ATED Returns

ATED (annual tax on enveloped dwellings) affects any company who holds residential property. It also impacts some other entities, such as partnerships with corporate partners, some trusts and certain collective bodies holding residential property.

The regime has only been with us since 2013, when properties valued at £2m and over were affected. More companies are now feeling the impact of the tax as properties valued at £500,000 and above came within the ATED regime from 1 April 2016.

When you need to submit an ATED return?

Use Our service to send a return for all years from 1 April 2015.

We will contact HMRC to get a paper version of the return by either email or post if you:

cannot access the online service
need to file a return for a year before 1 April 2015

Allow up to 2 weeks for a paper return to be delivered to you by post.

Do not file a duplicate return online if you’ve already submitted a paper return.

The ATED applies unless a relief is claimed. It does not apply to individuals.

ATED is payable annually in advance by 30 April and a return must also be filed by that date.
The ATED is based on the taxable value of the property:

Properties are revalued for the purposes of ATED every five years.

Companies within the ATED rules can register themselves or appoint an agent to act on their behalf.

We help clients to prepare and finalize their ATED returns on yearly basis for their company.

Relief from ATED:

There are various reliefs available against the ATED charge. However, even if you are eligible for one of these reliefs and there is no tax payable, you must still submit a return and make a claim for the relief by completing a Relief Declaration Return. Again, the deadline date for the submission of this return is 30 April 2017.

Deadline for filling and payment:

Returns under ATED need to be submitted by 30 April in the chargeable year. This is more than 11 months before the end of the relevant tax year
In the year in which an ATED property is acquired, the return and payment are due within 30 days if purchased, or 90 days if the property is newly built.

Penalties and Interest:

For Non-Filling or Late filling