Neils Limited Chartered Accountants Tel: 01442 24 24 91 HH Tel:0208 343 6091 London
Neils LimitedChartered AccountantsTel: 01442 24 24 91 HH Tel:0208 343 6091 London

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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