Hope my title isn't misleading.
I received my letter from Revenue yesterday which put my property at the €350-400,000 band.
I know I can't rely on that etc...
My question is that having had my house valued for free by estate agents last July I have in writing a valuation that suggests an AMV of €475,000. However it also says market it at for sale at €525,000. - might achieve €500,000 plus.
The letter from Revenue is clearly not correct so I will ignore it. However should I put valuation at €450,000-€500,000 based om AMV or the next band up €500000plus?
I don't want to cheat system but nor do I want to pay too much tax.
Suggestions appreciated
I received my letter from Revenue yesterday which put my property at the €350-400,000 band.
I know I can't rely on that etc...
My question is that having had my house valued for free by estate agents last July I have in writing a valuation that suggests an AMV of €475,000. However it also says market it at for sale at €525,000. - might achieve €500,000 plus.
The letter from Revenue is clearly not correct so I will ignore it. However should I put valuation at €450,000-€500,000 based om AMV or the next band up €500000plus?
I don't want to cheat system but nor do I want to pay too much tax.
Suggestions appreciated