Valuation of shares and assets
HMRC have issued a new information sheet entitled ‘Shares and Assets Valuations’)"SAV"). This leaflet provides background information on what the ‘Shares and Assets Valuations’ office deals with, answers common questions and provides contact details for HMRC’s Shares and Assets Valuations Office in Nottingham. (NB: This is no longer called ‘Shares Valuation Division’).
The SAV office deals with all enquiries and disputed negotiations in respect of the valuations of shares for taxation purposes. The office also deals with other valuations including copyrights, goodwill, bloodstock, livestock and underwriting interests.
The most common area for enquiries and negotiations concerns the valuing of unquoted shares; Valuations are required in many circumstances including acquisitions, disposals, issue of certain share options and transfers as a gift or upon death.
The SAV office can be contacted by phone on 0115 974 2222 from 9am to 5pm Monday to Friday.
The postal address for written enquiries is:
Shares and Assets Valuation
HMRC Charities Assets and Residence
Fitz Roy House
PO Box 46
Castle Meadow Road
Nottingham NG2 1BD