Deadline looming for companies with residential property
ATED? Me? You’re kidding!
If you are a company owning residential property, 30 April 2017 could be a vital deadline for you in avoiding unexpected late filing penalties from HMRC.
Our Head of Business Tax Rob Durrant-Walker writes in Taxation magazine about the “Annual Tax on Enveloped Dwellings” (ATED) filing requirements and why you may end up with a £1,600 penalty even if you are not liable to pay the tax itself.