Valuations for the margin scheme

This fact sheet has been developed in consultation with the property and valuation industries to help you check that the property valuation you have received from a professional valuer is an approved valuation for GST margin scheme purposes.

Copies of this publication

You can download a printable version of Valuations for the margin scheme (NAT 73397, 317KB) in portable document format (PDF).

Terms we use

When we say:

• property, we are referring to the GST term real property including:
• a freehold interest in land
• a stratum unit
• a long term lease
• sale or sell, we are referring to the GST term supply
• purchase, we are referring to the GST term acquisition
• approved valuation, we mean an approved valuation for GST purposes when using the margin scheme
• payment (you make or receive), we are referring to the GST term consideration.