R A Valuation Services Limited	Logo

Valuation for Share Schemes

An independent share valuation is often a key step in the implementation of an employee share schemes for an unquoted company. Tax and other fiscal valuations in the UK are subject to special rules which have evolved out of a combination of case law and legislation.

There is a specialist department within HMRC that reviews and agrees share valuations. As the HMRC's resources are limited they are understandably reluctant to undertake valuations before an award is made (i.e. pre grant valuations), valuations provided by the company or its accountants are usually dismissed or challenged and therefore an independent valuation is typically required.

R A Valuation Services Limited specialises in providing goodwill valuations for a number of purposes, including Enterprise Management Incentive (EMI) schemes, for businesses in the UK. EMIs are tax advantaged share options designed to help businesses recruit and retain employees who have the skills to help them to grow and succeed.

Other reasons for a goodwill business valuation include business sale and purchase, partnership or shareholder change, litigation, matrimonial and legal separation, incorporation, tax settlements, borrowings and business development for businesses in the UK and internationally.

An accurate and independent assessment of the value of a business is an essential tool in any form of business change or development. Our Valuation reports are an important, if not vital, aid to business owners, prospective purchasers and their financial and legal advisers.


Valuation for Share Schemes


An expert business valuation supported by a professionally prepared Valuation Report from an independent and authoritative source is an essential aid for:

  • Acquisition and divestment negotiations
  • Management buy-out and management buy-in
  • Business sale and business purchase
  • Director, shareholder, partner change
  • Restructuring
  • Matrimonial / divorce settlements
  • Dispute resolution
  • Litigation
  • Tax planning (e.g. EMI schemes), tax agreements and tax disputes
  • Incorporation
  • Borrowing and funding
  • Business development
  • Strategic planning
  • Performance benchmarking and indicators
Valuation for Share Schemes


Valuation Reports produced by R A Valuation Services Ltd are bespoke and geared to each client’s individual circumstances and requirements; they are definitive and realistic in the market place. As we are recognised as expert witnesses for supplying Valuation Reports to UK courts and HMRC queries/challenges, we are acknowledged to be the authoritative business valuer by:

  • HMRC including:
  • Shares and Assets Valuations (SAV)
  • Valuation Office Agency (VOA)
  • UK Courts
  • Banks
  • Other lenders and financial intermediaries
  • Tax specialists
  • Accountants

R A Valuation Services' Valuation Reports are tailor-made for their purposes, definitive and realistic in the market place. Indeed, such is their authority that an R A Valuation Services' Valuation Report is normally insisted upon in support of negotiations.