For the period 1 April 2021 to 31 March 2022, you must complete the ATED annual compliance documentation between 1 April and 30 April 2021. For this compliance season, the value of the property for ATED purposes is the market value as at 1 April 2017. If you acquired the property after this date, the value at acquisition is used to determine which charge applies. If you acquire residential property part-way through an ATED year, all ATED compliance (including payment of the pro-rated ATED charge) should be completed within 30 days of acquisition.
The ATED charges for the period 1 April 2021 to 31 March 2022 are as follows:
|More than £500,000 up to £1 million
|More than £1 million up to £2 million
|More than £2 million up to £5 million
|More than £5 million up to £10 million
|More than £10 million up to £20 million
|More than £20 million