Statutory Instruments
2025 No. 364
ANNUAL TAX ON ENVELOPED DWELLINGS
The Annual Tax on Enveloped Dwellings (Indexation of Annual Chargeable Amounts) Order 2025
Made
18th March 2025
The Treasury, in discharge of the duty imposed by section 101(5) of the Finance Act 2013(1), make this Order:
Citation
1. This Order may be cited as the Annual Tax on Enveloped Dwellings (Indexation of Annual Chargeable Amounts) Order 2025.
Chargeable Amounts
2. The amounts that by virtue of section 101 of the Finance Act 2013 (indexation of annual chargeable amounts) are to be the annual chargeable amounts for chargeable periods beginning on or after 1st April 2025 are determined in accordance with the following table, by reference to the taxable value of the interest on the relevant day(2).
| Annual chargeable amount | Taxable value of the interest on the relevant day |
|---|---|
| £4,450 | More than £500,000 but not more than £1 million. |
| £9,150 | More than £1 million but not more than £2 million. |
| £31,050 | More than £2 million but not more than £5 million. |
| £72,700 | More than £5 million but not more than £10 million. |
| £145,950 | More than £10 million but not more than £20 million. |
| £292,350 | More than £20 million. |
Jeff Smith
Anna Turley
Two of the Lords Commissioners of His Majesty's Treasury
18th March 2025
“Chargeable periods”, “relevant day” and “taxable value” are defined, respectively, by sections 94(8), 99(5) and 102 of the Finance Act 2013. Section 102 was amended by section 71 of the Finance Act 2015 (c. 11).