Sometimes you need a valuation for tax planning whether its for personal tax reasons or company asset purposes. An internal valuation can help you plan for the future and reduce the likelihood of a large tax bill.
Red Book Valuation Information and FAQs
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A Red Book valuation is undertaken by a RICS registered Chartered Surveyor.
The RICS red book contains rules and guidance to ensure that qualified valuers provide the highest standard of valuations..
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A Red Book valuation can only be carried out by a registered chartered surveyor valuer who is regulated by the Royal Institution of Chartered Surveyors.
A Red Book valuation is considered to be reliable and follows rigorous global standards. The specific advantage of a Red Book valuation is that it considers specific evidence to help support your goals and ultimately mitigate any tax payable.
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We will discuss with you on the phone some basic details about the reasons for the valuation including your objectives in the long term.
A fee proposal is then made followed by a site survey of the property. Evidence is then researched to collate appropriate evidence to support the valuation.
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We specialise in providing Red Book probate valuations in Surrey, Sussex, Hampshire, London and the South East but also cover the UK where multiple assets are owned.
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We cover all asset classes including residential, commercial, agricultural, equestrian and rural properties.
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There is no substitute to actually having thought and planned for the future so far as tax is concerned.
Through strategic planning off the back of a researched valuation, you can avoid some potentially tricky tax challenges.