Property – a UK tax timeline…
Property – a UK tax timeline…
21 March 2012
15% SDLT for “enveloped” property > £2m
1 April 2013
ATED for ‘enveloped’ property > £2m
6 April 2013
ATED-CGT for property > £2m
17 July 2013
IHT debt restrictions
20 March 2014
15% SDLT for “enveloped” property > £500k
4 August 2014
Changes to debt remittance guidance
4 December 2014
New SDLT rates introduced – up to 12% (residential properties)
6 April 2015
CGT for non-residents and other changes to PRR
6 April 2015
ATED/ATED-CGT for property > £1m
1 April 2016
3% SDLT surcharge on additional residential properties
6 April 2016
ATED/ATED-CGT for property > £500k
6 April 2017
Introduction of residence NRB
6 April 2017
IHT exposure in relation to certain family loans and assets used as security to acquire UK residential property
6 April 2017
IHT exposure for indirectly held UK residential properties
22 November 2017
First time buyer SDLT relief for properties < £500k
January 2019
Consultation on a 1% SDLT surcharge for non-residents
6 April 2019
UK tax on gains from disposals of all UK land (inc. commercial property)
6 April 2019
Gains relating to NR companies which are ‘property rich’ – UK CT or CGT
6 April 2020
NR companies holding UK property brought within UK CT regime
6 April 2020
Further restrictions to PRR
