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ATED returns

29th April 2016

ATED is the anacronym for 'Annual Tax on Enveloped Dwellings'.

This is an annual tax charge for companies that own residential property in the UK, and from 1st April 2016 the annual tax charge applies to residential properties with a value over £500,000.

There are various reliefs available to reduce the tax charge to nil, for example properties let on a commercial basis and farmhouses, however the appropriate paperwork needs to be completed to claim the relief.

The deadline for all returns, payments and applications for relief is 30th April 2016 (for the year 1 April 2016 - 31 March 2017) so please get in touch if you think this may be relevant.

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