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You’ll then need to pay anything you owe. You can use the ATED online service to submit your return and appoint an agent. ATED-related Capital Gains Tax or Corporation Tax if you sell your property.Stamp Duty Land Tax when you buy your property - there’s a higher rate for corporate bodies.you claim a relief for part of the year.you own the dwelling for part of a year.

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Section 6 and 7 of the ATED technical guidance tells you more about how to work out the charge if: Chargeable amounts for 1 April 2023 to 31 March 2024 Property valueĬhargeable amounts for 1 April 2022 to 31 March 2023 Property valueĬhargeable amounts for 1 April 2021 to 31 March 2022 Property valueĬheck chargeable amounts prior to 1 April 2021. The amount you’ll need to pay is worked out using a banding system based on the value of your property. If you acquire property after 1 April 2022, use the acquisition date. You must revalue the properties you owned on or before 1 April 2022 using that date. Revaluation dateĬhargeable periods that apply (1 April to 31 March)įor the 5 chargeable periods from 2023, the revaluation date is 1 April 2022. There are revaluation dates every 5 years from 1 April 2012. In some circumstances you can also ask HMRC for a Pre-Return Banding Check ( PRBC).

To work out what you need to pay you’ll need to value your property using a valuation date. Section 19 of the ATED technical guidance explains more about the meaning of ‘dwelling’. Some properties are not classed as dwellings. It includes any gardens, grounds and buildings within them.įind out about valuing different types of properties for example mixed use, more than one dwelling and multiple interests in properties. Your property is a dwelling if all or part of it is used, or could be used, as a residence, for example a house or flat. There are reliefs and exemptions from the tax, which may mean you do not have to pay. Returns must be submitted on or after 1 April in any chargeable period. collective investment scheme - for example a unit trust or an open ended investment vehicle.partnership where any of the partners is a company.£1 million (for returns from 2015 to 2016 onwards).£2 million (for returns from 2013 to 2014 onwards).is a dwelling - find out the meaning of ‘dwelling’ in the next section.You’ll need to complete an ATED return if your property: after 1 April 2022 - use the date you acquired it as the valuation dateĪTED is an annual tax payable mainly by companies that own UK residential property valued at more than £500,000.on or before 1 April 2022 - use 1 April 2022 as the revaluation date.The 2023 to 2024 chargeable period is a revaluation year. You must revalue your property every 5 years in line with ATED legislation.