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Perth Capital Gains Tax Valuations

Perth Property Valuers Metro is the leading provider of capital gains tax valuations Perth. We have extensive experience across all property and valuation types. Our team of expert property valuers specialise in providing property valuations for tax purposes.

With over 20 years of experience behind them, our valuers can complete capital gains tax valuations that are accurate, comprehensive, and well-researched. Additionally, our valuers have expertise in providing retrospective property valuations, as is often needed when determining CGT liability.


What is capital gains tax?

Capital gains tax is a tax on profit made through a property. This increase in capital must be reported and is taxed accordingly. To correctly calculate the amount of profit or capital gain, an independent property valuation must be conducted by a certified property valuer. This is often required on multiple dates, current and retrospective.

Property valuations of CGT purposes are needed in situations where there has been an increase in capital due to the sale or transfer of a property, such as:

  • When an individual moves out of their primary place of residence to rent it out as an investment property
  • When an individual sells an investment property and must provide a retrospective report
  • When an individual moves into an investment property, turning it into a primary place of residence

How is CGT calculated?

An individual’s CGT liability is calculated by working out the amount of capital gain using the value of the property. This capital gain is then considered taxable income of the relevant financial year. When determining capital gain, our valuers will prepare a property valuation that assists with the calculation of your tax liability.

Choosing a licensed and experienced property valuer to undergo a retrospective or current date valuation will provide you with evidence-based figures to determine your CGT cost.


Capital Gains Tax Valuations Perth

Capital gains tax can be a significant expense which reduces the total profit made from an investment property.

Our valuers have the experience and qualifications to provide valuation reports that are accurate and detailed. By choosing an independent property valuer, you can be assured that you are provided with an objective property valuation report for CGT determination.

If you require a capital gains tax valuation, whether retrospective, current or both, please contact our team on (08) 9468 3202.