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Share Valuation

Share Valuation

  • Author:
  • Publisher: Wolters Kluwer U.K. (formerly CCH)
  • ISBN: 9781847984081
  • Published In: December 2013
  • Format: Paperback
  • Jurisdiction: U.K. ? Disclaimer:
    Countri(es) stated herein are used as reference only
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  • Description 
  • Contents 
  • Details

    Share Valuation is a practical guide to valuing shares in unquoted companies for tax purposes. It aims to de-mystify the subject and give advice and guidance which will enable the reader to approach tax valuations with confidence.

    Appendices bring together historical data, in convenient form, relating to corporation tax rates, interest rates, model articles of association (as amended from time to time) with amendments, applicable since 1982.

    Author: Trevor Johnson FTII AITI ATT
    Foreword by: Jenny Nelder BA FCA FTII

    Key features & benefits

    • Identification of occasions where share valuations are required.
    • What needs to be valued and at what date.
    • The statutory fiction explained.
    • Discussion of the main factors affecting valuations.
    • The assets basis; theory and application.
    • The dividend basis; theory and application.
    • The earnings basis; theory and application.
    • Preparing the valuation and getting it agreed.
    • Historical information regarding corporation tax rates and interest rates from 1982.
    • Historical information on the Model articles of association which are likely to be encountered.
    • Notes on significant court decisions.
  • Section I
    Introduction
    Nature of a Share/Rights under Articles of Association
    Fair/Open Market/Owner Value

    Section II
    Assets
    Earnings
    Dividends
    Cash Flows
    Special Factors

    Section III
    Statutory Provisions
    Case Law
    Approaches for Majority Holdings
    Approaches for Minority Holdings
    Information Standard
    Special Purchaser
    31st March 1982
    Self Assessment
    Employment Related Securities
    Shares and Assets Valuation
    Discounts

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