[2024] UKUT 00301 (LC)

Case No: LC-2023-482

IN AN APPEAL AGAINST A DETERMINATION MADE BY

THE COMMISSIONERS OF HIS MAJESTY’S REVENUE AND CUSTOMS

(TC/2023/236)

Royal Courts of Justice

25 September 2024

TRIBUNALS, COURTS AND ENFORCEMENT ACT 2007

TAX – Comparables – post-valuation date evidence – adjustments for time, condition, and location – Savills Central London index preferred – value determined at £11,750,000 – s.98(8) Finance Act 2013.

BETWEEN:

CHIFLEY HOLDINGS LIMITED (BVI)

Appellant

-and-

THE COMMISSIONERS FOR HIS MAJESTY’S

REVENUE AND CUSTOMS

Respondent

RE: 12 Chester Square

London

SW1W 9HH

DECISION ON WRITTEN REPRESENTATIONS

PETER McCREA OBE FRICS FCIArb

© CROWN COPYRIGHT 2024

The following cases are referred to in this decision:

Allen v Leicester City Council [2013] UKUT 22 (LC)

Castlefield Property Limited v National Highways Limited [2023] UKUT 217 (LC)

Segama v Penny Le Roy [1984] 1 EGLR 109

Bishopsgate Parking (No.2) Limited v The Welsh Ministers [2012] UKUT 22 (LC)

Melwood Units Pty Limited v Commissioners of Main Roads [1979] AC 426

Meghnagi v London Borough of Hackney [2008] RVR 122

The Earl Cadogan v Faizapour and Stephenson [2010] UKUT 3 (LC)

The appeal of Sinclair Gardens Investments (Kensington) Limited [2017] UKUT 0494 (LC)