Planning Gain Supplement: Back from the dead?

Posted by AccountingWEB in Tax on Wed, 12/12/2007 - 14:04

Like a "drowned canoeist", the Planning Gain Suppliment may yet resurface...

In the Pre-Budget Report Chancellor Darling announced that planning gain supplement (PGS) would not go ahead but that local authorities would be given the power to apply new planning charges, to be known as the Community Infrastructure Levy (CIL) alongside other site-specific requirements.

It seems that the Planning Bill could allow the Government to go much fur

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