Capital Gains Tax Valuations

Though you might be an experienced person in the field of valuations, there are a number of situations where you certainly would need the help and assistance of good valuers. Whenever there is a mention of qualified and experienced valuers in Adelaide, there is little doubt that our name would certainly feature. We are a big name in this field and having doing business quite successfully in Adelaide and surrounding areas for the past many ears.

Whenever there is a sale or purchase of a property there is always an element of capital gains tax which needs to be taken into account. This is nothing but a tax payable on the profit made from the sale of a property which could be a few decades or even a century old. The rate at which the property is being sold minus the rate at which it was bought should ideally be the profit on which CGT is payable.

However, the tax authorities would not go by the declared original purchase price and sale price of the seller. Rather they would depend on the valuation of the property at different points in time as reported by a good third party valuer. It is here that we have a big role to play. We can make a big difference because of the following reasons:

• We have the right experience and expertise to calculate CGT however difficult and complex it may be.
• We have the right techniques at tools when it comes to backdated and retrospective valuation of properties.
• We have separate teams to handle such CGT related valuations given the complexities involved it.
• We also take into account the rules governing CGT. For example, when the property is rented out there is different measuring yardstick when compared to properties that are used for own residential purposes.

Hurry up; get connected to industry experts today! Call us at (08) 7009 4449 today and get in touch with one of our valuer and we will be happy to serve you. You can get your free quotes by writing to us at [email protected] Or simply fill in the details at Contact Us page and get a call from us.