Annual Tax on Enveloped Dwellings (ATED) – Does it apply to you?

Annual Tax on Enveloped Dwellings (ATED) – Does it apply to you?

Do you own a UK residential property with a value of more than £500,000 through a company or other corporate vehicle ? If so, then you are probably within the ATED regime. You will need to make sure that you file a return and pay the tax due for the year 2017/2018 by 30th April this year. If you do not file a return, then Read more…

Is your business subject to the new ATED Tax?

Is your business subject to the new ATED Tax?

The Annual Tax on Enveloped Dwellings (ATED) tax, announced by HMRC earlier this year, is applicable to all UK or non-UK companies owning UK residential or mixed-use property valued above £2 million on 1 April 2012 (or when purchased, if after this date). You’ll need to complete an ATED Tax Return for your property if all of the following apply: it’s a residential or mixed Read more…