Development Charges

Development charge is the tax on the enhancement in land value resulting from the State approving a higher value development proposal.

A development charge, where applicable, will also be imposed on all new extensions and new floor areas, for example, roof mezzanines within the envelope of the conserved building.

However, you may be exempted from paying the development charge if:

The value of the development has been enhanced due to proposed use or use changes on the gross floor area for the conserved building or part thereof provided that the restoration work is carried out according to the approved plans and completed within a two year period from the date of Conservation Permission.