Our site uses cookies

I agree Our site saves small pieces of text information, called “cookies” on your device. Find out more in our cookie policy. You can disable the usage of cookies by changing the settings of your browser. By continuing to browse the site you are agreeing to our use of cookies.

Osborne's property tax changes are just the beginning

In recent years, those in the property industry have awaited set piece speeches from the Chancellor with a certain amount of trepidation given the taxation rabbits that are very often pulled out of the hat.

This Autumn Statement was no different heralding significant changes to both stamp duty land tax (SDLT), which is the key transaction tax payable on purchase, and the annual tax on enveloped dwellings (ATED), which is a tax payable in some circumstances on residential property held by 'non-natural' persons, largely companies. 

To read Edward Burton's views in full go to Spear's Wealth Management Magazine.

Related Expertise

Asset-holding structures Real Estate

Related in brief posts

Trusts: protection for trustees - thoughts and experiences in practice

At its most basic, a trustee owes a higher duty of care to look after someone else’s assets their own. A trustee acts personally, and if an individual, without the protection of any form of limited liability.

Trusts cashflow conundrum

Trusts cashflow conundrum - In this highly topical article Anna Gaston looks at cashflow challenges for trustees and beneficiaries in times of crisis.

Finding a home for orphaned property

Fiona Poole and Stuart Smyth explore the circumstances that can cause UK real estate to appear ownerless.