Patrick Cannon reviews the proposals in the PBR for a new tax on land development and considers some practical steps to take now in the event that the tax materialises
Patrick Cannon reviews the proposals in the PBR for a new tax on land development and considers some practical steps to take now in the event that the tax materialises
As part of the Pre-Budget Report on 5 December 2005 the Treasury announced in PN04 consultation on a brand new property tax on the increase in land value following the grant of planning permission. A consultation document was also issued setting out what appears to have been considerable preparation already undertaken by HMRC and the Treasury (the consultation appears to be about 'how' and not 'if'). This follows on from the Barker Review of Housing Supply...
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Patrick Cannon reviews the proposals in the PBR for a new tax on land development and considers some practical steps to take now in the event that the tax materialises
Patrick Cannon reviews the proposals in the PBR for a new tax on land development and considers some practical steps to take now in the event that the tax materialises
As part of the Pre-Budget Report on 5 December 2005 the Treasury announced in PN04 consultation on a brand new property tax on the increase in land value following the grant of planning permission. A consultation document was also issued setting out what appears to have been considerable preparation already undertaken by HMRC and the Treasury (the consultation appears to be about 'how' and not 'if'). This follows on from the Barker Review of Housing Supply...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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