Consultation outcome

Residential Property Developer Tax: consultation

This consultation has concluded

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Residential property developer tax: response to the consultation

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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
to

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

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Published 29 April 2021
Last updated 27 October 2021 + show all updates
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