Signed business valuations for Perth companies, trusts and partnerships, from $1,495 + GST.
Fixed-fee valuations for CGT events, restructures, related-party transfers, WA transfer duty and shareholder exits. Prepared to the ATO's market valuation guidance, signed by the valuer and delivered in 2 business days for a small business.
In short
A signed business valuation report from Oliver Group is $1,495 + GST for a business with annual turnover under $2 million, with a draft in 2 business days; $2,495 + GST for turnover between $2 million and $10 million, with a draft in 3 business days; and $3,495 + GST for turnover over $10 million or a start-up, with the delivery date agreed before commencement. Delivery time starts once payment and all required information have been received.
Get a fixed fee.
Small Business Valuation
$1,495 + GST
For a business with annual turnover under $2 million. Signed and delivered in 2 business days. Delivery time starts once payment and all required information have been received. The fee is fixed in writing before we start and never tied to the outcome.
Larger business? Tell us in the form and we recommend the right package. All fees
Oliver Group prepares independent business valuations for Perth and Western Australian businesses and for the accountants and lawyers who advise them. Reports support CGT events, restructures, related-party transfers, share buybacks, small business CGT concession claims and shareholder exits. Every report is prepared to the ATO's market valuation guidance, signed by the valuer responsible for it and delivered in 2 business days for a small business at a fixed fee from $1,495 + GST. We are based in Melbourne and work with Perth clients remotely, which suits the time difference: documents and questions move overnight and calls are booked in WA business hours. Oliver Group is not a registered tax agent.
We value businesses, not real property. If you need land, premises or a dwelling valued, you need a certified practising valuer, which is not what we do. Where an engagement involves both, we value the business and separate the land component for a suitably qualified valuer.
State-specific considerations.
Western Australia still charges transfer duty on business assets. Under the Duties Act 2008 (WA), the goodwill, restraint of trade arrangements, business identity, business licences, uncompleted supply contracts and intellectual property of a business with a WA connection are dutiable, and landholder duty applies to acquiring a significant interest in an entity holding $2 million or more of WA land. RevenueWA can test the value declared, so the valuation carries more weight in a WA transfer than in most other states. We coordinate with the client's lawyer on the duties dimension and do not provide duty advice ourselves.
What actually differs in WA.
In WA the duty office may test your valuation, not only the ATO.
Most states removed duty on goodwill years ago. Western Australia did not, and RevenueWA publishes a Commissioner's practice on how WA business assets are to be valued for duties purposes. That changes the job. A related-party transfer of a Perth business, a restructure into a new company or a sale to a family member produces a dutiable value that the Commissioner can query, and a figure that looks low invites an assessment on the Commissioner's own valuation plus interest. We prepare the report knowing it may be read by RevenueWA as well as the ATO, which means the method is explained, the comparables are shown and the allocation between goodwill, plant, stock and any land is set out line by line rather than as a single number.
Mining services earnings are real, and they are cyclical.
A large share of Perth engineering, fabrication, labour hire, transport and maintenance businesses earn most of their revenue from a handful of iron ore, lithium, gold and gas operators. The revenue is genuine, the margins in a good year are excellent, and neither fact means the current profit is maintainable. We look at the length and terms of the master services agreements, the concentration of revenue by client and by site, what happened to the business in the last downturn and how much of the recent growth is price rather than volume. A multiple built for stable recurring revenue does not belong on a commodity-linked earnings stream, and the report explains which multiple was used and why.
Labour is the first normalisation adjustment in Perth.
Perth wage costs in trades, engineering and site services run well above the eastern states, and fly-in fly-out rosters, allowances and retention bonuses sit inside cost of sales in ways that are easy to miss. A business showing strong revenue growth with flat profit is usually reporting that squeeze. We restate owner remuneration to a market salary, check that family members on the payroll are paid for what they actually do, and separate one-off retention payments from the ongoing wage bill before the earnings are capitalised. The same discipline applies to workshop and yard rents, which vary widely between Kewdale, Welshpool and the outer industrial areas.
Land inside the group triggers landholder duty at $2 million.
Many Perth family groups own the workshop, the yard or the premises through the same company or trust as the trading business. When shares or units in that entity are acquired, landholder duty can apply if the entity holds $2 million or more of WA land, which at current values captures plenty of industrial property in Perth's eastern and southern corridors. The duty question is for your lawyer and RevenueWA, but it drives whether the deal is shares or assets, and that decides whether we are valuing the goodwill and plant, the shares of a landholding entity, or both. We ask about property at scoping so the report values the right thing the first time.
Family law matters in Perth: our dedicated family law practice.
Western Australia is the only state with its own Family Court, and property settlements involving a Perth business are heard there rather than in the federal courts. The Family Court of Western Australia, like the federal rules, prefers expert evidence on an issue to come from a single expert appointed jointly by the parties. For separation, mediation and family law proceedings, including single expert reports, we have a dedicated family law practice, Family Law Valuations, at familylawvaluation.com.au.
Small business CGT concessions and restructures need the same evidence as a sale.
Perth owners restructuring out of a sole trader or partnership into a company or trust, or claiming the small business CGT concessions on a sale, need a market value that the ATO can follow. The maximum net asset value test, the market value substitution rule and the small business restructure rollover all turn on a defensible figure at a specific date. We prepare those valuations on the same basis as a sale valuation, with the added care that in WA the same figure may also set the transfer duty. A valuation that serves the CGT position and the duty position at once is only possible when both are in view from the start.
Industries we commonly value in Perth.
- ·Mining services and contractors
- ·Engineering and fabrication
- ·Trades and construction
- ·Professional services firms
- ·Medical and dental practices
- ·Hospitality and tourism
Perth questions we get asked.
How much does a business valuation cost in Perth?
The same fixed fees as everywhere in Australia. Fees are set by the annual turnover of the business: a Small Business Valuation is $1,495 + GST for annual turnover under $2 million, a Medium Business Valuation is $2,495 + GST for turnover between $2 million and $10 million, and a Large Business Valuation is $3,495 + GST for turnover over $10 million. The fee is agreed in writing before work starts and does not change with the size of the answer.
Do you need to visit our Perth premises?
Usually not. Most engagements run on financial statements, tax returns, management accounts and a call with the owner, booked in WA business hours. Where the value sits in plant, a yard, stock or a specific site, we say so at scoping and arrange an inspection or a specialist for that component rather than work around it.
Is stamp duty payable when I sell or transfer a Perth business?
Often, yes. Western Australia still charges transfer duty on business assets such as goodwill, licences, restraint of trade arrangements and intellectual property where the business has a WA connection, and a concessional rate can apply to lower-value business assets. Landholder duty can apply to acquiring shares or units in an entity holding $2 million or more of WA land. Your lawyer or RevenueWA confirms the position. We value the business and do not advise on duty.
Will RevenueWA accept your valuation?
RevenueWA does not pre-approve valuations, any more than the ATO does. What it looks for is a documented method, evidence for each assumption and a clear allocation across the assets transferred, which is how every Oliver Group report is built. If the Commissioner queries the value, the working file is there to answer it.
Can you act as the single expert in a Family Court of Western Australia matter?
Yes, through our dedicated family law practice, Family Law Valuations (familylawvaluation.com.au). It prepares valuations for separation, mediation and family law proceedings, including single expert reports.
Do you cover Mandurah, Bunbury, Geraldton and the Pilbara?
Yes. WA engagements are managed remotely, so there is no travel loading for regional or remote Western Australia. Businesses in the Pilbara, Goldfields and South West are covered on our Western Australia page, and the fees and turnaround are the same.
- ·Duties fact sheet: business assets, RevenueWA, Department of Finance
- ·Commissioner's Practice TAA 22: valuation of WA business assets for duties purposes, RevenueWA, Department of Finance
- ·Landholder duty, RevenueWA, Department of Finance
- ·Family Court of Western Australia, Government of Western Australia
- ·Market valuation of assets, Australian Taxation Office
Talk to a valuer
Tell us what you need valued.
A fifteen-minute call confirms the package, the fixed fee and the delivery date, before you commit to anything.
0433 475 518Mon to Fri, 9am to 5:30pm AEST
Send the form and we reply within one business day. No documents needed to start.
Small Business Valuation
$1,495 + GST
For a business with annual turnover under $2 million. Signed and delivered in 2 business days. Delivery time starts once payment and all required information have been received. The fee is fixed in writing before we start and never tied to the outcome.
Larger business? Tell us in the form and we recommend the right package. All fees