Premier Chartered Surveyors London
Thursday 17th August 2017

Aston James Associates - Chartered Surveyors London

Capital Gains Tax Valuations Clapham

Capital Gains Tax Valuations Clapham

When it comes to maximising property value, nothing can match the experience and market knowledge of Aston James Associates capital gains tax valuations Clapham team.

 

Our team of qualified surveyors enables us to meet tight timescales and undertake valuations of substantial property portfolios. We can also help when complications arise with leasehold properties subject to short unexpired terms and in the cases of Capital Gains Tax valuations Clapham, where the property was not vacant at the date of valuation.
We provide a comprehensive valuation report with detailed descriptions, photographs and explanation of the methodology adopted. The report will help the Inland Revenue and the Valuation Office Agency to understand the rationale of our valuation and accept the figures reported. Where the Revenue disagree, we can enter into negotiations on your behalf to achieve the best outcome.

We specialise in Capital Gains Tax valuations Clapham

Capital Gains Tax Valuations Clapham

We have in-depth experience of:

  • London based portfolio / investment valuations
  • Loan security valuations
  • HHigh-value single dwellings
  • Development appraisals
  • Houses in multiple occupation (HMOs)
  • Student accommodation
  • The Private Rented Sector
  • Affordable housing

Capital Gains Tax: non-resident owners UK property

Previously non-residents did not have to pay Capital Gains Tax (CGT) when selling UK residential property. However, from 5 April 2015, CGT is payable by non-residents disposing of UK residential property on gains accrued after that date.

Our Residential Valuation team recommend that non-residents should have their properties revalued as at 5 April 2015 for use in future CGT calculations, as and when these become necessary.

The alternative would be to commission (following a disposal) a retrospective valuation (as at 5 April 2015), which may not arise for many years. Retrospective valuations are typically less robust than market valuations that were prepared contemporaneously (with associated notes and photographs) and, as a result, they may be less capable of withstanding challenge by Her Majesty’s Revenue & Customs (HMRC). They are also generally more expensive to hire as they require greater and retrospective research.

HMRC

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