Instalments policy
To help with developer finance and to try and make sure that development is deliverable the Council allows CIL payments, above a certain amount, to be paid in instalments.
You should refer to the payments by instalments policy (PDF 15kb) for full details. However, a quick guide to the instalments policy can be found in the table below.
The Council will allow payment of CIL by instalments as follows:
| CIL Amount due | Number of Instalments | Payment period |
| Less than £15,000 | 1 |
100% payable within 3 months of commencement
|
| Over £15,000 up to £50,000 | 2 |
50% within 3 months of commencement 50% within 6 months of commencement
|
| Over £50,000 up to £100,000 | 2 |
50% payable within 6 months of development 50% payable within 12 months of commencement |
| Over £100,000 up to £250,000 | 3 |
25% payable within 3 months of commencement 25% payable within 6 months of commencement 50% within 12 months of commencement |
| Over £250,000 up to £500,000 | 3 |
25% payable within 6 months of commencement 25% payable within 12 months of commencement 50% payable within 24 months of commencement |
| Over £500,000 | 5 |
10% payable within 6 months of commencement 15% payable within 12 months of commencement 25% payable within 18 months of commencement 25% payable within 24 months of commencement 25% payable within 30 months of commencement |
