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How to Respond to New Property Taxes

With the publication of the annual tax on enveloped dwellings return due this week, and Scotland introducing a property tax, property ownership can be expensive business.

Coutts have reported that UK property, despite being widely seen as over-valued, may rise 8% this year, and so real estate levies remain firmly in the sights of treasury taxmen. With the publication of the Annual Tax on Enveloped Dwellings (ATED) return this week, purchasers of homes at £2m and over have been given a fresh reminder of one such tax to be considered.

To read the article in full go to Spear's blog

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