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Old 06.03.2020, 09:23
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Re: UK CGT on property post 6/4/15. Valuation?

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As you may know since 6 April 2015 non residents have been liable to UK capital gains on property sales

The taxable amount is either the gain since 2015 or the total gain during ownership pro-rated between pre- and post-2015 periods of ownership, at the tax payers choice.

Does anyone know what valuation bases HMRC will accept. A chartered surveyor will charge 750gbp for a valuation, or I can put something together using rightmove value statistics for the postcode and property type...
Depending on the tax involved it's probably worth using a chartered surveyor, however a valuation is always an opinion rather than a fact. HMRC can query the valuation, if you think you have strong evidence then OK, however average Rightmove asking prices & Land registry sold prices are a long way apart, HMRC know this.
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