ATED is an annual tax on non-natural persons (eg, companies) with interests in UK dwellings valued at more than £500,000. It is applied for a chargeable period and is generally calculated by reference to the value of the property on 1 April 2022 or the date of acquisition if later.
The 2025/26 chargeable period began on 1 April 2025 and will end on 31 March 2026. The amounts due are as follows:
| Value of the property | ATED due |
|---|---|
| £500,001 to £1,000,000 | £4,450 |
| £1,000,001 to £2,000,000 | £9,150 |
| £2,000,001 to £5,000,000 | £31,050 |
| £5,000,001 to £10,000,000 | £72,700 |
| £10,000,001 to £20,000,000 | £145,950 |
| More than £20m | £292,350 |
Companies within scope of the ATED at the beginning of the 2025/26 chargeable period, must submit a return using HMRC’s online service and pay any tax due by 30 April 2025. Companies coming within scope of the rules at a later date have 30 days from that date to meet their obligations.
Reliefs are available that may reduce or extinguish the company’s liability to ATED, including qualifying property rental business relief (QPRBR). The reliefs are not given automatically and must be claimed in the annual return or in a relief declaration return, also by 30 April 2025. In January 2025, HMRC wrote to companies that it suspected may have failed to pay ATED for earlier chargeable periods because they had relied in error on QPRBR.
To help companies comply with their ATED obligations, HMRC has published an online tool Check how to submit your ATED return.
Further information
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