Valuation for Tax Purposes
Valuation for Tax Purposes
Our role
We act for private individuals or businesses. Our Chartered Surveyors determine the value of a site or building, at the date of reporting, for a variety of taxation purposes including ATED, Inheritance Tax, Capital Gains Tax, Corporation Tax Stamp Duty Land Tax, and Income Tax.
We will provide a detailed, evidence-based report, based on the statutory definition of market value that states our opinion of the value, for the property in question on the date required for reporting. Valuations for tax purposes often need to be reported for a specific, often historical date and our team is able to meet this need.
We assess ALL kinds of residential and commercial property including land, houses, bungalows, flats, including those of non-standard construction, to provide our considered opinion of its value.
Our aim is to help you make sound financial decisions relating to property. A valuation conducted by an RICS registered valuer will ensure an accurate value of assets is provided, to meet the demands of the valuation office agency on behalf of HMRC. This will prevent you from incurring interest on additional tax payable or having to pay any penalties.