Independent valuations accepted by Revenue NSW for transfers between family members, spouses, trusts, companies and SMSFs.
Transfer duty in NSW is assessed on the greater of the consideration paid or the unencumbered market value of the property. When parties are not at arm's length, Revenue NSW may require an independent valuation to confirm market value.
Revenue NSW has the power to request a valuation where the dutiable value may exceed the stated consideration. Our reports are prepared specifically to satisfy these requirements, stating market value at the date of the dutiable transaction with full supporting evidence.
Where a contract price is below market value between related parties, Revenue NSW will assess duty on market value instead. An independent valuation obtained upfront avoids reassessment notices, interest and delays at settlement.
We work alongside your legal team with rapid inspection scheduling, clear reports addressed to the relevant parties, and turnaround designed around exchange and settlement deadlines.
ATO-compliant market valuations to establish or defend your CGT cost base.
FCFCOA rule compliant expert witness reports for property settlements.
Date-of-death valuations for executors and Supreme Court of NSW probate.
Speak with a Certified Practising Valuer today. Reports in 24–48 hours across Greater Sydney.
