The purpose of the consultation is to respond to the recommendation made in the Barker Review into land supply for housing in 2006, which called for modifications to tax incentives targeted at brownfield development to facilitate the development of long term derelict land.  The response is based on interviews and questionnaire responses from leading national housebuilders, private sector developers and key industry representatives and stakeholders.

 

The Treasury have indicated that they will make an announcement regarding the implementation of modifications in the Pre-Budget Report in December 2007 with a view to enactment on the April 2008  Budget.

 

To view the full report, please click here.