Personal Tax

Our personal tax lawyers assist with all aspects of UK income and capital taxation compliance for individuals, small businesses, trustees and executors. 

The completion of Personal Self Assessment Tax Returns is one such service used by a large number of our clients.

Our team of specialists will help, guide and ensure that clients are up to speed with their tax affairs.    

We pride ourselves in using the latest software and technology to ensure a cost effective and timely completion of tax returns.

Annual Tax on Enveloped Dwellings (ATED)

We have particular expertise in the rules applying to the Annual Tax on Enveloped Dwellings which apply to certain high value residential property. These provisions came into effect on 1 April 2013.

An ATED Tax Return must be completed for your property if all of the following apply:

  • It qualifies as a residential property (according to HMRC).
  • It is situated in the UK.
  • It was valued at more than £2 million on 1 April 2012, or at acquisition if later. This threshold value reduces to £1 million in April 2015 and to £500,000 in April 2016.
  • It is owned, completely or partly, by a company, a partnership where one of the partners is a company, or a 'collective investment vehicle' - for example, a unit trust or an open ended investment company.

We can assist with completion of annual ATED returns and all matters in relation to this.

To access the firm’s briefing note on the subject please click here.

For further information on Personal Tax or ATED, please contact Hugh MacDougald or Bharat Mandalia