Vals NSW provide certified valuation reports completed at a retrospective date for Capital Gains Tax, Stamp Duty, Separation, Compensation, Estate, and many more purposes.
What exactly is retrospective or back dated valuation?
A retrospective or back dated valuation is based on the market conditions at a certain point in time. The value of a property at a certain point in time is based on the market in the subject suburb, the condition of the property at that time, comparable sales in the area, the accommodation, and the zoning of the property.
We complete retrospective/back dated valuations for several reasons, with the most common reason for a retrospective valuation being for Capital Gains Tax calculation, however, we also complete retrospective valuations for unique reasons such as compensation or insurance purposes for when a property has acquired damage in the past.
When it comes to Capital Gains Tax calculation, we work hard to minimise all our clients’ tax liability as all valuers work within an acceptable value range and provide extensive evidence to support the value which can help to limit your Capital Gain Tax payable.
We can provide retrospective or back dated valuation reports for as far back as 1980 thanks to our huge database of properties valued over our years of service and our access to Australia’s largest property database linked directly to the Valuer General.
Vals NSW only employ Australian Property Institute registered valuers which complete retrospective valuations accepted by the ATO and Office of State Revenue. All our registered valuers have a minimum 20 years’ experience and produce the highest quality reports in an impressive turnaround time. Our reports are detailed and comprehensive and are in line with the Australian Property Institute standards.
We practice the highest level of customer service and produce accurate retrospective valuation reports. To speak to one of our friendly staff members, fill out the Online Enquiry Form or call us on (02) 8599 9899.
We won’t be beaten on price or service!