Government scraps Planning Gain Supplement

摘要

The quarrying industry has welcomed the news that the Treasury will not be going ahead with the proposed Planning Gain Supplement (PGS), thus avoiding what could have resulted in huge costs for the industry when securing new permissions.rnIn close liaison with the CBI Minerals Group and the Construction Products Association, the industry's trade associations had argued vociferously against the PGS tax proposals, which they said did not take into account the stark differences between minerals development and other forms of development, particularly housing.