Win for industry as government scraps PGS in favour of tariff

Oct. 10, 2007
The government has effectively granted the wish of the Home Builders Federation and other industry bodies, in scrapping the proposed planning gain supplement (PGS). It now plans to instead introduce a roof tax or tariff, as the HBF recommended. The PGS would have taxed the uplift in land value resulting from a planning consent for residential development, a plan which …

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