Home / Probate & Tax Valuations
Probate and Tax Valuations
When a property's value has to be reported to HMRC, the figure needs to stand up to scrutiny. I prepare independent valuations to RICS Red Book standards, setting out the comparable evidence behind the figure.
Probate and inheritance tax
Market value at the date of death, for executors, solicitors and accountants. The report sets out the evidence behind the figure, ready if HMRC's Valuation Office asks questions.
Capital gains tax
Market value at the date you acquired or disposed of a property, including dates some years in the past. Where two dates are needed, such as acquisition and disposal, both can be valued in one report.
Stamp duty land tax
Market value where stamp duty land tax is calculated on value rather than the price paid, for example on transfers between connected parties. I provide the valuation only, not advice on the tax payable.
My background in business and finance, alongside over 39 years in the property market, helps here: tax valuations often turn on how the market stood at a particular date.
Valuation reports are usually issued within two to three working days of the inspection.