What's ATED? Why, the Annual Tax on Enveloped Dwellings, of course!
Analysis of recently released official Government statistics today reveals the number of homes owned in company names. Since 2012, the Government have sought to discourage owner occupiers buying in corporate wrappers (otherwise known as Non-Natural Persons or NNPs). Originally intended to reduce Stamp Duty mitigation, it is also a way to encourage people to invest in their ‘own names’ rather than using the anonymity of a company structure.