ATED: Annual Tax on Enveloped Dwellings

  • Property related tax payable by companies owning UK dwellings worth more than £2million.
  • The £2m threshold is reducing in 2015 to £1m – and in 2016 to £500k so many small limited companies could get caught!
  • Introduced 1 April 2013
  • Affects non-charitable companies and partnerships owning a property valued or acquired at over £2m
  • Thresholds apply and are subject to change.
  • Relief must be applied for, via an annual return.
  • Charities owning such assets are exempt
  • The tax is payable in “bands” a bit like Council Tax.
  • Consult HMRC for more info or your accountant.
  • See also Mansion Tax

What are your thoughts?

Your email address will not be published. Required fields are marked *

About the author


Formerly a student living in a rented room my vision focused on excellence. Letting phenomenal student houses soon became more than a day job - more a way of life.

Continuing to look after our tenants I subsequently also founded what is widely recognised as a phenomenal student lettings agency.