House building© Paul Gillis/REX/Shutterstock
A government committee is reviewing how local and national governments extract some of the uplift in the value of land after homes or nearby infrastructure improvements are given planning permission. Edward Briggs argues that along with the extension of compulsory purchase powers, landowners’ rights will be further eroded by moves to tax development land. The Communities and Local Government (CLG) Committee inquiry looks at current methods of so-called Land Value Capture (LVC), such as the Community Infrastructure Levy (CIL), whether […]