Policy paper

Residential Property Developer Tax

This tax information and impact note details a new Residential Property Developer Tax.

• From: HM Revenue & Customs
• Published: 27 October 2021

Documents

Residential Property Developer Tax

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Details

This measure will introduce a new tax on company profits derived from UK residential property development.

The tax will be charged at 4% on profits exceeding an annual allowance of £25 million and will be included in the Corporation Tax returns of those companies liable to the new tax.

You can read the Residential Property Developer Tax: consultation and response for more information.

Published 27 October 2021