Signed business valuations for Hobart, Launceston and Tasmanian businesses, from $1,495 + GST.
Fixed-fee valuations for Hobart, Launceston, Devonport and North-West Coast businesses. CGT events, restructures, related-party transfers and business sales, prepared to the ATO's market valuation guidance 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 Hobart, Launceston and Tasmanian 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, business sales and shareholder exits. Every report is prepared to the ATO's market valuation guidance and signed by the valuer responsible for it, at a fixed fee from $1,495 + GST. A small-business report is delivered in 2 business days and a medium-business report in 3 business days. Delivery time starts once payment and all required information have been received. Engagements run remotely, so a business in Devonport or Burnie gets the same process and delivery as one in Hobart. 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.
Does Tasmania charge duty on the sale or transfer of a business? Related-party transfers of shares in Tasmanian entities can attract duty under the Duties Act 2001 (Tas), administered by the State Revenue Office of Tasmania; since 6 December 2016 the landholder provisions in Chapter 3 of that Act have applied to any company or unit trust scheme whose Tasmanian land holdings (aggregated with linked entities) have an unencumbered value of $500,000 or more, with duty triggered on acquisition of a significant interest, generally 50% or more for a private landholder. Where a transaction may engage these provisions, we coordinate with the client's lawyer or conveyancer on the duty assessment; Oliver Group does not provide stamp duty, tax or legal advice, and the position under the Duties Act 2001 (Tas) should always be confirmed directly with the client's adviser or the State Revenue Office of Tasmania against the current legislation. What valuation standard does a Tasmanian business valuation follow? How much does a business valuation cost in Tasmania, and how long does it take? Do I need a Hobart-based valuer for a Tasmanian business? No: Tasmania has comparatively few resident specialist business valuers outside Hobart, which leaves owners and advisers in Launceston, Devonport, Burnie and the wider North-West Coast reliant on interstate firms or generalist local practitioners for matters that call for an independent, methodology-led report; we work with Tasmanian clients entirely remotely, so location is not a constraint on the standard of evidence. What industries does Oliver Group commonly value in Tasmania? Tasmania's economy is shaped by tourism operators, agribusiness, aquaculture and premium food and beverage producers, sectors where goodwill is often tied to a specific operator, lease, licence or supply relationship rather than to the underlying land, and where seasonality and export exposure both affect the earnings base used in a valuation. Our approach is calibrated for these characteristics, whether the engagement concerns a Cradle Coast dairy or seafood business, a Tamar Valley or East Coast tourism operator, or a Hobart-based professional services or hospitality practice.
What actually differs in TAS.
Tasmania charges no duty on goodwill, but goods can be caught with land.
Since 2008 Tasmania has not charged duty on non-land business assets, so goodwill, intellectual property and plant generally transfer without duty. The trap is that goods transferred as part of an arrangement that includes land or a commercial lease can become dutiable with it. A Hobart hospitality or retail sale that bundles the lease, the fit-out and the goodwill in one agreement needs the components separated and valued on their own footing, which is how we set the report out. The duty position itself is a question for the client's lawyer or the State Revenue Office of Tasmania.
Landholder duty starts at $500,000 of Tasmanian land, which is a low bar.
The landholder provisions in the Duties Act 2001 (Tas) apply to a company or unit trust holding $500,000 or more of Tasmanian land, which at current Hobart values captures most businesses that own their own premises. Acquiring a significant interest in that entity, generally 50 per cent or more of a private landholder, can attract duty on the underlying land. Where shares or units are changing hands in a family group, we isolate the land value explicitly so the duty question can be answered from the report rather than argued over later.
Hobart's tourism and hospitality earnings need a full cycle, not a good year.
Hobart's visitor economy, from Salamanca and the waterfront to the museum-driven inflow and cruise season, produces pronounced seasonality and has had some exceptional years. A valuation that capitalises a peak year overstates the business. We normalise across several seasons, read forward bookings and fixed cost cover through winter, and treat rent, which has risen sharply in central Hobart, as a market cost rather than whatever the historical lease happened to say.
Agribusiness, aquaculture and food production carry biological and licence assets.
Launceston, the North-West Coast and the Huon and Derwent valleys support businesses whose value sits in water rights, aquaculture leases, quota, orchards and processing plant as much as in goodwill. Those assets are valued on their own basis and separated from the trading business, and licence and lease terms are read for renewal risk. Where a specialist rural or plant valuer is needed for a component, we say so at scoping and coordinate rather than approximate.
Partner exits and family law matters in a small market.
In a market the size of Tasmania's, professional practices and trades businesses often depend on one or two principals, so the split between personal and transferable goodwill is usually the decisive question in a partner exit, and the report addresses it directly. For separation, mediation and family law proceedings, including single expert reports for the Federal Circuit and Family Court of Australia, which sits in Hobart, we have a dedicated family law practice, Family Law Valuations, at familylawvaluation.com.au.
Industries we commonly value in Tasmania.
- ·Tourism and hospitality operators
- ·Agribusiness and food production
- ·Aquaculture and seafood processing
- ·Trades and construction
- ·Professional services firms
Tasmania questions we get asked.
How much does a business valuation cost in Tasmania?
The fee is set by the annual turnover of the business: $1,495 + GST under $2 million, $2,495 + GST from $2 million to $10 million, and $3,495 + GST over $10 million.
How long does a business valuation take in Tasmania?
A small-business report is delivered in 2 business days and a medium-business report in 3 business days. Delivery time starts once payment and all required information have been received; for a large business the delivery date is agreed before work begins.
Is stamp duty payable when I sell a Hobart or Tasmanian business?
Not on goodwill or other non-land business assets on their own. Tasmania removed duty on those in 2008. Duty still applies to land, and goods transferred as part of an arrangement that includes land or a commercial lease can be caught with it, so the structure of the sale agreement matters. Your lawyer or the State Revenue Office of Tasmania confirms the position. We value the business and do not advise on duty.
Do I need a Hobart-based valuer for a Tasmanian business?
No. Oliver Group's engagements are delivered remotely nationwide, so a business in Launceston, Devonport, Burnie or the North-West Coast receives the same process, fee and turnaround as one in Hobart, with no requirement to attend an office. Where the value sits in plant, stock or a specific site, we arrange an inspection or a specialist for that component.
Who is qualified to prepare a business valuation in Tasmania?
A business valuation prepared for tax or legal purposes should be produced by a suitably qualified, independent valuer applying a recognised methodology, with the process documented so it can be reviewed against the ATO's market valuation guidance. The ATO does not prescribe a credential and does not pre-approve valuers or reports. What matters is the evidence behind each assumption and a valuer whose independence is evident.
Does transferring shares in a Tasmanian business attract duty?
It can: under the Duties Act 2001 (Tas), landholder provisions apply to a company or unit trust scheme whose Tasmanian land holdings are valued at $500,000 or more, with duty triggered on acquisition of a significant interest, generally 50% or more for a private landholder; this is a question for the client's lawyer or the State Revenue Office of Tasmania, not the valuation report.
- ·Sales of business, State Revenue Office Tasmania
- ·Landholder provisions, State Revenue Office Tasmania
- ·Federal Circuit and Family Court of Australia (Family Law) Rules 2021, Part 7.1, Federal Register of Legislation
- ·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