Planning Gain Supplement – the end?

United Kingdom

Amongst the various announcements made by Gordon Brown yesterday, he confirmed that the proposed Planning Gain Supplement legislation was provisional only at this stage and that the legislation will be deferred if prior to the Pre Budget Report (which should be late November or December 2007) a better alternative could be found which would ensure that local communities received significantly more of the planning gain to invest in the necessary infrastructure projects (particularly transport).

Watch this space for the alternative!