Written Question·Ministry of Housing, Communities and Local Government·UIN 9958
Property Development: Taxation
Tabled: 18 October 2024
Answered: 29 October 2024
Question
Paul Holmes
Conservative — Hamble Valley
To ask the Secretary of State for Housing, Communities and Local Government, what estimate she has made of the proportion of revenue spent which has been generated by the Residential Property Developer Tax.
Answer
Alex NorrisThe Residential Property Developer Tax has raised £157 million in 2022-23 and £103 million in 2023-24. Revenue raised from the tax goes into the UK Consolidated Fund, which contributes to the government’s ambitious Building Safety Package aiming to bring ...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 9958) →