ATED Return Submission

Hi, If an SPV holds several properties , each over £500,000 and all rented out (thus qualifying for rental relief), does it need to submit an ATED return for each property? Is there any difference on purchase year, and subsequent years? (e.g. 1st year needs to submit ATED return for each property, and going forward only 1 return per year?) Thanks, Ann

Hi Ann Q,
You must make a return per dwelling where ATED is to be paid (i.e. where a relief cannot be claimed).
You may make one return for more than one dwelling if you are making the same relief claim for all of those dwellings.
For future reference, general guidance for ATED returns is available here:
Annual Tax on Enveloped Dwellings
Our ATED technical guidance is available here:
Annual Tax on Enveloped Dwellings: technical guidance
Thank you.