000			01738cam a2200265 4500
001			ABS65075
008			020205n2002 000 0 eng u
035			_a(Sirsi) u116606
245			_aNewman (HM Inspector of Taxes) v Hatt
260			_c2002
490			_aEstates Gazette _v [2002] 04 EG 175-182(8)
520			_a"Newman (HM Inspector of Taxes) v Hatt", LT 13 November 2001, discusses the valuation of a 50% share of a house. The respondent, Hatt (H) and his wife jointly owned a house which was sold for £90 000: H demanded a valuation of £42 000-£45 000, using auction sale prices and property advertisements, but the valuation officer gave it as £29 250, relying on transactions derived from information provided by the owners to the Inland Revenue stamp duty office. Only consent to view 3 transactions was given by H and the valuation officer only had general details of 14 others. He reached his valuation by deducting 25% from vacant possession price to make a tenanted value of £56 250, added £8 500 for any development and then deducted 10% from half of that figure to arrive at his valuation. The inspector (N) asked for guidance upon the application of the Finance Act 1989 s182(6)(d) to the disclosure of evidence held by the stamp duty office. Held. The market value of H's share in March 1982 was £29 250.
590			_aABS
650			_aCAPITAL GAINS TAX
650			_aValuation _96273
650			_aCOMPARABLES
650			_aTAXES
650			_aNEWMAN (INSPECTOR OF TAXES) V HATT
650			_aVACANT POSSESSION VALUE
650			_aTENANTED VALUE
650			_aCASE LAW
650			_aADMISSIBILITY
690			_aVALUATION AND INVESTMENT APPRAISAL-HOMEBUYER SURVEY AND VALUATION
942			_n0
999			_c69432 _d69432