RICS REDBOOK CAPITAL GAINS TAX VALUATIONS

Navigating the complexities of Capital Gains Tax (CGT) can be challenging, particularly when a property has been owned for many years. Our expert valuations provide you with the professional support needed to ensure you meet your tax obligations with confidence and accuracy.

Your Trusted Valuer

Peter Ellicock, an experienced RICS Registered Valuer, can undertake detailed Capital Gains Tax valuations for residential homes across the South West. He provides an accurate and defensible valuation to ensure you are supplying the correct representation to HMRC.

The Importance of an Expert Valuation

When you dispose of a property (via sale or transfer) that was acquired before April 1, 1982, and disposed of after April 5, 1988, a Capital Gains Tax liability may arise. The taxable gain is typically calculated as the difference between the property's market value on March 31, 1982, and its value on the disposal date. This is especially critical for a non-primary residence or a gifted property, as an incorrect valuation could lead to unforeseen tax liabilities.

Our valuations adhere to the RICS Valuation Standards, also known as the "Red Book," which is the gold standard for property valuations. This recognised standard minimises the risk of HMRC challenging your Capital Gains Tax submission, providing you with peace of mind.



To support his valuations, Peter ensures comprehensive evidence is gathered, along with a descriptive rationale, to ensure a credible and confident valuation for both you and HMRC.