Changes to post transaction valuation checks
HMRC have issued updated details for requesting post transaction valuation checks (PTVC). A PTVC is a service provided by the Shares and Asset Valuation (SAV) division of HMRC.
The SAV can check the value of unquoted shares and goodwill in the following circumstances:
- Following a disposal subject to capital gains tax
- Prior to completion of a self assessment return
A PTVC can be applied for by completing form CG34. Individuals, partnerships and personal representatives should send the completed form to:
The Capital Gains Team (Individuals & Public Bodies)
Ty Glas Road
Taxpayers who deal directly with the High Net Worth Units, Trust Offices or Public Department 1 of HMRC should send the completed CG34 form to their local office.