If you go to the Government’s own website and look up government policies you will come across Community infrastructure levy and a good description of what it actually is - If like me, you had been wondering what exactly it was or will do, read on:
"The community infrastructure levy is a new levy that local authorities in England and Wales can choose to charge on new developments in their area. The levy is designed to be fairer, faster and more transparent than the previous system of agreeing planning obligations between local councils and developers.
In areas where a community infrastructure levy is in force, land owners and developers must pay the levy to the local council.
The charges are set by the local council, based on the size and type of the new development.
The money raised from the community infrastructure levy can be used to support development by funding infrastructure that the council, local community and neighbourhoods want, like new or safer road schemes, park improvements or a new health centre.
The community infrastructure levy:
- gives local authorities the freedom to set their own priorities for what the money should be spent on
- gives local authorities a predictable funding stream that allows them to plan ahead more effectively
- gives developers much more certainty from the start about how much money they will be expected to contribute
- makes the system more transparent for local people, as local authorities have to report what they have spent the levy on each year
- rewards communities receiving new development through the direct allocation of a proportion (15% or 25% depending on whether a Neighbourhood Plan is in place) of levy funds collected in their area".
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