Neils Limited Spiro Neil Chartered Accountants
Neils LimitedSpiro NeilChartered Accountants

ATED

 ATED

Annual Tax on Enveloped Dwellings Overview

Most residential properties (dwellings) are owned directly by individuals. But in some cases a dwelling may be owned by a company (or other collective investment vehicle). In these circumstances the dwelling is said to be 'enveloped' because the ownership sits within a corporate 'wrapper' or 'envelope'. The Annual Tax on Enveloped Dwellings (ATED) is a tax charged on ‘non-natural persons’ (a company, a partnership with a company member, or a collective investment scheme) which hold an interest in one or more UK residential dwelling(s) known as (a ‘single-dwelling interest’) and where that single dwelling interest is worth more than £1/2 million. It will not apply where an individual alone, or with other individuals, owns a residential property. ATED is an annual tax and is charged in respect of ‘chargeable periods’ running from 1 April to 31 March.

Address

109B High Street

Hemel Hempstead

Herts HP1 3AH

Tel: 01442 242491

 

The Brentano Suite

Solar House

915 High Road

London  N12 8QJ

Tel: 0208 343 6091

 

 

 

 

 

 

Making an appointment

If you have an enquiry or wish to make an appointment please contact us:

 

London : 0208 343 6091

Hemel :  01442 24 24 91

Email: neil@neiltax.london

 

 

 

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