{
  "url": "https://openlegislation.uk/finance-act-2013/section-94",
  "json_url": "https://openlegislation.uk/finance-act-2013/section-94.json",
  "legislation": "ukpga/2013/29",
  "legislation_title": "Finance Act 2013",
  "legislation_url": "https://openlegislation.uk/finance-act-2013",
  "path": "section/94",
  "kind": "section",
  "number": "94",
  "heading": "Charge to tax",
  "text": "(1) A tax (called “annual tax on enveloped dwellings”) is to be charged in accordance with this Part.\n(2) Tax is charged in respect of a chargeable interest if on one or more days in a chargeable period—\n(a) the interest is a single-dwelling interest and has a taxable value of more than £500,000, and\n(b) a company, partnership or collective investment scheme meets the ownership condition with respect to the interest.\n(3) The tax is charged for the chargeable period concerned.\n(4) A company meets the ownership condition with respect to a single-dwelling interest on any day on which the company is entitled to the interest (otherwise than as a member of a partnership or for the purposes of a collective investment scheme).\n(5) A partnership meets the ownership condition with respect to a single-dwelling interest on any day on which a member of the partnership that is a company is entitled to the interest (as a member of the partnership).\n(6) A collective investment scheme meets the ownership condition with respect to a single-dwelling interest on any day on which the interest is held for the purposes of the scheme.\n(7) If a company is jointly entitled to a chargeable interest (as a member of a partnership or otherwise), then regardless of whether the company is entitled as a joint tenant or tenant in common (or, in Scotland, as a joint owner or owner in common) the ownership condition is regarded as met in relation to the whole chargeable interest.\n(8) The chargeable periods are—\n(a) the period beginning with 1 April 2013 and ending with 31 March 2014, and\n(b) each subsequent period of 12 months beginning with 1 April.\n(9) See also section 95.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 94(2)(a) substituted (1.4.2016) (with effect in accordance with s. 110(4) of the amending Act) by Finance Act 2014 (c. 26), s. 110(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2013/29/section/94",
    "retrieved_at": "2026-10-28T17:02:16.948797+00:00",
    "licence": "OGL-UK-3.0",
    "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
    "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
  }
}