109 ATED: reduction in threshold from 1 April 2015
Finance Act 2014 (2014 c 26) | Legislation

Stamp duty land tax and annual tax on enveloped dwellings

109  ATED: reduction in threshold from 1 April 2015

(1)     Part 3 of FA 2013 (annual tax on enveloped dwellings) is amended as follows.

(2)     In section 94(2)(a) (charge to tax), for “£2 million” substitute “£1 million”.

(3)     In section 99 (amount of tax chargeable), in the table in subsection (4), before the first entry insert—

“£7,000More than £1 million but not more than £2 million.”

(4)

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