Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Government considers developers’ alternative to PGS

  • Comment
The proposed planning gain supplement (PGS) looks to be dead and buried

The proposed planning gain supplement (PGS) looks to be dead and buried after the government announced it would consider a tariff-based alternative championed by developers.

The move – announced in yesterday’s Pre-Budget Report – could mean the end of the PGS, which was put forward in Kate Barker’s review in 2005 as a levy on development to raise additional resources to invest in the infrastructure needed to support housing growth.

However, in chancellor Alistair Darling’s (pictured) first Pre-Budget Report, he confirmed that the government was looking into the tariff-based alternative which would set tariffs locally to reflect regional and local infrastructure needs.

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.