Reform of existing tax measures could be on the horizon for owners of land approved for development. A report published in September 2018 by the Housing, Communities and Local Government Committee suggested that the significant increase in the value of agricultural land when planning permission is granted for residential use should be reflected in more … Continue reading Higher Taxes on Development Land?
At the CLA National Taxation Committee yesterday we discussed the campaign the CLA are spearheading to allow business owners who are victims of Compulsory Purchase (such as HS2 or the M4 Relief Road) to benefit from tax relief. Currently Residential homeowners do not have to pay tax on the compensation. However business owners not only … Continue reading Lobbying For Tax Relief On Compulsory Purchase Compensation