Annual Tax on Enveloped Dwellings (ATED) for 2019/2020 – Returns and Tax due this month

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.

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