IHTM18141 - Unlisted shares: ascertaining the value

(This text has been withheld because of exemptions in the Freedom of Information Act 2000)

Refer all other valuations of unlisted shares to Shares and Assets Valuation (SAV) on a form Val70 ( IHTM18151).

• SAV is the section of HMRC that deals with all aspects of the consideration and negotiation of unlisted share values.
• Their investigations and negotiations are conducted at their own numbered SAV files ( IHTM18142).

Apart from the advice on how to complete the different Val70 forms, the guidance regarding unlisted investments in this section of the manual relates to both death and non- death valuations.