In the budget the chancellor announced some changes in relation
to land value capture.
He announced proposals to allow combined authorities and joint
planning committees to impose a Strategic Infrastructure Levy to
finance strategic infrastructure. This would be a low level
universal levy on development similar to the London Mayor's
levy which was used successfully to raise money for Cross Rail.
There is to be a simplified power to raise an increased zonal
CIL charge in areas of high land value uplift.
He has also proposed an end to the restrictions on pooling s106
contributions which were imposed by the CIL Regulations and which
have proved to be unhelpful in the efforts to raise money for
infrastructure.
