BIM60120 - Land: Trading transactions: Acquisition and disposal of superior interest: Advice of District Valuer



The amount of the Case I liability will be determined, in part by the market value of the tenancy.

It is therefore essential to get an idea of that value and the consequent tax effect before becoming enmeshed in a technical argument.

The District Valuer's assistance should be sought at an early stage, following the instructions at BIM51560 onwards.

Only potentially cost effective cases should be taken up.