Our ATED/ARPT Valuations Service

By appointing a qualified and experienced residential property Valuer, you are more likely to avoid the inconvenience and expense of an HMRC challenge as there is much less likelihood for them to investigate a valuation prepared by a Chartered Surveyor. In their own words: "HMRC will be able to enquire into returns and challenge valuations but they will normally be able to accept valuations prepared by a professional property Valuer."

As two of the Directors at Capital Chartered Surveyors are Revenue trained, with many years of experience gained at the District Valuers Office, their knowledge and experience is invaluable when preparing a valuation for ATED.

Why get a ATED/ARPT Valuation?

Companies that own residential property in the UK are subject to the Annual Tax on Enveloped Dwellings (ATED). The valuation date used for this tax is 1st April 2012 or the acquisition date, if the property was acquired later. The valuation figure on 1st April 2012 will be used for 5 years of tax return periods commencing 1st April 2013. The property will have to be valued again in 2017. Normally, the return must be submitted by 30th April each year. Late returns and late payments also attract penalties and interest. Please note that where a property is jointly owned, all owners are responsible for ensuring the returns and payments are submitted. It is important to submit an accurate figure to HMRC as you will have to pay penalties together with any increase in the ATED/ARPT and late payment interest.