Alan Hibben has a very interesting CAPX piece on the hidden regulatory costs of new-build houses in England. Interesting because it is yet another example of the remarkably furtive and opaque nature of taxation.
But they like it like that
Your new home comes with a hidden tax bill
The result is a system in which the buyer of a modest new home is quietly funding affordable housing, local roads, biodiversity credits, planning bureaucracy and the cost of navigating a slow, discretionary planning system. Yet the buyer is never shown the bill. Britain needs legislated transparency for every new-build sale, so households can finally see where their money is going.
The whole piece is well worth reading, even for those who have no intention of buying a new-build house.
Your new home comes with a hidden tax bill
- The buyer of a £450,000 new-build in England is paying £65,500 in public-policy costs
- Disguising the true tax take has become a political art form in modern Britain
- Buyers of new homes need to be shown where their money is going
The result is a system in which the buyer of a modest new home is quietly funding affordable housing, local roads, biodiversity credits, planning bureaucracy and the cost of navigating a slow, discretionary planning system. Yet the buyer is never shown the bill. Britain needs legislated transparency for every new-build sale, so households can finally see where their money is going.
The whole piece is well worth reading, even for those who have no intention of buying a new-build house.
A simple reform: show buyers the bill
If the British state wishes to fund affordable housing, local roads, habitat creation and planning administration through new development, it can do so. But it should do so honestly. A standardised ‘new home cost statement’ attached to every new-build sale would show the estimated per-home incidence of planning obligations, biodiversity obligations, major planning and regulatory fees and SDLT.
If the British state wishes to fund affordable housing, local roads, habitat creation and planning administration through new development, it can do so. But it should do so honestly. A standardised ‘new home cost statement’ attached to every new-build sale would show the estimated per-home incidence of planning obligations, biodiversity obligations, major planning and regulatory fees and SDLT.




