CIL is a locally set tax on new development introduced in 2008. It does not replace Section 106 obligations, which may still be required in addition to CIL. CIL is calculated based on the net increase in floorspace of a development and is paid in stages. While CIL provides funding for infrastructure, local authorities must balance CIL rates, Section 106 requirements, and affordable housing policies to ensure viable development. Developers must carefully consider CIL regulations and a local authority's charging schedule to understand their financial obligations and ensure full compliance.
What is property tax in India? How it is calculated? How property tax or house tax is different from the income tax that is generated from the property by way of renting it out? Find all these answers in this document.
Strata Law - Legislation, CMSs and Plans - Andrew Suttie Stephen Robertson
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Mazars - India Budget (Presentation at IFCCI event on 12 March 2015)Nicolas Ribollet
Under the patronage of H.E. François Richier, Ambassador of France to India,
the Indo-French Chamber of Commerce & Industry (IFCCI) organised a seminar on “India Budget 2015-2016” following the announcement by Finance Minister Arun Jaitley of his first full-fledged Union Budget on 28th February 2015. The French Embassy and Mazars gave insights on this very important budget. The presentation attached has been prepared by Mazars in that context.
The speakers to the event were :
- Welcome address by H.E. Mr. François Richier, Ambassador of France to India
- Economic overview by Mr. Jean-Rene Cougard, Minister Counsellor, Head of the Regional Economic Department and Mr. Daniel Villet, Financial Counsellor
- Presentation on the new initiatives of the Government, impacts and opportunities
by Mr. Nicolas Ribollet, Partner & National Leader, French Desk, Mazars India
with Mr. Agarwal, Direct Tax Partner & Mr. Manish Mishra, Indirect Tax Partner, Mazars India
What is property tax in India? How it is calculated? How property tax or house tax is different from the income tax that is generated from the property by way of renting it out? Find all these answers in this document.
Strata Law - Legislation, CMSs and Plans - Andrew Suttie Stephen Robertson
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Mazars - India Budget (Presentation at IFCCI event on 12 March 2015)Nicolas Ribollet
Under the patronage of H.E. François Richier, Ambassador of France to India,
the Indo-French Chamber of Commerce & Industry (IFCCI) organised a seminar on “India Budget 2015-2016” following the announcement by Finance Minister Arun Jaitley of his first full-fledged Union Budget on 28th February 2015. The French Embassy and Mazars gave insights on this very important budget. The presentation attached has been prepared by Mazars in that context.
The speakers to the event were :
- Welcome address by H.E. Mr. François Richier, Ambassador of France to India
- Economic overview by Mr. Jean-Rene Cougard, Minister Counsellor, Head of the Regional Economic Department and Mr. Daniel Villet, Financial Counsellor
- Presentation on the new initiatives of the Government, impacts and opportunities
by Mr. Nicolas Ribollet, Partner & National Leader, French Desk, Mazars India
with Mr. Agarwal, Direct Tax Partner & Mr. Manish Mishra, Indirect Tax Partner, Mazars India
You must know facts about property prices & payment plans when buying a home. You pay 1 0 : 7 5 : 1 5(total price of the new flats). Explained here is everything you need to know about payment details, terms and costs while investing in property.
Rollits Planning Law and Policy Newsletter - February 2019 Pat Coyle
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What Is Life After Coronavirus? New Tax-Related Provisions For Increased Cash...Rea & Associates
Presented by Rea & Associates and featuring Christopher Axene, CPA, and Greg Speece, CPA, this one-hour webinar will help you learn about the major tax provisions included in recent legislation, discussion of tax planning opportunities, and what you may expect in the future.
Specifically, you will hear:
• Insights on the major tax provisions included in recent COVID 19 legislation that impacts the cash flow for small to mid-size businesses and individuals.
• How recent provisions put in place will interact with other non-tax provisions of COVID-19 legislation, and the impact that it will have on businesses.
• Guidance about tax planning opportunities and discussions about what we still don’t know, the clarification we expect to receive, and resources to help guide your business.
For more insight and information into the financial resources for business owners, please visit https://www.reacpa.com/coronavirus to view our dedicated COVID-19 resource center. You can also visit https://www.reacpa.com/covid19-webinar-series to view this webinar and many others in our What Is Life After Coronavirus webinar series.
For additional questions, you can contact us directly at rea.news@reacpa.com.
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You must know facts about property prices & payment plans when buying a home. You pay 1 0 : 7 5 : 1 5(total price of the new flats). Explained here is everything you need to know about payment details, terms and costs while investing in property.
Rollits Planning Law and Policy Newsletter - February 2019 Pat Coyle
Legal newsletter covering topics such as permitted development rights on agricultural land, Class A permitted development rights, CIL and a planning policy update.
What Is Life After Coronavirus? New Tax-Related Provisions For Increased Cash...Rea & Associates
Presented by Rea & Associates and featuring Christopher Axene, CPA, and Greg Speece, CPA, this one-hour webinar will help you learn about the major tax provisions included in recent legislation, discussion of tax planning opportunities, and what you may expect in the future.
Specifically, you will hear:
• Insights on the major tax provisions included in recent COVID 19 legislation that impacts the cash flow for small to mid-size businesses and individuals.
• How recent provisions put in place will interact with other non-tax provisions of COVID-19 legislation, and the impact that it will have on businesses.
• Guidance about tax planning opportunities and discussions about what we still don’t know, the clarification we expect to receive, and resources to help guide your business.
For more insight and information into the financial resources for business owners, please visit https://www.reacpa.com/coronavirus to view our dedicated COVID-19 resource center. You can also visit https://www.reacpa.com/covid19-webinar-series to view this webinar and many others in our What Is Life After Coronavirus webinar series.
For additional questions, you can contact us directly at rea.news@reacpa.com.
Transparency of resource revenues - Industry positionNadim Kara
A presentation on the public policy rationale for mandating that mining and energy companies disclose their payments to government, as was done in Canada.
Real Estate Regulation Act, 2016 which is in force since 1st Mat 2016 will finally get all its teeth on 1st May, 2017 with the setting up of the statewise Real Estate Regulatory Authorities
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Public sector equality duty (PSED)
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With less than a year until local authorities will be unable to pool (five or more) s106 obligations for a single project or scheme there is an immediacy for many to get a CIL in place. This presentation will help you to understand the relevance of viability and it will help you to understand the role for the Community Infrastructure Levy and other developer payments.
What you need to know: Implementation is technically more complicated than developing a charging schedule; the 2014 regulations have introduced some useful amendments;
a number of policies are discretionary and require a decision to ‘turn on’ and there is little in the regulations regarding how to spend CIL.
During the final planning club of 2015, we covered the following topics:
• planning enforcement - a look at key planning enforcement difficulties and how to overcome them
• The Planning and Housing Bill - considering the effect of this Bill and the government’s ‘crusade to get 1 million homes built by 2020’ from a planning perspective, with a particular focus on starter homes and the effect of these for local authorities.
https://www.brownejacobson.com/sectors-and-services/sectors/public-sector
The Planning Law Update seminar focusses on the Growth and Infrastructure Bill with Royal Assent now expected shortly. It also looks at judicial review of planning decisions. Is Government right to be concerned that third party challenge could be holding back development?
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Compilation of changes made in Union Budget and major States Budget is made keeping in mind the Construction Sector. Emphasis is given to changes in Indirect taxes. The impact of every amendment is established and explained. Complications or confusions arising because of amended provisions has been highlighted in order to treat those issues with caution. To make the understanding more clear, at places comparison of previous provisions and amendments has also been made.
Similar to Emily Harvey, Savills - CIL Latest Research & Findings (20)
So you want to apply for the Planning Skills Delivery Fund PAS Events August ...PAS_Team
So you want to apply for the Planning Skills Delivery Fund?
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Planning Advisory Service recently held two events to help councils think about whether to apply and if they needed to find time over the Summer to make an application. Here is the presentation with all you need to know about the fund.
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Understanding the Challenges of Street ChildrenSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
What is the point of small housing associations.pptxPaul Smith
Given the small scale of housing associations and their relative high cost per home what is the point of them and how do we justify their continued existance
A process server is a authorized person for delivering legal documents, such as summons, complaints, subpoenas, and other court papers, to peoples involved in legal proceedings.
2. CIL “Non-negotiable” Tax
CIL is a locally set tax “levy” on land introduced under the Growth and
Infrastructure Act 2008. The operation of the levy, including calculation of the
levy payable, is prescribed by the Community Infrastructure Levy Regulations
2010 (as amended). The most recent regulatory changes were introduced in
Amendment Regulations published in February 2014.
CIL does not replace S106 obligations: under CIL Regulation 122(2) these may
still be payable in addition to CIL where the planning obligation is:
a) necessary to make the development acceptable in planning terms;
b) directly related to the development; and
c) fairly and reasonable related in scale and kind to the development
CIL is only paid on net increases in floor space provided that any building(s)
on site remain “in-use” in accordance with Regulation 40; i.e. lawfully
occupied for a continuous period of 6 months in the 36 months ending on the
date planning permission is granted.
3. CIL- All Stages Map of England & Wales
Savills - http://www.savills.co.uk/promotions/cil-map.aspx
6. Source: Savills (as at 2nd March 2015)
Progress on CIL Implementation (England & Wales)
57
57
32
48
50
45
38
25
0 10 20 30 40 50 60
Implemented
Submitted for examination/examination
closed
Draft Consultation
Preliminary Draft Consultation
Preparing evidence/Charging Schedule
Committed but not started
Not yet committed
Not pursuing
16%39%27%18%
DoneInprocessEngagedNotengaged
Number of Local Authorities
7. Projections on number of implemented CILs
April 2015 Deadline
Source: Savills (February 2015)
10. Mayoral CIL- Facts & Figures
£70.2m
collected since
April 2012
£300m
target by
2019
Six London
Boroughs
made up
52% of CIL
receipts
Source of funding for
Crossrail, approximately 2%
of total cost
Exceeded projections –
two years ahead of
projections
Outperformed
Section 106
contributions
which have raised
less funds than
forecast
11. There are trade-offs between the
viability of CIL, Section 106 and
affordable housing policy
Source: Savills
0
10,000
20,000
30,000
40,000
50,000
150 175 200 225 250 275 300 325 350
ViablelevelofCILandSection106(£perplot)
New homes sales value (£ per sq.ft.)
0%
10
%
20
%
30
%
40
%
50
%
Affordabl
e housing
12. Local Context Needs to be Considered
• Historic delivery
• Historic Section106 achievement
• Local Plan policy costs
• Benchmark land value
• Land supply characteristics and profile
Viability Buffer
14. Policy choices have a cumulative
impact on viability
Source: Savills
Local policies must be
assessed to establish an
appropriate Benchmark Land
Value
15. Avoiding ‘Double Dipping’
• Explicit policy on the balance between Section 106 and CIL
– Draft regulation 123 list – what will be excluded from Section 106 funding?
– Does the Regulation 123 list support the delivery of the Plan?
– The proposed changes to the regulations will tighten the restriction on pooling
of Section 106
– Flexible to give Charging Authorities scope to change what CIL is spent on
• Must be allowed for within the viability appraisals
17. What are the implications?
• LPAs need to consider the impact of the April
2015 restrictions on the delivery of
infrastructure in their area
• Developers and housebuilders should work
with LPAs to identify key pieces of
infrastructure that are needed for the delivery
of housing sites
• Section 106 agreements should refer to
specific named projects
• Further guidance from Ministers is essential to
ensure that LPAs have a sufficient Section 106
mechanism in place post-April 2015, as failure
to do so will have a significant impact on the
delivery of both infrastructure and housing.
18. CIL Checklist (Ten Key Points)
Source: Savills
CIL is a non-negotiable tax. This is very different to the provision of Section 106 obligations,
which are a policy requirement and potentially subject to negotiation, particularly in respect
of viability. It is therefore essential that the following is considered on all development sites
where a Charging Schedule has been, or is about to be, implemented.
• Failure to pay is a criminal offence: Once a Liability Notice is served it is
the responsibility of the landowner or appointed party to pay CIL.
• Off-setting is subject to the “lawful occupation” test: To be off-set, a part
of each existing building must have been in continuous lawful occupation
for a minimum of 6 months out of the 36 months preceding the grant of
planning permission. The relevant buildings must therefore still be
standing on the day that planning permission is granted.
• CIL is liable for chargeable development triggered by Planning Consent:
The trigger for CIL is the grant of a planning permission. This means that
schemes submitted for planning, prior to CIL implementation, may still be
liable for CIL, dependent on the timing of the decision. This should be
factored in scheme appraisals and valuations.
19. CIL Checklist
Source: Savills
• Failure to pay is a criminal offence: Once a Liability Notice is served it is
the responsibility of the landowner or appointed party to pay CIL.
• CIL is index-linked: All CIL rates are index-linked from the date that the
Charging Schedule is implemented. It is therefore important that the
correct index figures are used when calculating CIL liability in accordance
with Regulation 40. The Index date is 1st November. The CIL calculation is
triggered on the date of planning permission.
• CIL is payable on commencement of development: The timing and
amount of these CIL payments may be subject to the Charging Authority’s
Instalments Policy. Where there is no instalments policy, CIL is payable in
full 60 days after the commencement of development. For phased outline
applications, each phase of a development may be charged separately.
• Exemptions and reliefs must be applied for and approved prior to
commencement: A number of exceptions or reliefs are available which
may reduce the CIL liability (for example social housing, self build housing,
or charitable relief). Some are compulsory; others are offered at the
Charging Authority’s discretion and you should check the Charging
Schedule.
20. CIL Checklist
Source: Savills
• CIL does not replace Section 106: Affordable housing and site specific mitigation
obligations remain matters that can be secured with planning obligations under
Section 106. CIL Regulations 122 and 123 impose a restriction to limit the pooling
of contributions in planning obligations in Section 106 when CIL is implemented,
or from the 6th April 2015, whichever is the earlier. This should be considered
when negotiating and agreeing Section 106 agreements with Local Authorities.
• Notice procedures must be followed: It is essential that the collection process is
followed and relevant forms and notices are issued, both by the developer/owner
and the Charging Authority. For developers and owners, it is essential that the
Notice of Commencement of Development is served at least one day before
development commences on site. Failure to do so will result in the loss of all
reliefs, removal of the ability to pay by instalments and penalties and interest
becoming liable. In addition there are penalties and surcharges for failing to
comply with the notice procedures set out in the Regulations.
• CIL is non-negotiable: Section 106 requirements remain subject to negotiation
whereas CIL is fixed. CIL Regulation 40 sets out the method for calculating CIL
liability. At this stage it is important to consider whether off-setting of existing
floorspace or mandatory reliefs are applicable (see Regulations 41 – 58).
21. Key Points to Remember
• Office to residential permitted
development is CIL liable
• Notice of Chargeable
Development should be served
before a CIL charging schedule
comes into force
• No statutory definition of “Gross
Internal Area”
• Existing floorspace does not
include parts of the building not
part of the planning application
site
• “Vacancy Test” – buildings in
“lawful use for a continuous
period of 6 in 36 months prior to
“date which planning permission
first permits development”
Some of the key issues / questions that we are asked.
Office to resi PD point is important to remind people of, as if the notice of chargeable development is not served before the CIL comes into force they will be liable