Stamp Duty Land Tax for Enveloped Dwellings

Considerations when purchasing properties into a corporate entity In 2013, the Government introduced a new tax on properties owned by ‘non-natural persons’; in other words, under corporate structures.  The tax, known as the Annual Tax on Enveloped Dwellings (ATED), is paid every year regardless of whether any income is derived from the property. In addition[…]

Annual Tax on Enveloped Dwellings

(Updated valuations required as of April 2017) In April 2013, the Government introduced a new tax on high-value properties owned by ‘non-natural persons’.  This is known as the Annual Tax on Enveloped Dwellings (ATED) and the government intended it to discourage holding properties within a corporate structure, which was previously a way of reducing or[…]