Practical Share Valuation

DIVISION A MAIN NARRATIVE
Chapter 1 Introduction
PART 1 CASE LAW
Chapter 2 General principles
Chapter 3 Open market value
Chapter 4 Fair value
Chapter 5 Relevant factors
Chapter 6 The required yield
Chapter 7 Asset-related valuations
Chapter 8 The foreign influence
PART 2 STATUTE LAW
Chapter 9 Capital gains tax and corporation tax on chargeable gains, stamp duty and income tax
Chapter 10 Inheritance tax
PART 3 VALUATION IN PRACTICE
Chapter 11 Valuation approaches
Chapter 12 Other methods of valuation
Chapter 13 The influence of the London Stock Exchange
Chapter 14 The real market for shares and valuation for specific purposes
Chapter 15 Published data
Chapter 16 Unpublished information and company records
Chapter 17 Valuation of intellectual property and other intangibles
Chapter 18 HMRC Shares and Assets Valuation
Chapter 19 Valuation reports
Chapter 20 Fair value for financial reporting purposes
Chapter 21 Accounting for goodwill and intangible assets arising on an acquisition
Chapter 22 Accounting for equity awards to employees
Chapter 23 Valuation in matrimonial proceedings
DIVISION B VALUATION EXAMPLES
Example 1 Mock valuation report in Re Lynall, Lynall v IRC
Example 2 Mock valuation report in Re Holt
Example 3 Sparkco Ltd â" fair value
Example 4 Diplodocus Ltd â" valuation of deferred shares at 13 April 2014
Example 5 Salamander Marketing Consultants Ltd â" valuation of shares for tax purposes
Example 6 Motorco â" valuation of goodwill on incorporation
Example 7 Logo Properties Limited â" valuation of shares in a property company for IHT purposes
Example 8 Lavender Systems Limited â" EMI valuation
DIVISION C APPENDICES
Appendix A Financial Times/Stock Exchange Actuaries Share Indices
Appendix B Financial Times Actuaries Equity Indices (at 31 March 1982)
Appendix C Financial Times Actuaries Share Indices and their constituents (for 31 March 1982 valuations)
Appendix D Relevant estate duty and other obsolete legislation
Appendix E RICS Valuation â" Global Standards: VPGA 3, VPGA 4, VPGA 6, VPGA 7 and VPGA 10 (1 July 2017)
Appendix F International Valuation Standards 2017, IPEV Guidelines (Appendix 1) and IVS 105
Appendix G Practice Note: Apportioning the Price Paid for a Business Transferred as a Going Concern
Appendix H Civil Procedure Rules, Part 35 (Experts and Assessors), Practice Direction 35 and Factsheet 53
Appendix I Parryâs Valuation Tables â" Present value of one pound
Appendix J Parryâs Valuation Tables â" Yearsâ purchase or present value of one pound
Appendix K Summary of main relevant taxation Acts since 2014 that might affect a valuation
Appendix L Useful websites