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Levy can link to inflation

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Councils will be able to link the new community infrastructure levy (CIL) to inflation rates, according to government guidance published this week.

It stated councils would be able to offer a degree of certainty to developers while retaining the flexibility to deal with changes in economic conditions.

They will publish a charging schedule showing how rates payable for different developments could increase as a result of inflation.

The CIL, which can be introduced from next year, aims to help councils raise money to fund the infrastructure needs associated with commercial and residential developments.

Housing minister Caroline Flint said: “It is only right that development contributes a fair share.”

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