This consultation has concluded.
Residential property developer
tax: response to the consultation
Detail of outcome
The government announced on 10 February 2021 that it would
introduce a new Residential Property Developer Tax as part of its
Building Safety Package. The tax is one of the government’s
measures to bring an end to unsafe cladding, provide reassurance
to homeowners and support confidence in the housing market. The
government consulted on the design of the tax from 29 April to 22
July and consulted on the draft legislation from 20 September to
15 October.
Original consultation Summary
Consultation on the policy design of a Residential Property
Developer Tax on certain profits from residential development
activity. The consultation runs from 29 April to 22 July 2021.
This consultation ran from
3:30pm on 29 April 2021 to 11pm on 22 July 2021
Consultation description
The government has announced on 10 February 2021 that it would
introduce a new Residential Property Developer Tax as part of its
Building Safety Package. The tax is one of the government’s
measures to bring an end to unsafe cladding, provide reassurance
to homeowners and support confidence in the housing market. The
government is consulting on the design of that tax ahead of its
inclusion in the 2021-22 Finance Bill. The consultation runs
until 22 July 2021.
The government has now published a draft legislation of the
RPDT for technical consultation. This consultation runs from
20 September until 15 October 2021.
Documents
Residential property developer
tax: Consultation on policy design
