Capital Gains Tax (CGT) is a tax you pay to the government when there is a capital gain or appreciation in the value of your asset.

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It is not a separate tax, it can be interpreted as part of your income tax. 

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When you trade an asset such as property or real estate, shares and managed fund investments, any capital gains achieved will become taxed. 

In other words, a capital gain or capital loss on an asset is the difference between the price you paid and what you receive when you dispose of it.​

You need a valuation for capital gains tax purposes because taxpayers who present to the ATO unapproved appraisals– or get advice from people without adequate qualifications – they risk incorrectly reporting their tax and may be liable to pay penalties.​

 

Unlike the big city firms, at Delphi Consultants & Valuers, we have ruled out large volumes of bank or mortgage work for the time being. We have instead, chosen to focus our efforts on private valuation work, one of which is Capital Gains Tax (CGT) valuations for your accountant, financial advisers and the Australian Tax Office.

 

Our clients benefits, because the additional time afforded to us translates to sustained accuracy resulting in industry leading, quality independent property/sworn CGT valuation advice .

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Talk to us about your valuation requirements. We are suitably qualified and can also liaise with your accountant to undertake current market valuations or a Retrospective Market Valuations for Capital Gains Tax purposes.