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ATED amounts increased from April

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The Annual Tax on Enveloped Dwellings (Indexation of Annual Chargeable Amounts) Order, SI 2024/379, sets out the Annual Tax on Enveloped Dwellings (ATED) chargeable amounts for chargeable periods beginning on or after 1 April 2024.

The bands (based on the value of the property) are unchanged, and the chargeable amount for each band has been increased by inflation (rounded down to the nearest £50), as per the indexation requirements in FA 2013 s 101.

Generally, ATED returns must be filed by 30 April or within 30 days of the date the property was acquired, if later.

Issue: 1656
Categories: News
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