A parliamentary committee is to say today that a tax on increases in land
value could finance the building of thousands of new homes.
will be advised to ensure that the tax is ‘precisely tuned’ before rushing
into legislation, and it will be encouraged to undertake a full cost-benefit
The precise details of the tax, known as a planning gain supplement, are
widely expected to be in this winter’s pre-budget report, the
The idea was put forward a year ago in a report by Kate Barker, a member of
of England’s monetary policy committee, but concerns remain over
how to implement the tax in practice.
Read more on the planning gain supplement
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Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer
The SME community voices concern about the chancellor's measures in the Spring Budget
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals