The 2023/24 chargeable period for annual tax on enveloped dwellings (ATED) is a revaluation year. Revaluations are required every five years and apply regardless of when the property was acquired, and determine which band the property falls into. HMRC has reminded companies to revalue their properties using the valuation date of 1 April 2022 (or date of acquisition if later).
The 2023/24 chargeable period for annual tax on enveloped dwellings (ATED) is a revaluation year. Revaluations are required every five years and apply regardless of when the property was acquired, and determine which band the property falls into. HMRC has reminded companies to revalue their properties using the valuation date of 1 April 2022 (or date of acquisition if later).
