CG16607 - Valuation: post transaction valuation checks: action on receipt

The service we are providing to taxpayers is to check the accuracy of the valuations they intend to use in their Returns. Agreeing the valuation, or referring the valuation to specialist valuers for agreement, does not imply that we agree the computation in which the valuation is used. Before the Return is filed you may not have the time to review the form of the computation, nor is there the machinery to litigate any disagreement. So you may not wish to review the computation submitted in detail or raise any enquiries.

If time permits, there is no harm in pointing out any obvious errors in the computation that affect the valuation. Your aim should be to avoid wasting the valuer's time in dealing with any obviously unnecessary valuations.