A tool designed for building professionals to help prepare top level cost plans, provide early cost advice to clients and benchmark costs for both commercial and residential buildings
Published: 25/10/2022
BCIS has published the 2023 RICS Community Infrastructure Levy (CIL) Index for use from 1st January 2023. It shows a 6.9% increase on the 2022 index.
The index is used to update the rates in charging schedules in accordance with the Community Infrastructure Levy (Amendment) (England) (No. 2) Regulations 2019, which came into force on 1 September 2019.
The Community Infrastructure Levy (the ‘levy’) is a charge which can be levied by local authorities on new development in their area. It is an important tool for local authorities to use to help them deliver the infrastructure needed to support development in their area.
The Community Infrastructure Levy index will apply to local authorities, which have adopted the levy, those that are in the process of preparing or reviewing a charging schedule and those that are considering doing so in the future. It is also aimed at large and small developers and their agents, charities and homeowners who wish to build an extension or annex, or even their own home (‘self-builders’).
The Community Infrastructure Levy index is published on the BCIS website here.
The index is based on the BCIS Tender Price Index, which is published in the BCIS online service along with benchmark £/m2 costs for buildings, which can form the basis of charging schedules and viability studies.
MHCLG guidance on the CIL can be found here.
