Consultation outcome

Residential Property Developer Tax: consultation

From:: HM Treasury
Published: 29 April 2021
Last updated: 27 October 2021 — See all updates

Read the full outcome

Residential property developer tax: response to the consultation

Ref: ISBN 978 1 911686 23 1, 3154

PDF, 406 KB, 51 pages

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Detail of outcome

The government announced on 10 February 2021 that it would introduce a new Residential Property Developer Tax as part of its Building Safety Package. The tax is one of the government’s measures to bring an end to unsafe cladding, provide reassurance to homeowners and support confidence in the housing market. The government consulted on the design of the tax from 29 April to 22 July and consulted on the draft legislation from 20 September to 15 October.

Original consultation

Consultation description

The government has announced on 10 February 2021 that it would introduce a new Residential Property Developer Tax as part of its Building Safety Package. The tax is one of the government’s measures to bring an end to unsafe cladding, provide reassurance to homeowners and support confidence in the housing market. The government is consulting on the design of that tax ahead of its inclusion in the 2021-22 Finance Bill. The consultation runs until 22 July 2021.

The government has now published a draft legislation of the RPDT for technical consultation. This consultation runs from 20 September until 15 October 2021.

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