Annual Tax on Enveloped Dwellings (ATED) to be extended to dwellings over £500,000
From 1 April 2015, property valued at over £1 million up to £2 million will be within the scope of ATED. Property valued at over £500,000 up to £1 million will bewithin the scope of ATED from 1 April 2016. They will therefore introduce two new ATED…