Stamp Duty Valuation vs. Market Value Report: What’s the Difference?
Are a stamp duty valuation and a market value report the same? Not at all. A stamp duty valuation is a legally required, evidence-based report for tax purposes, essential for transfers between family or in off-market sales. In contrast, a market value report is a more general appraisal used for sales or lending. Using the wrong one can lead to costly delays and ATO penalties. This guide explains the key differences.
How to Reduce Stamp Duty Costs With an Independent Valuation
Stamp duty can be a major expense, but many property owners overpay. An independent property valuation can legally reduce your stamp duty costs. By establishing the true market value, particularly in off-market or related-party sales, a certified valuation ensures you don’t pay tax on an inflated price. This guide shows how strategic use of an API-accredited valuer can provide significant savings.