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United Kingdom · Question · Written question

UIN 9957

Property Development: Taxation

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

18 October 2024

Last action

28 October 2024 · Answer

Status

Answered

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Subjects

Taxation

Source updated

28 October 2024

Taxation

Summary

To ask the Chancellor of the Exchequer, what estimate she has made of the revenue raised by the Residential Property Developer Tax.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 18 October 2024

    Written question

    To ask the Chancellor of the Exchequer, what estimate she has made of the revenue raised by the Residential Property Developer Tax.

    Source: Commons

  2. 28 October 2024

    Answer

    The Residential Property Developer Tax (RPDT) is a 4% tax on the most profitable businesses undertaking UK residential property development to help pay for building safety remediation. The tax applies to developers' profits exceeding an annual allowance o...

    Source: Written answer

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