The Australian Tax Office (ATO) is of the view that SMSF / DIY Super funds should use market values for all valuation purposes.
All SMSF / DIY Super Funds are obligated to lodge an annual return with the ATO.
The ATO suggests that “the use of a valuer should be considered where the value of the asset represents a significant portion of the fund’s value or where the nature of the asset is likely to be difficult”.
At Mason’s we specialize in providing high quality valuations for real estate assets contained within SMSF / DIY Super Funds.
We are able to provide valuations of all residential, retail, commercial, industrial and investment properties across the Melbourne area and our services are charged an affordable price for our customers.
To find out more about how we can assist you with your property valuation requirements please contact us today.