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Building Safety Fund

Question for Ministry of Housing, Communities and Local Government

UIN 153223, tabled on 11 February 2021

To ask the Secretary of State for Housing, Communities and Local Government, whether the residential property levy announced on 10 February 2020 will be hypothecated to the Building Safety Fund.

Answered on

25 February 2021

We announced on 10 February 2021 plans to introduce a developer levy at Gateway 2 of the new Building Safety Regime, and a new tax on the residential property development sector. We will be setting out details of the levy and tax.