Is a red book valuation an "open market value"?
the Red Book, the RICS manual for valuers, the open market value ("OMV") is the best price obtainable in a transaction completed on the date of death.
Is this the correct definition please?
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Reply to Inheritance tax Open Market Vakueby NeelixA written valuation for probate from an estate agent or 2
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Channel: Tax Questions
07-08-2022, 12:54 PM -
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Channel: Tax Questions
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by KekdalHi Gurus,
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Channel: Tax Questions
03-08-2022, 09:53 AM -
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Reply to Stamp duty questionby KekdalThanks everyone I took professional advise from a qualified lawyer who confirmed that in my case I can't enjoy a lower rate. I kind of knew the answer but was clutching on straws
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Channel: Tax Questions
04-08-2022, 09:18 AM -
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04-08-2022, 05:44 AM -
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