IHTM37060 - Non- Land valuation cases: unlisted share valuation cases
Where a valuation of unlisted shares by Shares and Assets Valuation (SAV) has reached an impasse, the case may be progressed through the issuing of a Notice of Determination (NOD).
»Ê¹ÚÌåÓýapp impasse may be in relation to the value of the shareholding or the availability or extent of Business Property Relief.
»Ê¹ÚÌåÓýapp same instructions as for Land NODs apply
But in these cases, any hearing will be before the First-tier Tribunal (Tax) rather than the Lands Chamber of the Upper Tribunal.