Readers are reminded that returns for the first ATED return period beginning 1 April 2013 were due to be filed by Tuesday 1 October 2013 with payment due by 31 October 2013.

For the first year of ATED, which runs from 1 April 2013 to 31 March 2014, there is a transitional arrangement as noted above. Thereafter, for the ATED period beginning 1 April 2014 and for all future years, the return and the payment will both be due by 30 April. For example, for the ATED period 1 April 2014 to 31 March 2015, both the return and payment are due by 30 April 2014.

If a dwelling first falls within ATED on a date after 1 April in an ATED period, then the return and payment are due within 30 days where purchased or 90 days where the dwelling is newly built or converted. For example, if a property is bought on 1 July, the return and payment would be due on 30 July. If payment is late penalties and interest may be due.

HMRC has also published updated technical guidance covering the ATED. The guidance covers the primary legislation, including the obligation to make ATED Returns and the reliefs available. All information is available on the HMRC website.