102 Taxable value
Finance Act 2013 (2013 c 29) | Legislation

102  Taxable value

(1)     The taxable value of a single-dwelling interest on any day (“the relevant day”) is equal to its market value at the end of the latest day that—

(a)     falls on or before that day, and

(b)     is a valuation date in the case of that interest.

(2)     Each of the following is a valuation date in the case of any single-dwelling interest—

(a)     1 April 2012;

(b)     each 1 April falling 5 years, or a multiple of 5 years, after 1 April 2012.

[(2A)     But a day that is

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