Annual Tax on Enveloped Dwellings.

In a move designed to combat the perceived tax avoidance opportunities of holding residential property within companies, the Government introduced the Annual Tax on Enveloped Dwellings with effect from 1 April 2013.

The tax is payable every year by “non-natural persons” that own high value dwellings in the UK. This includes companies, partnerships with one or more corporate partners and collective investment schemes. Click on the download button to find out more.