Share valuations
Who would find our share valuation service useful?
Fiscal valuations of shareholdings in unquoted companies are required in a variety of circumstances:
- to agree the tax position of a past event, such as: probate valuations for inheritance tax purposes, or; valuations following the disposal of shares to determine capital gains tax liabilities
- to enable the development and implementation of tax planning strategies
- to allow the purchase of shares (subject to the Articles of Association): by the company; between member of a family; by the managers, or by an external party
What we can offer our clients
The fiscal valuation of unquoted shares is more an art than a science.
A range of valuation models can be used from net asset valuations to those based on earnings or dividends. The most suitable model will depend not only on the industry in which the company operates, but also on the attitude of the shareholders.
The size of the shareholding is also important. This can help determine the valuation model to be used and also the size of the discount that can be sought.
An understanding of HM Revenue & Customs (HMRC) and the Share Valuation Division might approach the valuation from their side and what discounts they will be likely to accept is also key to any valuation.
In summary, Smith & Williamson combines:
- a technical and experienced approach in valuing shares, with
- a personal approach of understanding the requirements of the shareholders.
Who we work with
One of our strengths is the ability to draw on expertise and support from other departments within the company. Corporate finance, transaction services, assurance & business services and investment management can all provide help in different parts of the share valuation process.
Contact
If you would like some further information, please contact:
email: Nick Osler
tel: 020 7131 4257
