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News Release from: Federation of Master Builders (FMB) | Subject: New development tax
Edited by the Buildingtalk Editorial
Team on 11 October 2007
FMB still opposed to any new development
tax
Federation of Master Builders welcomes the Chancellor's announcement to scrap Planning Gain Supplement (PGS), but are very concerned about any 'new statutory planning charge'.
In his Pre-Budget Report yesterday the Chancellor of the Exchequer, Alistair Darling, announced that the Government would be scrapping the Planning Gain Supplement (PGS) in favour of Statutory Planning Charges Brian Berry, Director of External Affairs at the Federation of Master Builders (FMB), says, "The FMB has long campaigned against the PGS because it is unworkable and a potential barrier to the provision of much needed affordable housing"
"Whilst we welcome the Chancellor's announcement to scrap PGS, we are still very concerned about any 'new statutory planning charge'".
"The Government should be aware that the FMB is vehemently opposed to any new tax on development.".
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