Capital Gains Tax Valuation
Taxes are an unavoidable part of life. For anyone involved in the buying or selling of property, there are a range of taxes attached.
Capital Gains Tax is the tax that must be paid on the profits from selling a property. Sellers pay precise taxation figures in accordance with the profit earned.
An independent capital gains tax valuation from a specialised property valuer can help guarantee accurate and timely taxation payments. A property valuation for capital gains tax serves as a crucial service for property sellers throughout Sydney.
A property valuation for tax purposes can be prepared as a current or retrospective report. Each one is written in line with International Valuation Standards (IVS).
Why get a tax valuation?
A valuation for taxation is useful in a few different circumstances. A few of the main reasons tax valuations are requested are:
- Capital gains tax
- Stamp duty tax
- Land tax
- Deceased estates
- SMSF
- Internal tax planning
Valuation reports are prepared from an entirely objective standpoint and there is no risk of internal bias or outside influence.
The reports can be used in a number of private, business or legal negotiations.
Frequently Asked Questions
How do I avoid capital gains tax on investment property?
For anyone who has made a profit by selling a property, capital gains tax is unavoidable.
How to calculate capital gains tax on sale of investment property?
The capital gains tax is based on the capital gained by the seller. This means that any profit made on the property is taxable.
Why choose us?
At Sydney Property Valuers Metro, we pride ourselves on being the best in the business. With decades of experience and a commitment to exceptional service, we guarantee prompt, precise and reliable valuation reports.
Every member of our team is a Certified Practising Valuer (CPV) accredited through the Australian Property Institute (API), and also holds AVI or RICS qualifications. Drawing on extensive industry experience, they are well-versed in delivering comprehensive and precise valuation reports.
For quick turnaround times with no compromise in quality, give us a call today. We promise to deliver on all of your valuation needs.