Building Safety Defects: Costs Debate
Full Debate: Read Full DebateDepartment: Department for Levelling Up, Housing & Communities
Baroness Eaton
Main Page: Baroness Eaton (Conservative - Life peer)Department Debates - View all Baroness Eaton's debates with the Department for Levelling Up, Housing & Communities
(2 years, 7 months ago)
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Lord Greenhalgh (Con)
My noble friend knows that government is not quite so simple. In all seriousness, we have stated publicly that the new tax on developers will raise at least £2 billion over 10 years. We know that the amount of money required is far in excess of that, but there is no upper limit, and we still have not yet announced the detail. We take my noble friend’s point on board with regard to the windfall tax.
Baroness Eaton (Con)
My Lords, as others have already said, it is important that the polluter pays, rather than leaseholders, who are victims. Can my noble friend the Minister provide further details regarding this residential property development tax which has been alluded to in previous questions?