{
  "url": "https://openlegislation.uk/finance-act-2015/section-70",
  "json_url": "https://openlegislation.uk/finance-act-2015/section-70.json",
  "legislation": "ukpga/2015/11",
  "legislation_title": "Finance Act 2015",
  "legislation_url": "https://openlegislation.uk/finance-act-2015",
  "path": "section/70",
  "kind": "section",
  "number": "70",
  "heading": "ATED: annual chargeable amount",
  "text": "(1) In section 99 of FA 2013 (amount of tax chargeable), in the table in subsection (4), for the last four entries substitute—\n£23,350More than £2 million but not more than £5 million.\n£54,450More than £5 million but not more than £10 million.\n£109,050More than £10 million but not more than £20 million.\n£218,200More than £20 million.\n(2) The amendment made by subsection (1) has effect for the chargeable period beginning on 1 April 2015 and, subject to section 101 of FA 2013, for subsequent chargeable periods.\n(3) Section 101(1) of FA 2013 does not apply in relation to the chargeable period beginning on 1 April 2015.\n(4) Accordingly, the Treasury is not required to make an order under section 101(5) of FA 2013 in respect of that period.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2015/11/section/70",
    "retrieved_at": "2026-10-28T17:01:27.985809+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."
  }
}