What is ATED? When do you need to do an ATED tax return?

What is ATED? The Annual Tax on Enveloped Dwelling tax. What is it? When does it apply? What exemptions are there?
In this video, you will discover:
What is a dwelling for ATED purposes?
When does the ATED Tax kick in?
What are the ATED exemptions when they don't apply?
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[@louiseknight9506]

How about if the company director or his family member lives at the property?

[@kimberleyshapcottpropertytax]

This will depend on the agreement in place and whether it is formally rented or not. There would likely be a benefit in kind if there is no rent.