keep The Annual Tax on Enveloped Dwellings (Indexation of Annual Chargeable Amounts) Order 2026
Indexes the annual chargeable amounts for the Annual Tax on Enveloped Dwellings (ATED) for the 2026 tax year based on property values, updating thresholds to maintain progressivity of this tax on high-value residential properties held through corporate structures.
This technical Order maintains the intended progressive operation of ATED by indexing thresholds to property values. Deleting it would either cause bracket creep (making the tax regressive and overly burdensome as property values rise) or force annual primary legislation, increasing parliamentary workload and administrative complexity. The Order itself imposes negligible regulatory burden while ensuring fiscal policy functions as designed without unintended consequences.