ATED Returns for the period 1 April 2019 to 31 March 2020 must be filed and any tax due paid by 30 April 2019.
The ATED regime apples to residential properties owned by non-natural persons such as companies worth over £500,000 as at 1 April 2017 (or their value on acquisition, if later).
The charges for 2019/2020 are as follows:
| Value | ATED Charge | |
| 1. | More than £500,000 to £1M | £ 3,650 |
| 2. | More than £1M to £2M | £ 7,400 |
| 3. | More than £2M to £5M | £ 24,800 |
| 4. | More than £5M to £10M | £ 57,900 |
| 5. | More than £10M to £20M | £116,100 |
| 6. | More than £20M | £232,350 |
ATED Reliefs (which should be claimed) are available in certain instances, such as commercial rentals.
Contact Robert Drysdale for further information and assistance.
