A fiscal valuation (a fiscal valuation refers to a valuation for tax purposes) will be required for company owners, directors and key employees where companies choose to introduce any of the following:
- Share Allotments to Employees
- Enterprise Management Incentives (EMI) share schemes
- Other approved and unapproved share option schemes
- ESOP trusts
- Phantom Share Schemes
We can help you to consider the pros and cons of various valuation options, advise you upon the impact that certain employee restrictions/rights (especially rights relating to departing employees) will have upon the likely value and advise you on the possible view that HM Revenue & Customs will take on the subject of valuation.
We will prepare the case to be presented to HM Revenue & Customs for the preferred/chosen valuation, negotiate the valuation with HM Revenue & Customs (Shares and Asset Valuation office) and work with you to secure the best possible compromise. We can also advise you on the difference between ‘restricted’ and ‘unrestricted market value’