Often, after disposal of property that is not the principal private residence, the Inland Revenue will require a formal written valuation to calculate any Capital Gains Tax due. Any gain in value made on a property, residential or commercial or held as an investment unless owner occupied, is subject to this Tax.
In addition, when it is intended to transfer the ownership of a share of a property or the entire property, a value has to be given in order to assess the amount of Stamp Duty to be paid to the Inland Revenue.
Levene Chartered Surveyors have many years experience in providing capital gains tax valuations in a format to satisfy the Inland Revenue/District Valuer.
Please give our friendly staff a call on 0208 977 6886 or use our contact page to find out more about our Capital Gains Tax Valuation Service.