CGT valuation reports for Australian businesses.
Evidence-led valuation reports that identify the most supportable valuation position based on the available documents, accepted methodologies and the commercial tax context. Independent, senior-reviewed, prepared with ATO market valuation expectations in mind. From $1,495 + GST.
Why CGT valuations matter.
A CGT valuation establishes the market value of a business interest at a specific date. That value flows directly into cost base calculations, capital gain or loss calculations, related-party transaction pricing, and eligibility for small business CGT concessions.
Get the valuation wrong, or document it poorly, and the consequences land later — when the position is reviewed, queried, or relied upon in a transaction. Get the valuation right, and the position is defensible on its face.
Our work is to identify the most supportable position the evidence allows, document the methodology and reasoning, and produce a report that holds up in an accountant file, a lawyer file, or under review.
When a CGT market valuation is required.
A market valuation is generally required for CGT purposes where there is no arm’s length transaction, where related parties are involved, or where the ATO requires a substantiated value. Common examples:
- ·CGT events including the sale, transfer or deemed disposal of business interests
- ·Related-party transfers of shares or units between family members, trusts or related entities
- ·Restructures, rollovers and group reorganisations under Subdivisions 122-A, 124-G and 328-G
- ·Small business CGT concession eligibility (15-year exemption, 50% reduction, retirement exemption, rollover relief)
- ·Share buybacks and capital reductions where market value is required
- ·Estate planning, succession and probate matters involving private company interests
- ·Demerger and scrip-for-scrip rollover eligibility tests
- ·Deemed disposal events including changes in residency and trust resettlements
Your accountant or tax adviser will confirm whether a market valuation is required for your specific event. We do not provide tax advice — we provide the valuation evidence that informs it.
Why valuation is often a range — not a single obvious number.
Two qualified valuers, using accepted methodologies on the same business, can produce different supportable conclusions. This is not opinion. It is methodology selection, evidence weighting, and the commercial purpose of the engagement.
A business valued at one date, with one set of available documents, for one purpose, may sit at a different point on the supportable range than the same business valued at another date, with different evidence, for a different purpose. Both can be correct.
The role of the valuation specialist is to test the methodologies the evidence allows, identify the supportable range, and conclude at the position the methodology and facts best defend. That is the most supportable valuation position.
How we test multiple valuation methodologies.
Every engagement begins with methodology selection. We consider all accepted approaches, then apply the methods the evidence and purpose support.
Capitalisation of Maintainable Earnings
Profitable trading businesses with stable, normalised earnings.
EBITDA and revenue multiples
Benchmarking against comparable private and public transactions.
Net asset value (adjusted)
Asset-heavy entities, holding companies, or businesses where earnings do not reasonably support a higher value.
Discounted cash flow
Where reliable forecasts exist and projected cash flows differ materially from historical performance.
Comparable transactions
As a cross-check for the primary methodology where evidence is available.
Industry rule-of-thumb
As a sanity check only — never as a primary method.
How we identify the most supportable position.
Once the supportable range has been identified across tested methodologies, the question becomes which position within that range the evidence most strongly defends.
We assess: which methodology is most appropriate for the entity and purpose; which comparable evidence is strongest; which add-back adjustments are documented; which discounts and premia are applicable; which assumptions are most reasonable given the available facts.
Where the evidence allows a more favourable supportable position, we identify it and document why. Where the evidence requires a more conservative position, we say so. The position is always determined by the evidence — not by what would be commercially convenient.
What documents we need.
We tell you exactly what we need at intake. Typical documents for a CGT engagement:
Missing documents do not block the engagement — we work with what is reasonably available and clearly state any limitations in the report. Where information cannot be obtained, we adopt conservative assumptions and disclose them.
What the report includes.
Every Prismi CGT report is built to the same architecture, with depth scaled to the tier engaged.
- ·Executive summary with concluded valuation position and supportable range
- ·Purpose, scope, valuation date and intended use
- ·Basis of value (Market Value per IVS 104) and reliance statement
- ·Business overview and ownership structure
- ·Financial summary and normalisation schedule
- ·Methodologies considered, with reasoning for selection and rejection
- ·Valuation range across tested methodologies
- ·Sensitivity analysis on principal inputs
- ·Valuation Position Analysis — why the conclusion is the most supportable
- ·Key assumptions, limitations and rationale
- ·Independence statement and reviewer sign-off
- ·Working file retained 10 years
The valuation goes in the file. The risk does not stay with you.
You refer the client. We handle intake, document collection, analysis, dual or triple QA, and senior reviewer sign-off. You receive the report and the full evidence pack.
Your client receives 10% off the published fee. You retain your independence and your professional positioning — Prismi is the signatory, the working file is ours, and the file is yours to lodge.
Defensible valuation evidence for your file.
For estate, restructure, related-party, and shareholder matters where market value is required, we provide the evidence-led valuation that supports the position your client needs taken in the matter.
Reports are prepared to a standard suitable for accountant, lawyer and tax-adviser reliance. Working papers retained 10 years.
Where the evidence allows a more favourable supportable position, we identify it.
CGT valuations have commercial consequences. A higher supportable position may affect cost base and reduce capital gain. A lower supportable position may affect eligibility or transaction pricing. The right position depends on what the evidence supports — not on what is commercially convenient.
Our work is to test the methodologies, identify the supportable range, and conclude at the position the methodology and facts most strongly defend. Where the evidence allows a more favourable supportable position, we identify it and document why. Where the evidence requires a more conservative position, we say so.
That is the difference between an evidence-led valuation and a target-driven one. We only do the first.
CGT valuation FAQs.
When is a market valuation required for CGT?+
A market valuation is typically required when a CGT event occurs between related parties, when the transaction is not at arm's length, when the small business CGT concessions are claimed, or when the ATO requires it for cost base, market value substitution or restructure rollover purposes. Your accountant or tax adviser will confirm whether a valuation is required for your specific event.
What is the most supportable valuation position?+
A business has a range of defensible values depending on methodology, evidence weighting and the commercial purpose of the engagement. The most supportable valuation position is the position the methodology and facts best defend. Where the evidence allows a more favourable position, we identify it. Where the evidence requires a conservative position, we say so. The conclusion is always determined by what the evidence supports.
Can the valuation outcome be influenced by the client?+
No. Our fees are fixed at engagement. Our methodology and conclusions are independent. We will not adjust a conclusion to reach a target value. Where a client requests an outcome the evidence does not support, we will say so and decline the engagement on those terms.
Is a CGT valuation accepted by the ATO automatically?+
No valuation is "ATO-approved" — the ATO does not pre-approve valuations. Our reports are prepared with ATO market valuation expectations in mind, in accordance with the ATO's market valuation guidance and International Valuation Standards. We document the methodology and evidence so the position is supportable if reviewed.
How long does a CGT valuation take?+
Essential CGT valuations are typically delivered in 10–14 business days. Comprehensive reports take 15–25 business days. Defensible Valuation Files (for higher-value or complex matters) take 25–35 business days. Rush turnaround is available at +30% of the base fee, subject to capacity.
Can you handle retrospective CGT valuations?+
Yes. Retrospective valuations (where the valuation date is in the past) carry additional complexity because only information available at the valuation date can be relied upon. We accept retrospective engagements up to five years prior at this stage, with appropriate limitations stated in the report.
What if a higher valuation would be more commercially favourable for my CGT position?+
Where the evidence supports a more favourable position within the supportable range, we will identify it and explain the methodology that supports it. We will not, however, adopt a position the evidence does not support. The favourable position must be defensible — that is the entire point of an evidence-led valuation.
Ready to start your CGT valuation?
Fifteen-minute discovery call. We confirm the right tier, indicative fee and timing before you commit.
Talk to a valuer