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CGT Ready

CGT 2027 Readiness Checklist: Prepare for 1 July 2027

The 1 July 2027 CGT cost base reset is now law (Act No. 49 of 2026, assented 26 June 2026). The goal isn’t to rush — it’s to be prepared and defensible. Working through this checklist early gets your records and evidence in order while they’re easy to gather, so whichever path you choose is a calm decision, not a last-minute one.

Readiness checklist
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Tick each step you've done to see how CGT-ready you are.

General information, not tax advice — confirm with your accountant.

Notes on the steps
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  • Identify what’s affected. The reset applies to CGT-liable property held by individuals, trusts and partnerships. For post-September-1985 property, SMSFs and companies are outside the new CGT regime — set those aside so you’re not preparing evidence you don’t need.
  • Gather records now, not later. Contracts, settlement statements and improvement receipts are easiest to find while they’re recent. This is also the paperwork your accountant needs to advise on method.
  • Choose an evidence path — it’s a choice, not an obligation. A dated valuation is elective, but market value is the statutory default: unless you positively elect the Treasurer’s apportioning method, your new cost base is the market value itself. A signed valuation earns its keep when the formula would understate your real 1 July 2027 value, or when you simply want independently defensible evidence. See how the two compare at CGT cost base explained.
  • The date matters. A market value as at the end of 30 June 2027 can only be finalised from that date. You can prepare and reserve now; the dated report is produced from 1 July 2027 — see when to get your valuation.

Budget-friendly pricing
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Our value CGT option: on-site (full inspection) from $621 — a CGT cost base is a figure someone else will test, so that’s the level to use; desktop from $269 involves no inspection and suits lower-stakes purposes. Registering costs nothing today — deposit and refund terms will be published when payments open.

Prefer the premium, defensibility-first option instead? Reserve at CGT Valuation Ready.

Register interest
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No payment is taken — we reply with a fixed quote for your property. By submitting you agree to be contacted about your request.

We use your details to prepare your quote, and to arrange and deliver your valuation. If you engage us, we also create and keep a long-term record of the property's documents and condition as at 30 June 2027, so that you, your accountant, or a valuer you appoint can use it when the property is eventually sold. We keep property information after your personal details are removed, to improve our valuation reference data. We do not sell your personal information. Your details are handled by our email provider, Brevo, which stores data in the EU. See our Privacy Policy.

We use your details to prepare your valuation and to contact you about it. If you engage us, we also create and keep a long-term record of the property's documents and condition as at 30 June 2027, so that you, your accountant, or a valuer you appoint can use it when the property is eventually sold; and we keep property information after your personal details are removed, to improve our valuation reference data. See our privacy policy; you can ask us to delete your details at any time.

Related next steps#

Common questions
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What is the CGT 2027 readiness checklist?
A practical, do-this-now list to get ready for the 1 July 2027 CGT cost base reset — identifying affected properties, gathering records, choosing an evidence path and briefing your accountant. General information, not tax advice.
Who does the 1 July 2027 reset affect?
Mainly owners of CGT-liable property held as individuals, trusts or partnerships. SMSFs and companies sit outside it for property acquired on or after 20 September 1985 — but pre-CGT property is caught whoever holds it. Foreign and temporary residents remain liable on Australian property and lose the 50% discount without gaining the replacement indexation. Confirm your situation with your accountant.
Do I have to get a valuation?
No — a dated valuation is elective. You can instead use the Treasurer's free apportioning method. A signed valuation earns its keep when the formula would understate your real 1 July 2027 value or when you want independently defensible evidence. See valuation vs the apportioning method.
When can a "1 July 2027" valuation be finalised?
A market value as at the end of 30 June 2027 can only be finalised once that date has passed. You can prepare now — gather records and reserve your place — and have the dated report produced from 1 July 2027. See when to get your valuation.
Is the valuation ATO-approved?
No such status exists. A signed report is an independent, ATO-acceptable valuation by a qualified valuer.
How much does the value CGT option cost?
On-site (full inspection) from $621 — the level to use for a figure the ATO may test. Desktop from $269 involves no inspection and suits lower-stakes purposes.

General information only — not tax, financial or legal advice. Any indicative appraisal is automated and is not a certified or ATO-suitable valuation; the signed valuation is provided separately.