuate so wildly. A draft by the British Property Federation has highlighted 10 reasons why the scheme is unworkable in order to make the government listen.