Valuations by purpose
Tax Valuations
Defensible RICS Red Book valuations for Capital Gains Tax, Inheritance Tax, ATED and HMRC negotiations across the UK.
Copping Joyce delivers RICS Red Book Global tax valuations that stand up to scrutiny from HMRC, the Valuation Office Agency (VOA) and Shares & Assets Valuation. Our chartered surveyors have advised on Capital Gains Tax, Inheritance Tax, ATED and Stamp Duty Land Tax matters for over a century, working with private clients, trustees, accountants and solicitors across England, Wales and Scotland.
Capital Gains Tax (CGT) valuations
We prepare CGT property valuations for the standard rebasing dates — 31 March 1982, 5 April 2015 (non-resident CGT) and 5 April 2019 (extension to commercial property held by non-residents). Each report sets out the methodology, comparable evidence and any assumptions clearly so it can be relied upon if HMRC opens an enquiry. We also handle share-of-freehold uplifts, leasehold extensions, and disposals of part interests where apportionment is required.
Inheritance Tax (IHT) valuations
Our IHT valuations support IHT400 submissions and lifetime transfers (Potentially Exempt Transfers and Chargeable Lifetime Transfers). Where assets sit within a trust or estate alongside business or agricultural property, we work closely with executors and tax advisers to evidence Business Property Relief and Agricultural Property Relief positions, and to value related-property interests under section 161 IHTA 1984.
ATED, SDLT and other property taxes
We provide ATED valuations on the five-yearly revaluation cycle (most recently 1 April 2022) for residential property held in corporate envelopes, plus market value evidence to support SDLT mitigation, Multiple Dwellings Relief claims and reasonable apportionments between residential and non-residential consideration.
HMRC negotiation and dispute support
When HMRC, the VOA or Shares & Assets Valuation challenge a return, we represent clients through correspondence, meetings and — where required — Tribunal proceedings. Our partners have given expert evidence in valuation disputes for more than 40 years and approach negotiation with the same evidence-led discipline we bring to lender work.
Who we work with
Who needs a tax valuation
Private clients and family offices
CGT and IHT planning around residential, mixed-use and investment portfolios.
Trustees and executors
Date-of-death valuations, life interest trusts and 10-year IHT charges.
Accountants and tax advisers
Independent Red Book reports to support filings and HMRC enquiries.
Solicitors
Apportionments for divorce, partnership dissolution and corporate restructures.
Corporates
ATED, group reorganisations and SDLT support.
Charities and pension funds
Statutory valuations and disposal evidence.
How it works
From instruction to signed report
- Step 1
Instruction
Initial brief, terms of engagement and conflict check — usually within one working day.
- Step 2
Inspection
Site inspection by a RICS Registered Valuer with full photographic and measurement record.
- Step 3
Analysis
Comparable evidence assembly, market analysis and methodology selection in line with RICS Red Book Global.
- Step 4
Reporting
Draft circulated for factual review, followed by signed final report typically within 7–14 days of inspection.
FAQ
Tax Valuations — frequently asked
What is a tax valuation?
A tax valuation is a Red Book report providing the market value of a property at a specific date for use in a tax return or HMRC enquiry — most commonly Capital Gains Tax, Inheritance Tax, ATED or Stamp Duty Land Tax.
What date should the valuation be at?
It depends on the tax. CGT typically uses 31 March 1982, 5 April 2015 or 5 April 2019 rebasing dates, or the date of disposal. IHT uses the date of death or the date of the lifetime transfer. ATED uses the 1 April five-yearly revaluation date. We confirm the correct effective date with you and your tax adviser before instruction.
Will HMRC accept your valuation?
Our reports are prepared by RICS Registered Valuers in line with the RICS Red Book Global Standards and are routinely accepted by HMRC, the Valuation Office Agency and Shares & Assets Valuation. Where HMRC raises queries we handle the negotiation on your behalf.
How much does a tax valuation cost?
Fees depend on the asset type, location and complexity. We provide fixed-fee quotes within one working day of instruction. Most single residential CGT valuations fall within a clear fixed-fee range; portfolio and mixed-use work is quoted bespoke.
How long does it take?
Most reports are delivered within 7–14 days of inspection. Urgent instructions can be turned around faster where a tax deadline applies.
Can you backdate a valuation?
Yes. Retrospective valuations are common for CGT (particularly 1982 rebasing) and historic IHT positions. We use contemporaneous comparable evidence rather than current market data to value to a historic date.
Do you cover the whole UK?
Yes, with offices in London, Cambridge, Manchester and Liverpool we cover England, Wales and Scotland. Inspections in remote areas are handled by our regional teams.
What if HMRC challenges the figure?
We represent clients through HMRC enquiries, including Shares & Assets Valuation correspondence, meetings and First-tier Tribunal (Tax) proceedings where required.
Talk to us
Instruct a tax valuation
Call 020 7749 1040 or email info@coppingjoyce.co.uk — fixed-fee quote within one working day.
Contact our valuersOther valuation purposes