Land: valuation: CG 20: valuations required
The date at which each valuation is required must be stated in this section.
The taxpayer’s interest is the interest in the property AT THE DATE OF VALUATION and not at some other date, for example, the date of disposal (if different).
You should specify whether the interest to be valued is the entirety or an undivided share. If an undivided share state the appropriate fraction.
For example, if the property is sold freehold unencumbered by a lease, and you require a 31 March 1982 valuation and at that date the freehold interest was subject to a lease the interest to be valued at 31 March 1982 will be ‘freehold subject to a lease’.
The taxpayers valuation is to be stated even if you are enclosing the Capital Gains Tax computation containing that valuation.