Capital Gains Tax Valuation

Valuation

Capital Gains Tax Valuation

Understanding Capital Gains Tax (CGT) on property in the UK can be complex, with different rules for residents, non-residents, and property types. We’re here to help simplify it.

What is Capital Gains Tax?
CGT applies when you sell or dispose of a property that has increased in value. The tax is based on the profit (gain), not the sale price, with rates of 18% or 28% for residential property, depending on your income.

Why Do You Need a CGT Valuation?
A professional valuation ensures accurate CGT reporting to HMRC and prevents disputes. Our RICS-registered Chartered Surveyors assess your property’s value for various situations, including sales, gifting, trading, or receiving compensation.

How We Help
We provide detailed CGT valuation reports for HMRC or your accountant. If HMRC challenges your valuation, we can negotiate on your behalf. We also offer drive-by or desktop valuations if you’ve already sold the property, minimising disruption.

Since 1982, property gains have been subject to CGT, so getting a precise valuation is essential.

Capital Gains Tax Valuation

A Capital Gains Tax (CGT) valuation determines the market value of a property or asset to calculate taxable gains when it is sold or disposed of.

Ideal for

Ideal for property owners who need to calculate CGT accurately for HMRC, including sellers, investors, and those gifting or transferring assets.

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Key Features

RICS-Registered Chartered Surveyors
Ensuring accurate, professional valuations.

HMRC-Compliant Reports
Accepted for tax submissions and dispute resolution.

Market Value Assessments
Based on the property’s worth at the relevant date.

Retrospective & Current Valuations
Suitable for past and present transactions.

Negotiation Support
Assistance if HMRC’s District Valuer challenges your valuation.

Efficient Service
Offering drive-by and desktop valuations to minimise disruption.

Expert Advice
Helping you understand and meet your CGT obligations with confidence.

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Why Get A Property Valuation?

A property valuation is crucial for a range of situations, from selling your home and setting the right price, to leasehold extensions, matrimonial settlements, and probate purposes. Whether you’re looking to make informed decisions about buying, selling, or managing assets, an accurate valuation ensures you’re not overpaying or undervaluing your property. At Watsons, our experienced RICS-Qualified Surveyors offer professional, tailored valuations that provide clarity and peace of mind for

FAQs

A professional valuation ensures accuracy, prevents HMRC disputes, and provides an HMRC-compliant report for tax calculations.

Yes, we can determine the market value of a property at a past date, which is essential for historical CGT calculations.

If HMRC’s District Valuer disputes your valuation, our experts can negotiate on your behalf to support your case.

Yes, we offer both options to speed up the process and reduce disruption, depending on the property’s details and access requirements.

CGT is calculated based on the gain you make when selling or disposing of an asset. This gain is the difference between the property’s sale price and its purchase price, minus any allowable costs.

The condition of your property can impact its market value, so it will be factored into the CGT valuation. Improvements or damage may affect the estimated gain.

Yes, if you inherit a property, a CGT valuation is necessary to determine its value at the time of inheritance, as this will be the basis for calculating any future CGT if the property is sold.

Survey Services

An home survey will provide you with a clear understanding of the property’s condition.

Valuation Services

We provide a valuation service that gives our clients confidence they have the full picture.

Commercial Services

We offer a reliable and comprehensive service across all sectors of the commercial markets.

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PLEASE NOTE

Easter Opening Hours

Good Friday – Closed

Saturday – Open as normal

Sunday – Closed

Easter Monday – Closed

For out of hours contact/emergencies please see information below:

For Tenants/landlords – please call 01603 751555 and follow the instructions. This will provide you with an out of hours contact number, plus the number of an emergency plumber.

For Leaseholders – please call 01603 226500 and follow the prompts. Listed are numbers for various contractors, depending on the type of emergency. 

- From all of us at Watsons -
Have a Happy Easter!