Section 7 - Capital Gains Tax - Valuation Factors

Market Value

7.2 Date of Valuation

7.3 Reason for valuation as at 31 March 1982

7.4 Acquisition on Death

Condition of Property

7.6 Incomplete Building Work

Liabilities

7.8 Subsisting Charges Transferred (s.26)

7.9 Contingent Charges Transferred

7.10 Contingent Charges Not Transferred (s.49)

Valuations for Part Disposals

7.12 Physical Division of Original Unit

7.13 Other Part Disposals

Agricultural Tenancies

7.15 Sale and Leaseback Cases

7.16 "Old Hand" Cases

7.17 "Newcomer" Cases

Distinction Between Valuation Basis for CGT and Income Tax

Housing Associations and Similar Bodies

7.20 Approach to Valuation

7.21 Staircasing

7.22 Apportionment of value on housing stock transfer

Undivided Shares

7.23 Valuation Approach

7.24 Disposals by related co-owners

7.26 Size of discount

7.27 Partnership Property

7.28 Acquisition on inheritance

7.29 Ascertainment of acquisition cost

7.30 Connected party transfer of all shares

7.31 Application in Scotland

7.32-39 Reserved

7.41 Forms of Goodwill

7.42 Responsibility for the Valuation of Free Goodwill

7.43 Cases Referred Via SV

7.44 Valuations to be provided by the DV

7.45-49 Reserved

Milk and Potato Quotas

7.50 Milk Quotas

7.51 Potato Quota

Chose in Action

7.53-59 Reserved

Section 87 TCGA 1992 - Rental value for purposes of assessing CGT charge to beneficiary of a non-resident trust

7.60 Introduction

7.61 Basis of valuation

7.69-99 Reserved