Guidance on how to agree the value of shares with HMRC and how to get a Post Transaction Valuation Check, has been published.
Employers can ask the HMRC Shares and Assets Valuation (SAV) team to agree:
- the value of shares in an Enterprise Management Incentives (EMI) scheme, or Share Incentive Plan (SIP)
- your valuation of a Company Share Option Plan or Save As You Earn scheme.
The guidance gives details on how to get a valuation of each of the above share arrangements.
SAV are a specialist HMRC team that values assets for other parts of HMRC. The area of HMRC that deals with tax affairs may contact it to check if the value of assets declared is accurate.
SAV may be able to help if you’ve disposed of assets and need their valuations checked and you’re:
- an individual working out your Capital Gain liability
- a company working out your Corporation Tax liability.
This is called a Post Transaction Valuation Check. The guidance explains how to go about obtaining such a check.
