Revised rates for the Annual Tax on Enveloped Dwellings
11th March 2019The charges made under the Annual Tax on Enveloped Dwellings (ATED) regime increase in line with inflation on 1 April 2019:
| Property value | From 1 April 2018 | From 1 April 2019 |
| £ | £ | |
| More than £500,000 up to £1 million | 3,600 | 3,650 |
| More than £1 million up to £2 million | 7,250 | 7,400 |
| More than £2 million up to £5 million | 24,250 | 24,800 |
| More than £5 million up to £10 million | 56,500 | 57,900 |
| More than £10 million up to £20 million | 113,400 | 116,100 |
| More than £20 million | 226,950 | 232,350 |
ATED is an annual tax payable mainly by companies that own UK residential property valued at more than £500,000. Reliefs and exemptions from the tax are available in certain circumstances which may mean that no tax is payable, although a tax return still has to be filed.
Disclaimer - All information in this post was correct at time of writing.
