Negotiations with HMRC

Tax authorities require companies and individuals to provide valuations of unquoted shares, goodwill, and other business assets in order to calculate liabilities for Capital Gains Tax, Income Tax or Inheritance Tax purposes. In order to provide a degree of certainty regarding the likely value, we provide taxpayers with an independent valuation report in a form suitable for submission to HM Revenue & Customs.

Occasionally the valuations provided by the taxpayer are considered unacceptable and will be referred to the Shares Valuation unit of HM Revenue & Customs who attempt to negotiate and agree the value with the taxpayer. We have extensive experience of the statutory framework and related case law involved in agreeing such fiscal valuations with Shares Valuation.

We always negotiate and agree those valuations which we have completed and submitted to HM Revenue & Customs. However, we do also advise clients regarding valuations completed and submitted to the Inland Revenue by third parties.

American Appraisal have considerable experience in preparing, negotiating and agreeing valuations that meet the requirements of HM Revenue & Customs. Our significant experience and expertise enables clients to maximise any potential tax savings, such savings usually far outweigh the cost of the valuation and negotiation.