City of London Corporation - CIL draft charging schedule submitted for examination

City of London Corporation submitted its Community Infrastructure Levy draft charging schedule for examination on 8 November 2013.

City of London Corporation submitted its CIL draft charging schedule for examination. Proposed charges include a charge of £75 per square metre for office developments. Also Riverside residential developments will be charged £150 per square metre although there will be a lower rate of £95 per square metre for the rest of the city. Emergency services, educational facilities and medical services will not be charged but all other developments will be charged £75 per square metre. These charges will be in addition to the Mayoral CIL.

The CIL is expected to come into effect by April 2014. The consultation on the draft charging schedule ran between 24 July and 4 October 2013. Which followed the consultation on the preliminary draft charging schedule which ran between 25 March and 13 May 2013.

 

City of London - CIL - Submitted


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