Capital Gains Tax Property Valuers
Vals TAS valuers are specialised in providing accurate and reliable property valuations for capital gains tax purposes. Each of our valuers has extensive experience regarding all property types and complete the valuation reports to suit the clients requirements, whether for personal or formal use. Vals TAS deliver valuation reports which are legally certified and comply with the Australian Tax office (ATO) standards, including valuations for capital gains tax purposes.
What is capital gains tax (CGT)?
Capital gains tax is the tax which will be paid on the profits from selling a property. The amount must be reported to the ATO and must be tax accordingly and correctly. An independent property valuation must be carried out by a specialised valuer to accurately and correctly calculate the amount of capital gain. This property valuation can be current or retrospective.
When determining the correct capital gain, our expert valuers will conduct a property valuation that assists with the correct calculation of your tax liability. Capital gains tax can be a significant expense which some clients were not prepared for, to ensure the correct amount if being paid it is imperative to have an independent valuer determine the correct amount.
ATO compliant property valuations
To ensure that the accurate value of capital gains tax is being paid, the property valuations must adhere to the ATO standards. Here at Vals TAS, each of our valuers possess over 20 years of extensive experience within the property industry. Our valuation reports are reliable, detailed and ATO compliant. We can guarantee that you will be provided with a clear and concise valuation report which is delivered in a timely manner, as we know needing a valuation for this purpose can be time sensitive.
If you require a property valuation for the purpose of capital gains tax, or would like to find out more information on how we can help you, call out team of experts today on (03) 6108 2178. Alternatively, complete one of our online enquiry forms and a member of the team will get back to you shortly.