Levy on the land
Property: The Planning Gain Supplement, due to be introduced by the Government this autumn, looks likely to increase the costs of housing development in the UK. Ian Trehearne looks into the potential consequences of these proposals
If the Planning Gain Supplement (PGS) is introduced, it seems that it can only lead to increased costs for development. An idea raised by last year’s Barker Report on the housing market, the PGS is the subject of final study by the Office of the Deputy Prime Minister (ODPM), and it is to be the subject of an autumn announcement.
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