Capital Taxes
Enveloped Dwellings
The annual tax on enveloped dwellings (ATED) applies where a residential property located in the UK is owned by a non- natural person such as; a company, partnership with a corporate member or a collective investment scheme. There are a large number of reliefs and exemptions from the charge, but where such a relief does not apply the ATED charge must be paid by 30 April within the year at the following rates:
*2018/19 figures were announced at Autumn Budget 2017 and are subject to enactment.
Capital Gains Tax
The rates and annual exemption for capital gains tax are as follows:
*2018/19 figures were announced at Autumn Budget 2017 and are subject to enactment.
- Suite 1B1, Argyle House
- Telephone: 020 8449 0011
- Email: info@rosspartners.co.uk