Annual UK Annual Tax on Enveloped Dwellings statistics commentary
Updated 31 March 2026
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About this release
This publication provides annual statistics on receipts and liable declarations for the Annual Tax on Enveloped Dwellings (ATED) for the period up to 31 March 2025. These statistics cover the whole of the UK. Data is split by price band, region, local authority, and type of relief. For definitions, guidance and references see the published tables (spreadsheet) that accompany this document.
These statistics are non-accredited official statistics. They follow the professional standards in the Code of Practice for Statistics.
Effective from financial year 2023 to 2024, HMRC revises previous years’ worth of statistics to account for ATED late returns. This has resulted in uplifts to the number of ATED returns. As such, HMRC has re-issued figures for all financial years to account for late ATED returns. This does not impact tax liabilities or payments received by HMRC.
Background about Annual Tax on Enveloped Dwellings
Introduced in April 2013 to combat avoidance of Stamp Duty Land Tax, the Annual Tax on Enveloped Dwellings (ATED) is a recurring annual charge on UK residential property held in a ‘corporate envelope’ (a company for example).
How does ATED apply
ATED is a tax charged on ‘non-natural persons’ (typically companies) that own an interest in one or more UK residential properties valued above a certain amount. An ATED return must be completed where:
The property is completely or partly owned by a non-natural person - that is, a company, a partnership where any of the partners is a company, or a ‘collective investment scheme’ (for example, a unit trust or an open-ended investment company); and is valued at more than:
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£2 million, for returns from April 2013 onwards
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£1 million, for returns from April 2015 onwards
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£500,000, for returns from April 2016 onwards
ATED liable properties are subject to fixed revaluation dates, every 5 years after 1 April 2012, which apply regardless of when the property was acquired.
The annual ATED charge is based on the value of the property at the fixed 5 yearly revaluation date, or the price at acquisition, if that was more recent. For the 5 financial year chargeable periods up to 2017 to 2018, the valuation date was 1 April 2012. For the 5 financial year chargeable periods up to 2022 to 2023 the valuation date was 1 April 2017. The valuation date for the 2023 to 2024, and 2024 to 2025 chargeable period is 1 April 2022.
Main summary
The headline findings in this annual report are:
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total ATED receipts in the 2024 to 2025 financial year were £133 million, increasing by 1% (£1 million) compared to the previous year
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ATED total receipts have now risen for 4 consecutive financial years
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The number of liable ATED declarations decreased to 5,210 in the 2024 to 2025 financial year, compared to 5,330 in the previous year
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the majority of ATED receipts are from London (82%) (excluding data with missing geographic information), remaining unchanged when compared to the 2023 to 2024 financial year
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the local authority with the greatest share of ATED receipts in financial year 2024 to 2025 remains Westminster (47%), followed by Kensington and Chelsea (22%)
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the number of relief declarations made in financial year 2024 to 2025 was 30,350, increasing by 5% when compared to 2023 to 2024
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all types of relief declarations increased in financial year 2024 to 2025 compared to financial year 2023 to 2024, with the most notable rise being a 6% increase for rental relief (accounting for 83% of all relief claims)
Estimated ATED receipts by band
Figure 1 below shows ATED receipts by property value band between financial year 2020 to 2021 and financial year 2024 to 2025. Liable declarations include those which were liable for only part of the year, for example, when a property is sold.
Declaration numbers relate to the number of liable properties in the particular financial year, but receipts figures relate to the value of payments received in the financial year, rather than liabilities for the financial year.
Figure 1 shows that receipts for most price bands have increased or stayed the same compared to the 2023 to 2024 financial year, continuing the upward trend seen since the 2021 to 2022 financial year. Prior to this, there were consecutive periods of falls across all valuation bands between financial year 2015 to 2016 and financial year 2020 to 2021.
Figure 1: ATED receipts by price band
| Financial year | £500k-£1m | £1m-£2m | £2m-£5m | £5m-£10m | £10m-£20m | Over £20m | Total |
|---|---|---|---|---|---|---|---|
| 2020-21 | £6m | £10m | £27m | £25m | £17m | £26m | £111m |
| 2021-22 | £7m | £11m | £29m | £26m | £18m | £28m | £119m |
| 2022-23 | £7m | £11m | £30m | £27m | £19m | £30m | £124m |
| 2023-24 | £8m | £13m | £31m | £28m | £20m | £31m | £132m |
| 2024-25 | £9m | £13m | £31m | £27m | £20m | £32m | £133m |
The main findings for estimated ATED receipts by band are:
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total ATED receipts in the 2024 to 2025 financial year were £133 million, increasing by 1% (£1 million) compared to the 2023 to 2024 financial year
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in the financial year 2024 to 2025, the largest change to total ATED receipts was a 13% increase for the £500,000 to £1 million price band compared to the 2023 to 2024 financial year
Figure 2 below shows total receipts since ATED was introduced in financial year 2013 to 2014. The figure shows that total ATED receipts peaked in the 2015 to 2016 financial year at £178 million. Total receipts then fell year on year until financial year 2020 to 2021 to £111 million. Total receipts again rose between 2020 to 2021 and the latest financial year, 2024 to 2025, to £133 million.
Figure 2: ATED total receipts
Estimated ATED liable declarations by band
Figure 3 below shows the number of ATED liable declarations by property value band between financial year 2020 to 2021 and financial year 2024 to 2025.
Figure 3: Number of liable declarations
| Financial year | £500k-£1m | £1m-£2m | £2m-£5m | £5m-£10m | £10m-£20m | Over £20m | Total |
|---|---|---|---|---|---|---|---|
| 2020-21 | 1,950 | 1,630 | 1,310 | 510 | 180 | 140 | 5,720 |
| 2021-22 | 1,920 | 1,530 | 1,190 | 450 | 160 | 130 | 5,380 |
| 2022-23 | 1,930 | 1,480 | 1,130 | 440 | 160 | 120 | 5,260 |
| 2023-24 | 2,030 | 1,520 | 1,090 | 420 | 150 | 120 | 5,330 |
| 2024-25 | 2,050 | 1,480 | 1,040 | 390 | 140 | 110 | 5,210 |
The points below illustrate a breakdown of ATED liable declarations by price band:
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across most price bands, the number of liable ATED returns has either fallen or remained broadly stable over the period from 2020 to 2021 to 2024 to 2025. The main exceptions is the £500,000 to £1 million, which saw an increase in 2023 to 2024 compared with 2022 to 2023, followed by further increases in 2024 to 2025
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the overall profile of liable declarations across all price bands remained consistent across all years
ATED receipts in the UK by countries and, within England, regions
Figure 4 shows the country and, within England, regional breakdown of receipts by percentage for five financial years from the 2020 to 2021 financial year up to the 2024 to 2025 financial year. The geographical breakdown of receipts in the 2024 to 2025 financial year closely mirrors the breakdown in previous years. Though London remains the region with the largest percentage share of total ATED receipts, its percentage share had fallen since the 2020 to 2021 financial year. Please note that the values shown for “Rest of the UK” in Figure 4 may not directly align with the corresponding figures in Table 2a as Table 2a splits this category into its regions.
Figure 4: ATED Receipts by region
| Financial year | London | South East | Rest of the UK | Total |
|---|---|---|---|---|
| 2020-21 | 85% | 10% | 5% | 100% |
| 2021-22 | 85% | 9% | 6% | 100% |
| 2022-23 | 84% | 9% | 6% | 100% |
| 2023-24 | 82% | 10% | 8% | 100% |
| 2024-25 | 82% | 10% | 8% | 100% |
The following points below illustrate a breakdown of total ATED receipts by country and, within England, region:
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receipts from ATED declarations for properties in London accounted for 82% of all receipts in the 2024 to 2025 financial year, remaining unchanged
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overall, the country and regional breakdown appears broadly stable when compared to previous years, with the South East at 10% of all receipts, the East of England at 2%, the South West at 2%, and Scotland at 1%
ATED receipts by local authority
Figure 5 shows the local authority geographical breakdown of receipts by percentage for five financial years from the 2020 to 2021 financial year up to the 2024 to 2025 financial year.
It is not possible to provide a comprehensive breakdown of receipts for all local authorities in the UK as this would breach HMRC’s policy on disclosure and taxpayer confidentiality. Please note that the value shown for “Rest of the UK” in Figure 5 may not directly align with the value in Table 2b as it separates out more individual local authorities before grouping those outside the top ten.
Figure 5: ATED Receipts by local authority
| Financial year | Kensington and Chelsea | Westminster | Rest of the UK | Total |
|---|---|---|---|---|
| 2020-21 | 24% | 48% | 29% | 100% |
| 2021-22 | 23% | 48% | 29% | 100% |
| 2022-23 | 23% | 48% | 29% | 100% |
| 2023-24 | 23% | 47% | 31% | 100% |
| 2024-25 | 22% | 47% | 31% | 100% |
The points below illustrate the geographical breakdown by local authority:
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ATED receipts continued to be highest within the London Borough of Westminster, accounting for 47% of ATED receipts in the 2024 to 2025 financial year, remaining unchanged when compared to the 2023 to 2024 financial year
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a further 22% of receipts came from declarations in the London local authority of Kensington and Chelsea, decreasing compared to the 2023 to 2024 financial year
ATED relief declarations by type
There are a number of reliefs available which may reduce a non-natural person’s ATED liability to nil.
It is not possible to provide a full breakdown of relief type claims as this would breach HMRC’s policy on disclosure and taxpayer confidentiality.
Figure 6 shows the number of ATED relief declarations for five financial years from the 2020 to 2021 financial year up to the 2024 to 2025 financial year. Total relief claims have risen each year since the introduction of ATED.
Figure 6: ATED relief declarations by type
| Financial year | Rental | Developer | Other | Total |
|---|---|---|---|---|
| 2020-21 | 17,880 | 3,010 | 1,920 | 22,810 |
| 2021-22 | 19,190 | 3,070 | 1,930 | 24,190 |
| 2022-23 | 20,910 | 3,010 | 1,980 | 25,900 |
| 2023-24 | 23,740 | 3,090 | 2,130 | 28,950 |
| 2024-25 | 25,050 | 3,130 | 2,170 | 30,350 |
The main findings are:
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there was a total of 30,350 relief declarations in the 2024 to 2025 financial year, increasing by 5% compared to the 2023 to 2024 financial year
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all types of relief declarations increased in financial year 2024 to 2025 compared to financial year 2023 to 2024, with the most notable rise being a 6% increase for rental relief (accounting for 83% of all relief claims)
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the next highest share of relief claims was the developer relief accounting for 10% of total claims, with the number of claims increasing by 1% when compared to the 2023 to 2024 financial year
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the ‘other’ relief categories account for 7% of total claims, with the number of claims increasing by 2% when compared to the 2023 to 2024 financial year
Contact information
Email stamptaxes.statistics@hmrc.gov.uk
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