Tax Valuations

Like everything to do with tax, valuations for tax are not as simple as they might seem.

Instead of the Market Value you'll be used to when buying a house or flat, valuations for taxes including Capital Gains Tax (CGT), Inheritance Tax (IHT), Stamp Duty Land Tax (SDLT) and the Annual Tax on Enveloped Dwellings (ATED) are based on a legally defined version of Market Value, which has been affected by numerous court cases over the years.

It’s essential that the valuation you submit is based on this legal version of Market Value. You’ll often find your value for tax is 10% or 15% lower than you might think – and in some rare cases it’s even worth more.  

Higher or lower, this is something you want to get right. Whether that’s to avoid paying too much tax, or to avoid problems - and potential penalties - from HMRC.

We provide clear, reasoned valuations and reports – carried out by our experienced Chartered Valuation Surveyors. You can submit our report to HMRC, which will show them that you have had the property valued professionally.

Our services don't end there, as we are also experienced in discussing and negotiating valuations where initial assessments are questioned. Even if you've already submitted a valuation and been notified that HMRC or District Valuer Services are investigating your figure, we can still help to make sure that you don't pay more tax than you should. 

If you, or someone you represent, requires valuation advice get in touch for a free, no obligation discussion of your requirements.