1 Principles of land value capture
What is Land Value Capture?
Extent of the uplift in land values
Why capture land values?
Scope for capturing additional land value
What can be learned from past attempts to capture uplifts in land value?
Garden cities and New towns
Development charges and betterment levies
Lessons to be learned for future efforts to capture land value uplifts
2 Improving existing mechanisms
Section 106 agreements
Reforms to Section 106
Community Infrastructure Levy (CIL)
Tax Increment Financing
3 Legislative reforms
Compulsory Purchase Orders
Hope Value and the Land Compensation Act 1961
What is ‘hope value’?
Proposals for reform
Opposition to reform
4 Alternative approaches to land value capture
Development Rights Auction Model
Taxation on landowners
Taxation of existing developments
Land Value Taxation
Conclusions and recommendations
Published written evidence
List of Reports from the Committee during the current Parliament
Published: 13 September 2018