Stamp Duty & Capital Gains
A stamp duty valuation will be completed by JPV when ownership of property is transferred from one person to another, when the transaction has been made at a level not considered the fair market. Ownership transfer may include a family transaction or partial transaction, when ownership is held in ‘tenancy in common’. JVP works to ensure their high-quality reports are compliant with the Office of State Revenue when determining any stamp duty implications.
JPV uses expert valuers to undertake property valuations, in order to establish whether a capital gains tax is applicable to the property being valued.
The Australian Tax Office (ATO) sets out specific principals within the valuation report which JPV complies with, ensuring JPV reports are of high quality. JPV focuses on an easy and stress-free process when completing Capital Gains Valuation reports.