ATED—administration and payment of tax

Published by a LexisNexis Tax expert
Practice notes

ATED—administration and payment of tax

Published by a LexisNexis Tax expert

Practice notes
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The basic charge to ATED is explained in Practice Note: ATED—the basics. This Practice Note summarises how ATED is administered and the steps taxpayers need to take in relation to payment of ATED. This Practice Note uses various expressions and concepts used in the ATED legislation which are explained in detail in Practice Note: ATED—the basics—General defined terms.

ATED is a self-assessed tax and the duty is on the chargeable person (as defined for ATED purposes) to determine whether ATED is applicable to a property Interest and submit the relevant returns along with payment of any ATED due to HMRC within the applicable deadlines.

What returns need to be submitted to HMRC?

ATED return

Where the conditions for ATED are satisfied, the chargeable person must submit an ATED return to HMRC. For details on completing an ATED return, see below: Completing an ATED return.

There is no statutory obligation on HMRC to issue a notice to a taxpayer concerning the requirement to submit an ATED return.

Deadlines for submitting an ATED return

Where the conditions for ATED

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Jurisdiction(s):
United Kingdom
Key definition:
Administration definition
What does Administration mean?

Administration is a procedure under the Insolvency Act 1986, under which a company in financial difficulties is run by an Administrator as a going concern prior to the implementation of longer-term options such as break-up and sale.

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