CG77001 | Valuation: post transaction valuation checks

TCGA92/S272

Referrals to Shares and Assets Valuation

You may receive a request to check a valuation of a chattel, see Post Transaction Valuation Checks guidance (GOV.UK).

While any valuation can be checked, you may accept those which appear reasonable and which do not exceed:

• £10,000 per item (or set) for any of the assets to be referred to SAV Chattels listed in CG77000

• £25,000 per item (or set) for any of the other assets (other than animals) listed in CG77000.

Referrals to Valuation Office

If you are dealing with a case involving fixed plant or machinery which has been disposed of with land, see the guidance at CG74000+ and, if appropriate, refer the valuation to the Valuation Office.

If you are dealing with a case involving moveable plant or machinery (which is not within CG77000), then you may accept any valuation which is supported by a professional valuation. Other cases can be referred to the Plant and Machinery Valuer, the Valuation Office.