Tax valuations do not operate in a strict rules and models based system, HMRC always say every case is judged on its own merit. This messaging is often diluted in complex share structures when valuers can overlook the ‘story’ and focus on the models leading to answers which do not make sense in the context of the company. It is important to not lose sight of subjective factors particular to each business in order to harmonise the ‘science’ with the ‘art’ of valuations and present this in a detailed report for both HMRC and any due diligence tax team.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Tax valuations do not operate in a strict rules and models based system, HMRC always say every case is judged on its own merit. This messaging is often diluted in complex share structures when valuers can overlook the ‘story’ and focus on the models leading to answers which do not make sense in the context of the company. It is important to not lose sight of subjective factors particular to each business in order to harmonise the ‘science’ with the ‘art’ of valuations and present this in a detailed report for both HMRC and any due diligence tax team.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: