Policy paper
Residential Property Developer Tax
This tax information and impact note details a new Residential Property Developer Tax.
Documents
Details
This measure will introduce a new tax on company profits derived from UK residential property development.
The tax will be charged at 4% on profits exceeding an annual allowance of £25 million and will be included in the Corporation Tax returns of those companies liable to the new tax.
You can read the Residential Property Developer Tax: consultation and response for more information.
Published 27 October 2021