Buying and selling of properties involves payment of tax. However, unlike tax calculation that is done on income generated from job or business, profit made from sale of properties comes under head Capital Gains Tax. Hence, each and every entity is required to pay CGT (Capital Gains Tax) on properties sold.
We are a highly reputed valuer based at Perth doing business in this part of the country for the past many years. We have many dozens of customers amongst whom quite a few of them have come to us for CGT valuation purposes. Whenever a property is ready to be sold, CGT is to be paid on the difference between the price at which the property was bought and the price at which it is being sold.
We perform the role of valuing such properties in Perth and surrounding areas. Valuations pertaining to CGT involve backdated valuations or retrospective valuations. This basically is about finding out the value of the property at the time when it was bought. Once this value is arrived, the sale value as appearing in the sale deed or sale agreement combined with the current valuation is taken into account. The difference is the profit on which CGT is payable. We are very much in demand for CGT valuations because of many reasons:
• We are very thorough with the current rules and regulations pertaining to CGT valuations.
• Since the numbers of such valuations are quite a few in numbers, we have a separate team to handle these CGT valuations.
• We understand the importance of timely submission of the valuations.
• While we offer the best quality of services our rates are quite reasonable and very competitive to say the least.
Get yourself associated with one of the most experienced and reliable valuers from West Coast Valuers, Call us today at (08) 9468 3290 and speak to one of ours valuers or email us the details at [email protected] and we will get back to you.