SVM116210 - Case Selection, Handling and Settlement: Practice – Review of Valuations over one year old

• Any valuation that rests on the issue of a discovery assessment should (except in goodwill cases) be referred to the Appeals Team to note via the Team Leader and AD.
  
  
• Any non-LBS valuation that reaches or is in imminent danger of reaching the stage of having been open for 18 months or more should be referred to the Appeals Team via the Team Leader and AD. The only exception to this is an express agreement from the AD that the case may stay in the hands of a particular valuer for the time being; and provided that a referral to the Appeals Team is made if a settlement cannot be reached after a short interval of time.
  
  
• Any valuation where the Inspector requests a valuation for a decision letter or where a decision letter has already been issued should be referred to the Appeals Team via the Team Leader and AD.
  
  
• Any valuation involving a Local Compliance Appeals Unit should be referred to the Appeals Team via the Team Leader and AD.
  
  
• Any valuation involving an avoidance scheme should be referred to the Appeals Team via the Team Leader and the AD.
  
  
• Any valuation where a taxpayer or agent requests a formal review under the new Tribunal rules should be shown to the Appeals Team at the earliest opportunity.