CIL Charging Schedule
Community Infrastructure Levy (CIL) Charging Schedule
The Charging Authority
The Charging Authority is the London Borough of Redbridge.
Date of Approval
This Charging Schedule was approved by the Council on 17 November 2011.
Date of Effect
This Charging Schedule will become effective on 1 January 2012.
The CIL Rate
A CIL of £70/m² of gross internal floorspace shall apply to any new building or an extension to an existing building in the London Borough of Redbridge if it has at least 100m² of gross internal floorspace or involves the creation of a dwelling even when that is below 100m². However, buildings into which people do not normally go, or go only intermittently for the purpose of inspecting or maintaining fixed plant or machinery are not liable to pay . Affordable housing and buildings owned by charities and used for charitable purposes are exempt from the charge .
CIL will be charged for the net additional floorspace, that is, after the area of demolished buildings has been deducted.
The rate of £70/m² will apply uniformly to all land uses across the whole geographic extent of the borough.
The rate will be updated annually for inflation in accordance with the Royal Institute of Chartered Surveyors “All In Tender Price Index”.
Statutory Compliance
This draft Charging Schedule has been approved and published in accordance with the Community Infrastructure Levy Regulations 2010 and Part 11 of the Planning Act 2008.
In setting rate of £70/m², the Council has struck an appropriate balance between:
a) the desirability of funding from CIL in whole or part the estimated total cost of infrastructure required to support the development of its area, taking into account other actual and expected sources of funding; and
b) the potential effects (taken as a whole) of the imposition of CIL on the economic viability of development across its area.
In having regard to the potential effects of CIL on the economic viability of development, the Council has taken account of proposals by the Mayor of London for a CIL to help fund Crossrail. However, no CIL rate has yet been implemented by the Mayor.