Commentary

B6.704 ATED—summary of division content

Business tax
Business tax | Commentary

B6.704 ATED—summary of division content

Business tax | Commentary

B6.704 ATED—summary of division content

The table below provides a summary of the main ATED topics discussed in the division as well as the relevant articles which provide further information on each topic area.

TopicDescriptionArticle
The charge to taxFor ATED to apply there must be an interest in a UK dwelling with a taxable value greater than £500,000 and a company, partnership with a corporate member or collective investment scheme must be beneficially entitled to that interest.
In certain cases where a company is jointly entitled, ATED can still apply to the whole interest in the dwelling and not just the company's share in that interest.
The amount of ATED is based on the band into which the taxable value of the SDI

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