Save Money and Time with Our ATED Valuations
Does your company own a residential property? If it’s with a value exceeding £500,000, you may be subject to Annual Tax on Enveloped Dwellings.
A RICS Registered Valuer can determine your property’s value with pinpoint accuracy and help identify legal ways to minimise your financial burden.
We can also help you avoid legal reprisal and financial penalties. In the process, we’ll provide you with the valuation report you need for your accountant to calculate your tax obligations without delay.
At Winfields Chartered Surveyors & Valuers, we’re the South of England’s modern and mobile team of RICS Registered Valuers and Surveyors, providing a host of expert property services to businesses and residents in the City.
If you haven’t obtained an ATED valuation for nearly five years, now’s the time to call our efficient, prompt and high-value RICS Valuers.
What you need to know about ATED valuations
ATED is levied by the government on any property that can be classified as a dwelling. I.e., any building used by a company that could at least partly be used for residential purposes.
The following properties are exempt from the ATED scheme:
Hospitals
Hotels
Guest house
Military accommodation
Boarding school accommodation
Prisons
Student halls
Care homes
The ATED Scheme was updated in 2016. Now, any dwelling – provided its value exceeds half a million pounds – owned in partnership with a company or an investor may be subject to ATED. If you’re unsure of your obligations, require advice or need a valuation, don’t hesitate to call us.
ATED Valuations – The benefits
Our valuations are much more than just a legal requirement. They enable you to:
Minimise your tax obligations
Discover which exemptions and tax reliefs are available to you.
Avoid legal recourse
Don’t let an inaccurate or unprofessionally calculated valuation result in financial penalties.
Plan your budget
ATED is an unavoidable expense. Find out how it will affect the planning of your finances for the next five years by obtaining a valuation.
Avoid delays
Let our RICS Valuers produce an error-free report so that nothing interferes with your business operations.
How much ATED do I owe?
The ATED Scheme was updated in 2016. Now, any dwelling – provided its value exceeds half a million pounds – owned in partnership with a company or an investor may be subject to ATED. If you’re unsure of your obligations, require advice or need a valuation, don’t hesitate to call us.
Bristol
Henleaze Business Centre,
13 Harbury Road, Henleaze,
Bristol BS9 4PN
Tel: 01172 872199
Exeter
First Floor, 3-4 Cranmere Court
Exeter
EX2 8PW
Tel: 01392 984364
Taunton
Bridge House,
7 Bridge Street
Taunton TA1 1TG
Tel: 01823 765057
Plymouth
24-26 George Place
Plymouth
PL1 3NY
Tel: 01752 936567