Property interests

Independent practitioners with property interests will be affected by the Budget in a number of ways. Accountant Susan Hutter reports

Annual tax on envelope dwellings (ATED)

My clients who work in the medical profession have been asking me regularly about investing in a residential property. From this month, limited companies that own a residential property with a value of over £500,000 on 1 April 2016 will be subject to an ATED tax.