Property Week is offering readers a completely free ‘heads up’ to the introduction of the Government’s new tax on development – the Community Infrastructure Levy or CIL.
We have assembled a panel of experts, including Miles Gibson, deputy director of planning, economic and social policy at Communities and Local Government, Robyn Pyle, development director at Land Securities and Stuart Robinson executive director of planning at CB Richard Ellis.
The group will take part in a live webinar hosted by Property Week editor Giles Barrie on 13 May and you can listen completely free and get the chance to quiz them yourselves - all you need to do is click here to register.
Giles Barrie said: 'This is a fantastic opportunity to find out about the new levy and to put your questions to those in the know.'
The Tax
The Government is taking forward the CIL in preference to its earlier proposals for a Planning-gain Supplement. Those affected by its introduction could include anyone carrying out new development which needs planning permission, including those who want to expand premises.
Key elements of CIL are:
· It will be a tax on most new developments. Some small scale development may not be subject to CIL (e.g. householder development by homeowners).
· Local authorities will have the option of introducing CIL in their areas. If they do so, they will follow a procedure for setting, reviewing and then publishing the amount of CIL to be paid in a ‘charging schedule’.
· CIL will be payable when development begins following the granting of planning permission. But the amount to be paid will be clear in advance of submitting a planning application.
If you want to find out more about CIL click here.
