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Simply fill out the form, and then sit back and relax while we analyse the data. Paying your taxes has never been easier.
With UK Property Accountants, filing your ATED return is easy.
If a company or partnership with a corporate partner owns a residential property in the UK worth more than £500,000, they may be liable for the Annual Tax on Enveloped Dwellings (ATED).
Keep your finance in check by calculating your tax & filing your ATED on time!
What our clients say about us
Spearheaded by the UK's polished professional bodies, ACCA and CIOT, we vouch that we render the best service from our qualified and regulated accountants and tax advisers.
We are specialist accountants and tax advisers for your property business! The service delivered by our qualified and experienced team is tailored as per your needs. Our accomplished tech-embedded service with exceptional property tax insight makes us stand out from the rest.
We offer a team of experienced tax professionals who are well-versed in ATED Returns and can ensure that your return is accurate and compliant.
We pride ourselves on our quick turnaround times and efficient processes, ensuring that your return is completed in a timely manner and without any delays.
We take the time to understand your unique circumstances and tailor our services to your specific needs, so you can rest assured that you're getting the best possible advice and support.
Our services are competitively priced, and we offer a range of packages to suit different budgets and needs, so you can get the help you need without breaking the bank.
With our expertise and experience, you can relax knowing that your ATED Return is in good hands and that you're fully compliant with all relevant regulations and requirements.
We make it easy to submit your ATED Return by handling all the paperwork and filing on your behalf, so you don't have to worry about any of the details.
How we work!
When you are submitting your ATED, there are a few things that you need to keep in mind in order to guarantee that the filing process goes smoothly.
Engage in the ATED return for the filing for the years 2023 to 2024 with our assistance.
Obtain a report from a qualified Valuator on the market value of each of the properties.
After receiving the valuation report and other necessary data, UKPA will begin working on the ATED return.
The draft of the ATED return will be sent to you by UKPA for your review and approval.
We will begin working on filing the return as soon as the drafting has been officially approved.
After submitting the online ATED return, you will get a request to make tax payments to HMRC.
Never miss !!
Dwelling Existing on 01 April 2023
You missed out!
Newly Acquired Dwelling after
1st April 2023
From the Date of Acquisition
Newly Constructed Dwelling after
1st April 2023
( whichever is earlier )
Avoid taking the chance of incurring penalties for failing to comply with ATED.
Let our team of tax experts guide you through the ATED process.
We provide tailored advice to meet your specific needs and objectives.
See How We Helped!
We dealt with a client who owned a residential property portfolio worth over £10 million, with three properties subject to the Annual Tax on Enveloped Dwellings (ATED).
The client was uncertain about the ATED compliance requirements and expressed concern regarding potential penalties and interest charges.
To assist the client, we conducted a comprehensive review of their property portfolio and closely collaborated with them to identify the properties that were subject to ATED and their corresponding liability.
As a result of our proactive approach, the client was able to avoid penalties and minimise their tax liability.
Our firm was retained by a client who had recently acquired a high-value residential property subject to ATED and unaware about it.
We conducted a comprehensive review of the property and identified that it had been misclassified for ATED purposes, resulting in a higher tax liability. Collaborating with the client and their legal advisors, we challenged the classification and obtained a reduction in their ATED liability.
Leveraging our expertise in ATED legislation and our experience in dealing with HMRC, we successfully resolved the issue. Our efforts resulted in significant savings for the client, with over £200,000 in tax liability avoided, and they were satisfied with the outcome of our work.
Our experts are ready to assist you
At UKPA, it is done by a team of people evolved from different walks of life. Trained and experienced in property and real estate tax, accounting and compliance matters, most of them are qualified as Chartered Accountants, Chartered Tax Advisers or Chartered Financial Analyst.
Yes, you may be eligible for a refund of any unused portion of the ATED charge if you sell your property before the end of the chargeable period.
Seeking the advice of a tax professional with experience in ATED compliance and filing of the ATED return can help ensure compliance and avoid any penalties or interest charges.
If a trust is holding the legal title of the property on behalf of an individual who actually owns the beneficial interest in the house, then the trust doesn't own the beneficial interest in the house even though it owns the legal title. As a result, the trust is not required to submit tax returns because it doesn't meet the ownership condition.
As the relevant day is later than the first day of the chargeable period, the amount due is the ‘relevant faction’ of the full amount.
182/365 X £26,050 = £13,025
The property was not marketed to the public through an independent agent and is not managed by an independent agent. This would suggest that the rental business is not carried out on a commercial basis. So, the property rental activity cannot be considered as a ‘Qualifying property rental business’ for ATED relief.
Yes, if you disagree with an ATED decision made by HMRC, you can appeal within 30 days of the decision.
For the purpose of the ownership condition, it is immaterial whether the company, partnership or collective investment scheme is incorporate or resident in the United Kingdom.
Hence, your company is subject to ATED provision assuming the value per property exceeds the threshold limit.
The company is jointly and severally liable for ATED for the band appropriate to a £10 million valuation and not just for its 10% proportion.
If the value of your property changes during the year, you may need to file an amended ATED return and pay any additional tax due or claim a refund for overpaid tax.