# The Annual Tax on Enveloped Dwellings (Indexation of Annual Chargeable Amounts) Order 2016, Article 2: Chargeable amounts


The amounts that are to be the annual chargeable amounts for the chargeable period beginning on 1st April 2016 by virtue of section 101 (indexation of annual chargeable amounts) of the Finance Act 2013 are determined in accordance with the following table, by reference to the taxable value of the interest on the relevant day.
Annual chargeable amount
Taxable value of the interest on the relevant day
£3,500
More than £500,000 but not more than £1 million.
£7,000
More than £1 million but not more than £2 million.
£23,350
More than £2 million but not more than £5 million.
£54,450
More than £5 million but not more than £10 million.
£109,050
More than £10 million but not more than £20 million.
£218,200
More than £20 million.

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Source: https://www.legislation.gov.uk/uksi/2016/401/article/2 (the official version)
Page: https://openlegislation.uk/annual-tax-on-enveloped-dwellings-indexation-of-annual-chargeable-amounts-order-2016/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.