The Annual Tax on Enveloped Dwellings Avoidance Schemes (Prescribed Descriptions of Arrangements) (Amendment) Regulations, SI 2015/464, take account of the new ATED bands being introduced from 1 April 2015 (for properties with a value of between £1m and £2m) and 1 April 2016 (for properties with a value between £500,000 and £1m) under provisions in FA 2014 ss 109, 110. The amendments ensure that properties within these reduced value bands may be included in arrangements prescribed for disclosure under the DOTAS regime.
The Annual Tax on Enveloped Dwellings Avoidance Schemes (Prescribed Descriptions of Arrangements) (Amendment) Regulations, SI 2015/464, take account of the new ATED bands being introduced from 1 April 2015 (for properties with a value of between £1m and £2m) and 1 April 2016 (for properties with a value between £500,000 and £1m) under provisions in FA 2014 ss 109, 110. The amendments ensure that properties within these reduced value bands may be included in arrangements prescribed for disclosure under the DOTAS regime.
