It is that time of year again when we like to draw your attention to the need to prepare and submit your Annual Tax on Enveloped Dwellings (ATED) Returns.
By 30 April 2017, you must have completed your ATED Return and made your ATED payment for the period 1 April 2017 through to 31 March 2018.
There may well be a change of circumstances, which is relevant for consideration in the ATED Return, such as the letting of a residential property. If this is the case, then early consideration and preparation of the ATED Return is advisable.
There are also several reasons why you may want to consider possible restructuring options for your UK residential property holdings:
We look forward to receiving your instructions for the preparation of your ATED Return.
Furthermore, if you wish to consider restructuring, we would be delighted to assist with this.