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1124300

registered interest
date	01/05/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Community Land Trusts: Capital Gains Tax
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what plans he has to grant full Capital Gains Tax relief for land sales to a Community Land Trust for affordable homes.
tabling member constituency	North Herefordshire
tabling member printed	Bill Wiggin
uin	249884
answer	answer is ministerial correction date of answer 13/05/2019 answer text <p>The Government is committed to improving the supply of affordable homes. Since 2010, we have increased housing supply by over 1.3 million homes, including 407,000 affordable homes.</p><p> </p><p>We do not currently have plans to grant full Capital Gains Tax relief for land sales to a Community Land Trust. The Government considers that the extent to which a Capital Gains Tax relief for land sales to a Community Land Trust would incentivise such behaviour is uncertain. Tax reliefs have an Exchequer cost, and in contemplating such a relief the Government must consider the potential deadweight cost of any benefit going to people who would have sold the land to a Community Land Trust anyway.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 13/05/2019 15:52:07 answering member 3935 label Biography information for Mel Stride
tabling member	1428 label Biography information for Sir Bill Wiggin

1124303

registered interest
date	01/05/2019
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	Community Land Trusts
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Housing, Communities and Local Government, what plans he has to support Community Land Trusts in making homes more affordable.
tabling member constituency	North Herefordshire
tabling member printed	Bill Wiggin
uin	249886
answer	answer is ministerial correction date of answer 13/05/2019 answer text <p>The Government supports the community-led housebuilding sector – of which community land trusts are an important part – through the annual £60 million Community Housing Fund. The Fund is delivered outside London by Homes England and within London by the Greater London Authority. Capital and revenue grants are available to community-based groups wishing to take forward schemes to build locally affordable housing. Through the Fund, the Government is also supporting a consortium of the major stakeholder groups (including the National Community Land Trust Network) to develop a network of technical advisors to support community-based groups though the process of developing their housebuilding schemes.</p><p>The Community Housing Fund is currently scheduled to close in March 2020. Decisions on funding for 2020-21 onwards are a matter for the Spending Review, which will take place this year.</p> answering member constituency North West Hampshire answering member printed Kit Malthouse question first answered 13/05/2019 13:23:16 answering member 4495 label Biography information for Kit Malthouse
tabling member	1428 label Biography information for Sir Bill Wiggin