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What is Land Value Tax?

Recent updates

  • Article: Nov 8, 2018
    By Tony Vickers

    On 31st October at Church House, Westminster, London the All Party Parliamentary Group (APPG) on Land Value Capture published its report on Land Value Capture. The event was attended by several MPs and chaired by Rt Hon Sir Vince Cable, Leader of the Liberal Democrats, Chair of the APPG.

    The APPG was formed less than a year ago and has spent this year taking evidence from a range of organisations and individuals in the UK and beyond. Its proceedings are published on the website of the Coalition for Economic Justice (CEJ) of which ALTER is a member. It was ALTER's Chair Joe Bourke who acted as the APPG Secretary since its formation and pulled together the report for MPs with assistance from other CEJ members.

  • Mansion
    Article: Aug 29, 2018

    A new IPPR report argues that the reform of the dysfunctional land market is essential if the UK is to be a more equal, more productive and stable economy. It is also vital to creating a better-functioning housing market that delivers the affordable and quality homes the country needs.

    Land is an essential factor in all economic activity but, if it is not properly managed and regulated, it can play a destabilising role in the housing market and the wider economy. The UK's dysfunctional land market and soaring land values have helped drive growing wealth inequality, create the conditions for a broken housing market, and are a root cause of an unproductive and unstable economy. Reform of the land market must therefore be focused on reducing the financial speculation that occurs in land and sharing the benefits of increases in land values for the benefit of the public good.

  • Plan ALTER Stand Brighton 2018
    Article: Aug 22, 2018

    Come and visit the ALTER stand at the Brighton Autumn Conference. Location: first floor, just behind Libdem Image, stand H18.

  • Average Floor Space by Country
    Article: Jun 17, 2018
    By J G Šmíd

    In Lib Dem Voice on 3 June Helen Flynn urge the readers to come up with "big ideas" to solve our current housing market.

    Helen Flynn rightly identifies the issue is not of 'supply and demand': … problems in the housing market … are not necessarily problems of the housing market. Helen Flynn then singles out "distribution" of housing as the main issue: "Some people are occupying a lot more housing than others … others are squeezed out of the market entirely".

  • Steve Akhurst of Shelter, Prof J Henneberry, and Liz Peace CBE address the committee
    Article: May 26, 2018

    The housing, communities and Local Government Committee held a review of Land Value Capture on 8 May, which is now available on the web at the following URL: https://goo.gl/DxSCDM

    Steve Akehurst of Shelter estimated that only 25% of land uplift due to development is recovered for the community at present in the UK, as opposed to 80% in Holland or Germany.

  • mansion
    Article: Mar 14, 2018

    In the wake of the Salisbury attack, should non-Resident Russians be able to own homes in the UK? ALTER secretary David Cooper argues that preventing this could be an effective sanction that actually benefits the UK, see Guardian Letters...

  • Michaeal Meadowcroft (standing), Joe Bourke and Tony Vickers at the ALTER Southport Fringe
    Article: Mar 13, 2018

    Our fringe meeting at federal conference in Southport was entitled, 'Reforming business rates and council tax' with Michael Meadowcroft (standing in photo), a former Liberal member of Parliament and life-long campaigner invited to introduce the discussion.

    Tony Vickers of ALTER (sitting to the right) also spoke on more technical matters and solutions to the problems raised by our policy of using site value rating to replace the present taxation methods supporting local services...

  • Chris Glover
    Article: Mar 3, 2018

    ALTER has submitted its response to the Inquiry on Land Value Capture to the Communities and Local Government Committee Inquiry. Compiled by ALTER executive member Chris Glover, it criticises so called betterment taxes and explains why Land Value Tax is the way forward. It proposes several short term measure including removal of capital gains exemption for domestic property sale. The document can be read here.

  • An aerial view of the proposed car park from above the station
    Article: Feb 5, 2018

    The Communities and Local Government Committee (CLG) is calling for written submissions which examine the effectiveness of current land value capture methods, and the need for new ways of capturing any uplift in the value of land associated with the granting of planning permission or nearby infrastructure improvements and other factors...

  • Glasgow
    Article: Dec 19, 2017

    The Scottish Land Commisstion is seeking partners in a project to "assess, with reference to international experience, the potential of land value taxation to contribute to a more productive, accountable and diverse pattern of land ownership and use in Scotland and to identify a set of potential policy options that merit further consideration by SLC".