Stamp duty is that amount of tax/charges payable on when a transfer of ownership is taking place multiple or two parties. It is also required while transferring a property under a superannuation fund. Other instances when we need to pay stamp duty are when a property is transferred under a trust or other legal organizations.
Stamp duty amount payable is directly in relevance with the value of the property that is being transferred. Stamp duty evaluation report by Perth property valuers is one way of getting the right estimate of tax to be paid on the property. There are many things considered while making this report like physical attributes and also current market value. This report also contains the interpretation provided by experts along with few other sales evidences to substantiate the correctness of the value provided there. When you get a stamp duty valuation report done by Perth property valuers, you will receive a detailed report explaining all these.
Stamp duty is charged by local revenue authorities in accordance with the property value. This is the reason why it is important to get the property valuation done accurately by, property valuers Perth in order to get the stamp duty done with authenticity.
Why we need to get the stamp duty estimated accurately?
Paying stamp duty is an expensive task. If the estimates are not right, then chances are there that you might end up paying an amount which is not right. There are also chances that you will pay higher than what you actually are obliged to pay. Since it is a task that needs to be performed with an utmost transparency where they are able to explain how they arrived at a certain amount of tax as payable. To do all these, property valuers Perth has thoroughly experienced professional.