Properties subject to the Annual Tax on Enveloped Dwellings (ATED) charge must be revalued every five years. The next revaluation date is 1 April 2022.

  • The ATED charge for 2022-23 is based on the property value as at 1 April 2017 with the return and payment being due by 30 April 2022.
  • As ATED property valuations have to be updated every five years, all properties subject to the charge now need to be revalued as at 1 April 2022. It is this value that will be used to calculate the charge for the next five years starting with the 2023-24 charge, due by 30 April 2023.

Useful guides on this topic

Annual Tax on Enveloped Dwellings (ATED)
What is the Annual Tax on Enveloped Dwellings (ATED)? Who does ATED apply to? What relief is available and how is it claimed? What are the ATED return filing dates?

De-enveloping property
A company may wish to transfer its residential property to its shareholders, this is known as ‘de-enveloping’. There is no specific tax relief for de-enveloping: the result is that it needs to be carefully planned in order to mitigate tax charges.

Buy-to-let ownership: personal v. company? (Subscribers)
What is the most tax-efficient option to own buy-to-let property? Personally or via a company? What are the income and Corporation Tax, CGT, IHT, ATED, SDLT, or VAT issues? With tips on profit extraction and other planning points, case studies and links to further guidance.

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