ATED is an annual tax payable mainly by companies that own UK residential property valued at more than £500,000. Returns must be submitted on or after 1 April in any chargeable period. Your property is a dwelling if all or part of it is used, or could be used, as a residence, for example a house or flat. It includes any gardens, grounds and buildings within them.
Some of the properties that are not included as dwellings are as follows:
When to file ATED Return?
When you will be charged a penalty and interest?
How will we help you with your ATED Planning and ATED Returns ?
As a firm of chartered certified accountants, we provide expert service in preparing and filing ATED Returns. Unlike ordinary accountants, we understand the specific accounting issues faced by the property sector, so the whole process would be hassle-free.