Introduction Summary
1.This section amends the annual tax on enveloped dwellings (ATED) return obligations. In particular, it introduces a new type of ATED return, the “relief declaration return”, for persons who hold an interest in a dwelling which is eligible for relief from ATED and in respect of which there is no tax to pay. It results in a significant reduction in the administrative burden on businesses by reducing the number of returns that must be filed and the information that must be provided to HM Revenue & Customs. The changes have effect for chargeable periods beginning on or after 1 April 2015.