CIL - Administrative Expenses - Public forum - Planning Advisory Service (PAS)

Planning Advisory Service (PAS)

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CIL - Administrative Expenses

patricia mccullagh, Addaswyd 7 Years yn ôl.

CIL - Administrative Expenses

New Member Postiadau: 8 Dyddiad Ymuno: 21/04/2015 Bostiadau diweddar

With regards to the 5% admin charges, my understanding is that for the first 3 years the 5% can be rolled over during this time and spent by end of 3rd financial year, the 4th and subsequent years can use CIL upto 5% and must be spent by end of each financial year. Is this right? If the funds are not spent what happens to the money?

Richard Holmes, Addaswyd 7 Years yn ôl.

RE: CIL - Administrative Expenses

New Member Postiadau: 13 Dyddiad Ymuno: 20/10/2011 Bostiadau diweddar

I think that's right. The Regs don't state what happens to it but I think it can only be reassigned to the central 'pot' - Guidance encourages CA's to minimise CIL admin. This would then be reported in the CIL Annual Report.