We value commercial and residential property for the purpose of calculating tax owed to HMRC for a variety of reporting needs.
Acting for private individuals or businesses, our Chartered Surveyors determine the value of a site or building at the date of reporting for a variety of taxation purposes including; Capital gains tax, ATED, inheritance tax, stamp duty land tax, corporation tax and income tax.
We will provide a detailed, evidence based report, based on the statutory definition of market value that provides our opinion of the value for the property (ies) in question on the date required for reporting. Valuations for tax purposes often need to be reported for a specific, often historical date and our team is able to meet this need.
We assess all kinds of residential and commercial property including land, houses, bungalows, flats, including those of non-standard construction to provide our considered opinion of its value.
Our aim is to help you make sound financial decisions relating to property. A valuation conducted by a RICS registered valuer will ensure an accurate value of assets is provided to meet the demands of the valuation office agency on behalf of HMRC. It will also be conducted on the correct basis so as to provide evidence should the figure be challenged and will prevent you from incurring interest on additional tax payable or penalties.
We aim to turn reports around within five to seven days of inspection and you will be able to talk directly to the surveyor working on your behalf should you have any questions.
We cannot give you an exact quote without speaking to you as every property and taxation requirement is different. The professional fees payable will always reflect the particular requirements of your property and the time which it is anticipated will be devoted to the matter.
Desktop valuations, where an opinion of value is reached without an inspection of the property, are not RICS Red Book compliant and as such we don’t conduct them.
We do however conduct desktop valuation updates. These desktop valuation updates are only suitable if we have visited the property on your behalf before, no significant alterations have been made, or the time elapsed since the inspection was conducted isn’t too great.
Desktop valuation updates are commonly used when the validity of the original valuation has expired (usually after three months of valuation date) and a retype is requested to state that the original value is still correct and the market has not significantly changed.
Tax reporting should be completed in line with HMRCs tax reporting deadlines.
Kempton Carr Croft’s Surveyors regularly provide valuations for properties throughout London and the whole of the South East of England. The team works from offices in Basingstoke, Camberley, Gerrards Cross, Maidenhead, London, Reading, Staines and Windsor.
The customer service we receive from Kempton Carr Croft is great. Crucially, the experience you have with them is the same no matter who you deal with and they are responsive, professional and always provide reports on time.
The consistency in their approach is paramount for us, it means that we can be confident in the documentation they provide and there is no need to double check what they have done and it feels like KCC are part of our team.
The quality of the work Kempton Carr Croft produce is brilliant and when we collaborate with them, we feel protected, particularly because our offers are hinged on the work which they produce. Furthermore, the way they conducted themselves reflects on our customers and we can be sure that our business reputation is protected when we work with Kempton Carr Croft.