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A fair and transparent approach to payment is essential for ensuring a successful construction industry. The BPF has, through its Construction Committee, developed voluntary guidelines that all BPF members are encouraged to adopt in their approach to payment generally.
By adopting these approaches, BPF members can play a leading role in driving up payment standards across all parts of the construction supply chain.
We responded to this joint HMRC and HM Treasury consultation, which proposes to introduce an advanced tax clearance process for those investing in major projects in the UK. We recognise the importance of stability and certainty of tax and regulation for investors. To that end, we fully support efforts to provide greater advanced certainty for major projects and would encourage Government to go further to ensure that tax certainty is prioritised more broadly, beyond only the very largest of investments.
We have responded to the Mayor’s early consultation on the next iteration of the London Plan. We're broadly supportive of the proposed approach to streamline the Plan, which we believe is a positive step towards creating a more effective plan going forward. However, for the next London Plan to succeed in practice, it will be essential for policymakers to adopt a pragmatic approach - one that recognises the wider viability challenges in London, regulatory barriers and the current macro-economic picture.
In our response to the Transforming Business Rates consultation, we highlight the need for Government to work towards a fairer and more responsive business rates system. This includes introducing more frequent revaluations, lowering and fixing the tax rate and ensuring that Empty Property Relief adequately reflects typical re-occupation periods.
This third edition of Heritage Works is a streamlined and updated version of the 2013 document. It includes new case studies and directs the reader to sources of further information and guidance. Its aim is to provide all those involved in the development process with the guidance they need to help make successful heritage-based regeneration achievable.
This report was researched by Deloitte for the British Property Federation (BPF), the Royal Institution of Chartered Surveyors (RICS), and Historic England.
We and other stakeholders have consistently called for reductions in business rates – and yet there is very limited existing research which considers the wider economic consequences of maintaining high levels of business rates – or indeed, the benefits of a reduction in business rates.
Given the UK imposes a very high level of tax on property, over double the OECD average, this research seeks to better understand and quantify the implications of increases or decreases to the business rates burden on our wider economy.
In collaboration with Savills, the BPF is pleased to present the UK Build-to-Rent Q4 2024 Report. This report highlights quarterly growth patterns and trends over the past decade, offering valuable insights into the current state of the property sector.
The short BPF response to the DESNZ call for evidence on solar in car parks and EV infrastructure makes clear that we don't support mandating solar canopies on car parks unless viability challenges are addressed. We welcome proposals to accelerate the installation of EV infrastructure, including through the use of permitted development rights, but stress the need to reform and improve the DNO process to reduce wait times for EV charging connections.
