Capital Gains Tax Property Valuation Canberra: What You Need to Know
Capital gains tax (CGT) is calculated based on the difference between the purchase price and the eventual sale value of a property. However, in many cases—particularly with inherited assets, long-term holdings or changes in use—the original cost base is unclear or no longer relevant. This is where a formal valuation becomes essential. Using estimates or outdated figures for tax purposes is a mistake. If the valuation is inaccurate, you risk overpaying tax or triggering disputes with the ATO. A properly









