Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Capital Gains Manual

From
HM Revenue & Customs
Updated
, see all updates

Valuation: more than one interested person: purpose of regulations

The purpose of the regulations is to ensure that where

  • the market value of an asset on a particular date, or
  • an apportionment of any valuation or amount

affects the Capital Gains Tax liability of more than one person then for all of those persons

  • each has the opportunity to have a say in determining that market value or apportionment
  • the same market value or apportionment is used in each of their computations and
  • that market value or apportionment is determined as soon as possible.