Your 30 June 2027 Business Valuation Preparation Checklist

Last reviewed: 17 September 2026.

Good preparation starts with a clear assignment and an organised evidence file. This checklist is for business owners, private company shareholders and their advisers considering a valuation connected with the 2027 CGT transition.

Use it to identify what you have, what needs clarification and who will supply the missing material. It is a preparation aid, not a statement that every business must obtain a valuation.

Download the 30 June 2027 preparation checklist

1. Confirm the tax question and valuation scope

Ask your accountant to identify the taxpayer, asset, acquisition history and relevant rules. Record whether the proposed assignment concerns a whole business, a specified shareholding or another business interest.

The relevant enacted provisions refer to market value just before 1 July 2027 and generally defer the deemed gain or loss until a later realisation. This is not a universal report-completion deadline. See the enacted CGT transition provisions and our overview article.

2. Assemble the ownership documents

• Company and trust structure chart, identifying the owner of each relevant interest.
• Share register, constitution and shareholder agreements.
• Details of share classes, options, transfer restrictions and changes in ownership.
• Acquisition and restructure records for your accountant to review.

Highlight inconsistencies between documents rather than choosing whichever version is easiest to find.

3. Prepare a consistent financial record

• Recent annual financial statements and tax returns, with prior years where useful to explain trading.
• Monthly management accounts and the financial position around 30 June 2027 when available.
• Debt, cash, shareholder loan and related-party balance schedules.
• Receivables, inventory and work-in-progress reports where relevant.

Explain material differences between management accounts and final accounts. Mark provisional figures clearly and retain the reconciliation once completed.

4. Document earnings adjustments

Prepare a schedule of owner remuneration, related-party transactions and unusual income or expenses. Give each item an amount, date, explanation and supporting record. Describe what work owners perform and the resources needed to replace it.

Our article on owner salaries and one-off expenses explains why adjustments need more than a label.

5. Save dated forecasts and commercial evidence

Keep budgets and forecasts in their original versions, showing preparation and approval dates. Add material customer and supplier contracts, lease commitments, order books and information about key staff or owner dependence.

Record significant events with dates: a customer departure, contract renewal, funding change or offer for the business. Include the terms and surrounding circumstances. A price without context may provide little useful evidence.

6. Separate the valuation date from the report date

Prepare records and agree the scope in advance. The final assessment of a historical date must address the circumstances relevant to that date. Keep later developments identifiable instead of overwriting earlier forecasts or management papers.

The ATO explains its expectations for evidence and valuation dates in its market valuation guidance. A report prepared later should disclose that fact and its historical valuation date. Do not backdate the report or source records.

7. Review available methods with your accountant

Treasury has published an alternative apportioning method as exposure draft material. Check its current status and potential application before settling on an approach. The official consultation page distinguishes the enacted first stage from the draft details.

Ask the valuer what information is essential, what remains uncertain and how those limitations would affect the report. Agree responsibilities and a sensible timetable for supplying the year-end information.

Bring the file together

Create a secure folder with a simple index, named document owners and a list of outstanding questions. Share access through an agreed secure channel. For a broader document list, see documents needed for a business valuation.

Visit our 30 June 2027 valuation service page or book a free 15-minute consultation to discuss the proposed scope with Evident.

General information only, current at the review date. Confirm the applicable tax rules and any concessions with your tax adviser. Draft measures may change.

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