Do you need to revalue your property in your company? What are the accounts implications?

[@riczee]

Thank you. What about when you remortgage with a higher property value?

[@kimberleyshapcottpropertytax]

There is no requirement to increase the value in your accounts however this will depend on the accounting policy that you have chosen. if it is a revaluation approach you will show based on the remortgage. if it is based on the cost option then the mortgage value will be irrelevant for the accounts position.

[@riczee]

@@kimberleyshapcottpropertytax Thank you