Question :
Additional Info for Prescribed Value Method
Answer :
For household furnishings, apparatus, and appliances, the prescribed value in respect of these benefits is given in Appendix 2 - (b) Prescribed Value of Household Furnishing, Apparatus and Appliances [[1]]
For other benefits, the prescribed value is listed in Appendix 2 - (c) Prescribed Value of Other Benefits[[2]]
For those other benefits not listed, it should be valued based on the below formula: