Annual Tax on Enveloped Dwellings


The annual charge on residential properties held by non-natural persons now applies for properties with a value of £500,000 or over, with these properties also subject to capital gains tax, rather than corporation tax, on disposal. 

The capital gains tax rate for these disposals remains at 28%. Annual returns are required even where exemptions are claimed; HMRC is trialling on-line filing for these. The normal filing date for returns is 30 April annually.

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