Policy paper

Annual Tax on Enveloped Dwellings: changes to alternative finance rules

This tax information and impact note is about changes to the rules that apply to the Annual Tax on Enveloped Dwellings, when alternative finance is used to purchase residential property.

• From: HM Revenue & Customs
• Published: 30 October 2024

Documents

Alternative finance — changes to alternative finance tax rules — Annual Tax on Enveloped Dwellings

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Draft legislation

PDF, 122 KB, 3 pages

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Details

This measure amends the alternative finance tax rules so that the Annual Tax on Enveloped Dwelling consequences are the same for those using alternative and conventional financing arrangements. The measure also makes changes to ensure that those using alternative finance arrangements to purchase properties in Wales receive the same tax treatment as those using alternative finance arrangements in the rest of the UK.

Published 30 October 2024