ATED – valuation date

Published 27th March 2017

Residential property owned by a company is potentially subject to ATED (Annual Tax on Enveloped Dwellings) where the value on the valuation dates is more than £500,000. Relief from ATED may be available if the use of the property meets one of several criteria including commercial letting or development.

Whether your property qualifies for relief or not you must still notify HMRC and complete annual returns for ATED. You must also have the property revalued once every five years.

April 2017 is another valuation date and so if your property is held through a company it is now time to get it revalued whether you are entitled to relief from the ATED or not. This valuation will be used for the calculation of ATED for the five years commencing April 2018.

The newsletters on this website are believed correct at the time of publication. They may not include subsequent changes in the law. If the subject matter is of interest you should contact us to see if there is a relevant update.

Taxation is a complicated subject and is subject to change. This article is provided for general guidance only. You should only rely on advice prepared specifically for you. Neither the writer nor Landlords Tax Services Ltd can be held liable for any loss arising from any act or omission by you as a result of your understanding of this article.

Landlords Tax Services Ltd, specialises in the taxation of residential property income and gains and around half its clients are resident outside the UK. If you would like specialist help contact Maurice Patry F.C.A. at or for more information visit our website at Landlords Tax Services Ltd