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This article discusses the relief from ATED where a dwelling is owned by either a trading business or (for chargeable periods beginning on or after 1 April 2016) a qualifying property rental business and it is used to provide living accommodation to qualifying employees or, in cases where the business is structured as a partnership, qualifying partners. For example, a company may own a flat in London which is made available as accommodation for employees from foreign offices who are visiting the UK for short periods of time or who are seconded to the UK. For the effect of ATED reliefs, see B6.745.

A day in a chargeable period is a relievable day if, on that day¹:

1. Ìý

   (a)ÌýÌýÌýÌý a person ('P') is entitled to an SDI

2. Ìý

   (b)ÌýÌýÌýÌý P, or a 'group member', carries on a 'qualifying trade' or 'qualifying property rental business' (see below)

3. Ìý

   (c)ÌýÌýÌýÌý the interest is held for the purpose of making the dwelling available to one or more