WebSep 16, 2024 · CIL Indexation - The RICS CIL Index replaces the BCIS All-In Tender Price Index. The first publication of the new Index is due around October 2024, therefore it is … WebOct 25, 2024 · BCIS has published the 2024 RICS Community Infrastructure Levy (CIL) Index for use from 1st January 2024. It shows a 6.9% increase on the 2024 index. The index is used to update the rates in charging …
Community Infrastructure Levy - GOV.UK
WebThis annual index figure is published on the fourth Monday in October each year and applies from 1 January of the following year. The “BCIS CIL Index” is available on RICS’ … WebSep 4, 2024 · The RICS CIL Index will be published annually by RICS and freely available on its website with first publication due in October 2024. S73 Applications. The amended Regulations confirm that CIL reliefs (in relation to residential annexes/extensions, charitable, self-build and social housing) granted on a planning consent can then be carried ... greetings from georgia postcard
Calculating CIL liability – standard cases – worked examples
WebThe index is calculated to track the change between the rate at the point CIL was introduced, and the rate at the point a planning permission is granted. The index may increase or decrease. The current index from 1 January 2024 to 31 December 2024 is 1.50 (rounded figure). This 'CIL Index' is set by the RICS. Calculating CIL. CIL is calculated as: WebThe index figures that will be used to calculate indexation for East Hampshire District Council adopted Charging Schedule in 2024 are: Year index figure 2016 (lc) - 271. Year index figure 2024 (lp) – 355. More information regarding the latest indexation rate for CIL can be found on the RICS website. WebJan 4, 2024 · The index figure for 2024 and subsequent calendar years is the figure for 1 November for the preceding calendar year in the RICS Building Index for CIL. This calculation is set out in paragraph 1 ... greetings from florida font