Property Development: Taxation
Commons · Question 7207 · Tabled 4 Oct 2024 · Treasury · Official record
Answered 14 Oct 2024
Question
Asked by Anna Dixon
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of introducing a tax on unbuilt developments where planning permission has lapsed; and if she will make an assessment of the potential impact of such a tax on t
Answer
Answered by James Murray, 14 Oct 2024
Introducing new taxes requires a comprehensive evaluation of a variety of factors including, but not limited to, complexity, fairness, and simplicity for the taxpayer. The Government keeps all taxes under review as part of the usual tax policy making proc...