As the Treasury's move on planning gathers pace with Kate Barker's imminent report on possible reform of the system, so consultation on her Planning Gain Supplement (PGS) has closed with much gnashing of teeth. Barker proposed a PGS in her review of housing supply. The consultation suggests: 1. a self-assessed tax on the uplift in land value consequent on the grant of planning permission, payable upon the start of development; 2. simplifying planning obligations to deal only with matters directly related to the proposed development - and affordable housing; 3. a possibly reduced rate of tax in regeneration areas, a small-scale threshold to apply and householder improvements to be exempted; and 4. tax to be recycled to fund strategic infrastructure at both regional and local levels.
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