What property valuation services can HMRC officers provide under section 10 of the Commissioners for Revenue and Customs Act 2005?

Under section 10, HMRC officers may provide property valuations for HMRC's own purposes, at the request of any public authority, or for other persons where the valuation relates to the exercise of a public function or the management of publicly derived money or assets. The scope includes formal valuations and related advisory services.

Can HMRC charge fees for property valuations provided to public authorities under CRCA 2005 section 10?

Yes, the Commissioners may charge a fee for property valuations provided to public authorities or to other persons under these provisions. Where the valuation work is not for HMRC's own internal purposes, a charge can be levied to recover costs associated with providing the valuation service.

Does section 10 of CRCA 2005 limit HMRC's valuation role to formal property valuations only?

No, the section explicitly extends beyond formal valuations. Providing property valuations also includes advising on matters that an HMRC officer considers connected to property valuation. This ensures the full range of professional advice previously offered by the Valuation Office Agency is captured within HMRC's statutory powers.

How does section 10 preserve the work of the Valuation Office Agency within HMRC?

Section 10 enables HMRC to carry on the property valuation work previously undertaken by the Valuation Office Agency of the Inland Revenue. It provides the statutory framework allowing HMRC officers to perform valuations for tax purposes, for public authorities, and for others connected to public functions.

Commissioners for Revenue and Customs Act 2005 section 10

The Valuation Office

Section 10 sets out the powers of HMRC officers to provide property valuations and related advice, including for other public authorities, and to charge fees for those services.

HMRC officers may carry out property valuations for HMRC's own purposes, for public authorities on request, or for others where the valuation relates to a public function or the management of publicly derived assets
The Commissioners may charge fees for valuations provided to public authorities or other persons outside HMRC
The valuation function extends beyond formal valuations to include advice on matters connected to property valuation
This section preserves the work of the Valuation Office Agency, which previously operated under the Inland Revenue, within the HMRC framework

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