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Zubayed.Rashid(Initiate)Initiate
1 Nov 2023

How frequently does a property need to be valued in smsf?

It's mandatory to do it every year, and what are the ATO rules regarding property valuation?

5,182 views
2 replies
5,182 views
2 replies

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MeganJM2(Newbie)Newbie
17 Dec 2024

Yes its every year, but why cant the ATO give us a safe harbour provision in regards to the yearly value- something like 30% more than the council valuation for year end valuations, with no safe harbour with regards to the valuation needed upon purchasing/selling to a related party. That way clients could choose not to pay for a valuation each year if they were willing to accept the safe harbour value!

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How frequently does a property need to be valued in smsf? | ATO Community