This update comments on the latest developments on the following:

• higher SDLT rates on purchases of additional residential properties

• proposed reduction in the filing period for SDLT returns to 14 days

• de-enveloping

• voluntary SDLT returns

• the proposed introduction of Welsh Land Transaction Tax

• ATED, including the annual chargeable amounts payable for the period commencing 1 April 2017 and the new digital system for filing ATED returns

• the Project Blue (Chelsea Barracks) SDLT appeal and an important Tribunal decision on ATED penalties