Object
Community Infrastructure Levy - Draft Charging Schedule (Nov 2014)
Representation ID: 1802
Received: 12/12/2014
Respondent: Cogent Land LLP (Cogent)
Whilst we acknowledge that the proposed 'nominal' CIL rate of £20 per sqm in Zone 1 (Market Areas 1-3) represents a small proportion of the development costs, we fundamentally disagree with BNP's assertion that this would not prevent sites from coming forward.
Once set, CIL is a non-negotiable tax. There is subsequently no potential for flexibility or negotiation. It should also be acknowledged that whilst the CIL rate as a % of GDV are relatively low, the proposed CIL rates represent a much higher proportion when illustrated as a % of land value. This is important; as if landowners' aspirations in terms of land values are not met then land will not come forward for development.