- Applies to Companies owning residential properties valued over £500k
- Relief given if let on commercial basis.
- Initial – Date of Purchase
- Subsequent – 1st April 2012 and then every 5 years i.e. 1st April 2017, 1st April 2022 and so on.
- Tax year runs from 1st April to 31st March.
- Tax return due date
- Initial – within 30 days of purchase
- Subsequent – by 30th April during the tax year i.e. for tax year 1st April 2018 to 31st March 2019. Return must be submitted by 30th April 2018.
- ATED UTR – we get a 15 digit UTR on registration
- To file a return no need to wait for UTR.
ATED Return Notice