Speed read
HMRC are sending letters to both owners and occupiers of UK residential properties that they believe are owned by non-resident companies.
In some cases the information being requested by HMRC may not be appropriate to provide.
The letters should not be ignored and it is important that great care is taken over the response.
Background
HMRC are sending letters to non-resident companies in respect of UK residential properties that they own, reminding them of potential filings obligations in connection with the annual tax on enveloped dwellings (ATED) and non-resident landlord (NRL) provisions.
These letters are accompanied by information requests that may include a considerable amount of questions on the ownership structure.
