A valve seat for a valve is disclosed, the valve seat facilitating cutting of a body located within the seat. The valve seat includes a sealing surface for sealing with a valve member and an annular cutting component having a plurality of cutting teeth. The cutting teeth are circumferentially spaced and each defines an elongate crest. A valve is disclosed having a housing with a bore), a valve member and the valve seat. The valve seat is arranged within the housing in communication with the housing bore. The valve member is movable relative to the housing between an open position and a closed position.