Law firm Burges Salmon looks back at how the Annual Tax on Enveloped Dwellings (ATED) has evolved and affected the property market since being introduced in 2013, and considers what may lie ahead for the charge.
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The Chancellor is reportedly looking into charging Capital Gains Tax on top-end homes, and/or the prospect of an annual levy on the most expensive properties.
Inheritance Tax payments will more than double over the next ten years, suggests the Institute for Fiscal Studies, as it pitches a significant rejig of the death tax regime.