Commentary

B6.771A ATED relief declaration returns

Business tax
Business tax | Commentary

B6.771A ATED relief declaration returns

Business tax | Commentary

B6.771A ATED relief declaration returns

With effect for chargeable periods beginning on or after 1 April 2015 persons who hold properties eligible for a relief from ATED and for which there is no tax liability are able to submit a relief declaration return1. The relief declaration return significantly reduced the administration of ATED in cases where multiple properties qualified for the same relief. No property details are required as part of the return. By contrast, for periods prior to 1 April 2015, a chargeable person (eg a property developer) may have been required to submit multiple ATED returns and asked to provide detailed

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