A new statutory instrument named SI 2013/1844 has been issued by HMRC regarding the Annual Tax on Enveloped Dwellings (Returns) 2013. This regulation will come into force on 12 August 2013.
Finance Act 2013 introduced an annual tax on enveloped dwellings (ATED). This is broadly an annual tax on certain high-value residential dwellings (with a value of at least GBP 2 million), held by certain non-natural persons. A person who is chargeable to the ATED must deliver a return to HMRC. The new statutory instrument SI 2013/1844 specifies the form and content of such returns.
