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Home / Simons-Taxes /Business tax /Part B6 Property income and taxes /Division B6.7 Annual tax on enveloped dwellings (ATED) /ATED—acquisitions and disposals / B6.735 ATED—acquisitions and disposals
Commentary

B6.735 ATED—acquisitions and disposals

Business tax

B6.735 ATED—acquisitions and disposals

This article considers the circumstances in which a person acquires or disposes of a chargeable interest and the date of that acquisition or disposal for ATED purposes. Acquisition or disposal of an SDI during a chargeable period will result in the reduction of the ATED charge for the period. In the case of a disposal this is achieved by making an amendment to the ATED return and, where the amendment is made before the end of the period, claiming interim relief (see B6.708) or otherwise by applying the adjusted chargeable amount rules at B6.715. For more detail on acquisitions and disposals by contract and conveyance,

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