cgtcostbase.com.au explains one thing well: how an Australian property’s CGT cost base is worked out, and what the 1 July 2027 cost base reset does to it. The mechanics, the five cost base elements, the records to keep and worked examples are all here, written for owners and their accountants rather than for other tax professionals.
Who runs it#
This site is operated by Valuation Ready (ABN 65 397 914 685), an Australian property-valuation service that also operates valuationready.com.au and the sister sites named in the footer of every page. One operator, several doors: each site is written for one audience and one question, and all of them lead to the same service.
How a valuation is produced#
Valuation Ready is building a national panel of independent qualified valuers so that a signed valuation can be arranged for a property in any state or territory through a valuer licensed there. Each report is prepared and signed by the valuer, who is responsible for the opinion of value. The valuer’s fee is for preparing the report and is not tied to the figure reached, so there is no incentive to arrive at a higher or lower number.
Independence and standards#
A signed valuation gives you a documented market-value figure with an evidence trail: the comparable sales, the method, and the valuer’s signature and date. Reports are prepared to an ATO-acceptable standard for market-value evidence. There is no such thing as an “ATO-approved” valuation, and you will not read that phrase here.
What we do not do#
This site provides general information and service intake. It is not tax, legal or financial advice. Ask a registered tax professional or licensed adviser how a valuation applies to your circumstances. A valuation dated 1 July 2027 is one way to evidence your reset cost base; the Treasurer’s apportioning formula is the other, and the mechanics section explains both without pretending one is compulsory.
Talk to us#
Questions about the content or the service go through the contact page.