All posts with the topic: corporate envelopes

There had been speculation that the introduction of the Annual Residential Property Tax, as well as extension of the capital gains charge, would be deferred. But not a bit of it. The new tax and the extended charge will come into force from 1st and 6th April respectively as originally planned. Whilst confirmed today, details on the precise … Continue reading High-value residential property update

In the 2012 Budget, the Government announced various measures to discourage the use of “corporate envelopes” to hold high value UK residential real estate. These measures included a 15% rate of SDLT, introduced with effect from 21 March 2012, for acquisitions of residential real estate by certain “non-natural persons” (including companies) for consideration exceeding £2 … Continue reading Removing property businesses from the 15% rate of SDLT