How to pay your Annual Tax on Enveloped Dwellings (ATED) and ATED-related Capital Gains Tax.
You may have to pay ATED if your company, partnership or collective investment scheme owns, either completely or partly, residential property worth more than £500,000.
You may have to pay ATED-related Capital Gains Tax if you sell a property before 6 April 2019.
For disposals made from 6 April 2019, ATED-related Capital Gains Tax will no longer apply. Any gain made by your company from this date will be liable to Corporation Tax and must be declared on your company’s Corporation Tax return. If you do not already submit a Corporation Tax return, you must register a non-resident company for Corporation Tax.
You’ll need to submit your return and pay HMRC by 30 April if your property is within the scope of ATED on 1 April.
Section 11 of the Returns Notice lists the payment dates when your property is not within the scope of ATED on 1 April.
ATED-related Capital Gains Tax
You must submit your ATED-related Capital Gains Tax return for disposals made before 6 April 2019 and pay by 31 January following the end of the tax year.
Finding your reference number
HMRC will send you a reference number by letter or email, within 10 days of receiving your ATED return or 15 days of receiving your ATED-related Capital Gains Tax return or summary.
The ATED reference number is made up of 14 or 15 characters, starting with an ‘X’.
The ATED-related Capital Gains Tax reference number is made up of 14 characters, also starting with an ‘X’.
How much time to allow
Make sure you pay HMRC by the deadline or you may have to pay a penalty and interest.
The time you need to allow depends on how you pay.
|Payment method||Time allowance|
|Online or telephone banking (Faster Payments)||Same or next day|
|CHAPS||Same or next day|
|Bacs||3 working days|
|By cheque through the post||3 working days|
Make sure your payment reaches HMRC on the last working day before the deadline if it falls on a weekend or bank holiday (unless you’re paying by Faster Payments).
Ways to pay
You can pay ATED or ATED-related Capital Gains Tax by:
- Faster Payments
- Bacs to HMRC’s account
Bank details for online or telephone banking, CHAPS, Bacs
|Sort code||Account number||Account name|
|08 32 10||12001020||HMRC Shipley|
You’ll need your reference number.
Your payment may be delayed if you use the wrong reference number.
- Faster Payments (online or telephone banking) usually reach HMRC on the same or next day, including weekends and bank holidays
- CHAPS usually reach HMRC the same working day if you pay within your bank’s processing times
- Bacs usually take 3 working days
Check your bank’s transaction limits and processing times before making a payment.
You should use these details to pay ATED or ATED-related Capital Gains Tax from an overseas account.
|Account number (IBAN)||Bank identifier code (BIC)||Account name|
|GB03 BARC 2011 4783 9776 92||BARCGB22||HMRC Shipley|
If you need to provide your bank with HMRC’s banking address it is:
Barclays Bank Plc
1 Churchill Place
By cheque through the post
Make your cheque payable to ‘HM Revenue and Customs only’ and write your ATED or ATED-related Capital Gains Tax reference number on the back of the cheque.
If you’re sending a cheque for more than one property please list each dwelling and note the payment reference against each amount.
Do not fold the cheque or fasten it to other papers.
You should allow 3 working days for your payment to reach HMRC. This will take longer if posting from overseas.
HM Revenue and Customs
You do not need to include a street name, city name or PO box with this address.
If you’re paying by post, you can include a letter with your payment to request a receipt from HMRC.