ATED Relief
ATED Relief
Our ATED tax advisor expertise helps clients successfully claim Annual Tax on Enveloped Dwellings (ATED) relief.
ATED is applied to all residential property worth over £500,000 owned by a non-natural person, such as a company. This tax is one of the few charged in April at the start of the tax year.
ATED ranges from £3,500 to £236,250, depending on the property value, so relief savings can be large. However, if the property’s use changes during the year, then updated ATED returns/relief claims will be required.
ATED is just one of the many specialist property tax advice services we can provide to reduce your taxes.
ATED Case Study
The ATED problem
A client transferred their portfolio of properties into a company to reduce tax liabilities. However, this triggered a potential ATED issue.
How We Helped
The clients’ properties qualified for relief, and we helped them to do so.
However, one property probably fell outside of the ATED regime.
We advised the client that the consequences of HMRC disputing this meant they might not have claimed relief. This was an expensive risk so we advised the client to claim relief just in case.
The Result
Relief was successfully claimed on all properties. The client now enjoys reduced tax on their entire property portfolio.
ATED Senior Tax Team
J Stuart Thomson MA CA FCT ATT MCSI
Group Managing Director
- Chartered Accountant (Institute of Chartered Accountants of Scotland).
- Associate Chartered Accountant (Institute of Chartered Accountants of England and Wales).
- FCT – Fellow of the Association of Corporate Treasurers.
- MCSI – Member of the Chartered Institute of Securities and Investments
- ATT – Association of Tax Technicians.
Karen Stone FCCA
Senior Enquiries Lead – Accountancy and Tax Advisory Services
- Fellow of the Chartered Institute of Certified Accountants (FCCA)
- Member Association of Accounting Technicians (MAAT)
- Advises owner-managed businesses, personal tax and trust clients.
- Works with our tax and accounts departments in an advisory role.
Peter Briant CTA
Tax Manager
- Chartered Tax Advisor with 20 years experience.
- HM Revenue and Customs (HMRC) Inspector of Taxes.
- Has worked in tax strategy, tax investigations, large business, public sector, personal tax and corporation tax.
- Represented HMRC in discussions with foreign fiscal tax authorities.
Ian Dodge ATT
Senior Tax Manager
- Association of Taxation Technicians (ATT).
- Certified in Probate and Estate Administration.
- Ian leads our tax advice services.
- Over 20 years of experience, he previously worked for HMRC.
- Provides technical tax support for tax barristers.
Contact us early to help us apply for ATED relief. You’ll be pleased you did.