Planning Gain Supplement

December 2005

The Government is to consult on the introduction of a Planning Gain Supplement (PGS) which would give the government a slice of any rise in the value of the land which has been granted planning permission. The imposition of a PGS is unlikely to be popular with house builders, or individuals owning land!

The aim is to use the money raised to improve the infrastructure in areas where new building is taking place.