Provisional figures suggest that receipts from ATED have fallen over the last two tax years. When the lower £500,001 – £1m charge band came into force in 2016–17, the receipts generated by this new band did not compensate for the fall in receipts from the other bands. Furthermore, 2016–17 also saw a 68% increase in the number claiming relief from the charge, perhaps signalling that lower value enveloped dwellings are more likely to qualify for relief from ATED. So while this filing season may be busier for those involved in the administration of ATED, it may not be matched by a substantial increase in tax revenues.

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