Finance Act 2015 - Annual Tax on Enveloped Dwellings (ATED)

Increases in rates: to 150% of previous level, plus inflation, from 1 April 2015.

ATED-related capital gains: thresholds reduced in line with forthcoming (already legislated) reductions for ATED.

Returns: simplification of administration where relief due, for periods from 1 April 2015.

Connected party rules: adjustments to take account of forthcoming reductions in threshold, from 1 April 2015.

Valuation: correction of a technical anomaly regarding valuation dates, from Royal Assent.