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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:
| Property value | Annual charge |
| More than £500,000 up to £1 million | £3,700 |
| More than £1 million up to £2 million | £7,500 |
| More than £2 million up to £5 million | £25,300 |
| More than £5 million up to £10 million | £59,100 |
| More than £10 million up to £20 million | £118,600 |
| More than £20 million | £237,400 |
Your ATED returns and relief declarations should be submitted using HMRC’s ATED online service, which has been in place since 1 April 2018. You can register for the service in advance, which we recommend to ensure you are set up in time to meet the deadline. However, submissions can only be made within the April ATED submission window.
If you hold or are considering investing in UK residential property valued in excess of £500,000, are unsure as to whether ATED applies to properties in your situation, or if you think that ATED deadlines may have been missed in the past, please fill out the form below and one of our experts will be in touch to discuss your requirements.
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