Annual Tax on Enveloped Dwellings Archives

Changes to the Annual Tax on Enveloped Dwellings

Post author:Chris-Wilkins
Post published:April 3, 2023
Post category:Property Tax

In a sleight of hand similar to fiscal drag on income tax bands, the Treasury will instantly increase 2023/24 revenue from the Annual Tax on Enveloped Dwellings (ATED). This tax is charged to Non-Natural Persons (NNPs) holding a UK dwelling - not individuals. While the changes have slipped under the radar, with little coverage, it is yet another enhanced tax burden for those impacted by the regulations.

Annual Tax on Enveloped Dwellings – ATED

Post author:Chris-Wilkins
Post published:September 16, 2022
Post category:Property Tax

All companies (whether UK or not) holding UK residential property valued at over £500,000 are subject to the Annual Tax on Enveloped Dwellings (ATED). This could mean more properties are likely to breech the £500,000 limit and fall into the ATED regime for the first time.