Evidence-led business valuations for tax purposes.
We don’t produce a single number. We identify the most supportable valuation position the evidence allows — tested across multiple accepted methodologies, signed by senior reviewers.
Four pillars of an ATO-aligned valuation file.
- 0115-min discovery call to scope the engagement
- 02Indicative fee and timing confirmed in writing
- 03Engagement letter and document upload portal
- 04Senior reviewer signed report + evidence pack
Methodology
Multiple accepted methodologies tested before concluding — capitalisation of maintainable earnings, market multiples, net asset value, DCF where appropriate.
Evidence
Every input traceable. Documents, comparable transactions, normalisation analysis and working papers retained for ten years from the engagement date.
Reasoning
The Valuation Position Analysis section explains why the conclusion is the most supportable position within the range the evidence allows.
Independence
Every report carries the named signature, qualifications and independence declaration of an accredited senior reviewer. Fees fixed at engagement.
The valuation engagement, end to end.
Every engagement follows the same six-stage framework, scaled to the tier. The work is the framework. The conclusion is what the work supports.
Discovery
Fifteen-minute call to confirm engagement type, complexity, tier and indicative fee.
Information Review
Documents collected, completeness checked, gaps identified and addressed.
Financial Normalisation
Maintainable earnings established. Add-backs documented with supporting evidence.
Method Selection
Multiple accepted methodologies tested. Supportable range identified across methods.
Evidence Pack
Comparables, sensitivity analysis and valuation position analysis documented in full.
Human Sign-Off
Senior accredited reviewer signs the report. Working file retained ten years.
Which engagement suits your matter?
Five questions. We recommend the right tier with reasoning, and you can book a discovery call to confirm. No commitment.
Recommendations are indicative. Final tier and fee are confirmed at discovery based on the specific facts of your matter.
What is the engagement for?
Choose the right level of valuation for the job.
From simple CGT events to high-value, defensible files. All tiers include senior human review and a signed independence statement.
Essential CGT Valuation
Best for simple entities, clean financials, share transfers and straightforward CGT events.
- ·12–20 page report
- ·Single methodology
- ·Human-reviewed and signed
- ·10–14 business day turnaround
Comprehensive Business Valuation
Best for trading businesses, goodwill, related-party transactions and adviser-led work.
- ·30–50 page report
- ·Dual methodology with cross-check
- ·Normalised earnings + sensitivity
- ·Includes accountant collaboration call
Defensible Valuation File
Best for higher-risk, retrospective, complex restructures and files that may be reviewed.
- ·60–100 page report + working papers
- ·Three methodologies + scenario analysis
- ·Senior signatory
- ·Full evidence pack
Final fee confirmed after a 15-minute discovery call. Indicative ranges shown — actual fee depends on entity complexity, turnaround, and any additional engagement requirements.
Not just a number. A valuation position.
Professional valuation is not always a single automatic answer. Different accepted methodologies, applied to the same business, can produce different supportable conclusions. Our role is to assess the evidence, test the methods, and identify the most supportable conclusion for the purpose of the engagement.
Move the methodology emphasis. Watch the position shift.
Four accepted methodologies. Four different defensible outcomes. The most supportable position is what the methodology and evidence best defend — not what the client nominates.
This interactive is illustrative. In a real engagement, methodology selection and weighting are reasoned by the valuer based on the entity, evidence and commercial purpose. The client does not set the weights. The most supportable position is determined by methodology and evidence, never by preference.
Multiple methodologies tested
Capitalisation of maintainable earnings, EBITDA and revenue multiples, net asset, DCF where appropriate. The right methodology depends on entity, evidence and purpose.
Commercial and tax context considered
A CGT event, a restructure, a related-party transfer and a share buyback each have different evidentiary expectations. We assess what the purpose requires, then choose the methodology that fits.
Reasoning fully documented
Every assumption, every multiple, every discount is set out in the report. The reasoning is the work — the conclusion is what the work supports.
Adviser-ready and supportable
Designed to sit in an accountant or lawyer file and hold up if reviewed. Where the evidence supports a more favourable position, we identify it. Where it requires a conservative position, we say so.
Every valuation position must be supportable under the evidence. We do not produce target values, and we do not guarantee acceptance by any tax authority or third party.
“Most online valuation tools produce a single number with no methodology context. Most accountants produce a value-from-instinct that holds up until questioned. Most Big 4 valuations start at $25,000 and take six weeks. There is room for a fourth option.”
International Valuation Standards
Reports prepared in accordance with IVS 104 (Bases of Value) and ATO market valuation guidance.
Methodologies tested per engagement
Every Comprehensive and Defensible engagement tests multiple accepted valuation methodologies before concluding.
Working paper retention
Working papers, evidence and reasoning retained for at least ten years from the engagement date.
Accredited reviewer on every report
Every conclusion carries the named signature and credentials of an accredited senior reviewer.
How we form the position.
Evidence-led. Methodology-tested. Defensible.
Review the available evidence
Financial statements, ownership records, related-party transactions, contracts, industry data. We tell you exactly what we need and what is missing.
Test multiple accepted methodologies
Capitalisation of maintainable earnings. EBITDA and revenue multiples. Net asset. DCF where appropriate. The right methodology depends on entity, evidence and purpose.
Identify the valuation range
Across methodologies, with sensitivity analysis on the principal inputs. This is the supportable range the evidence allows.
Assess the commercial purpose
A CGT event, a restructure, a related-party transfer and a share buyback each have different evidentiary expectations. Purpose informs methodology — never the conclusion.
Identify the most supportable position
The position the methodology and the facts best defend. Where the evidence allows, this may be the favourable end of the range. Where the evidence requires, it may be the conservative end. Either way, the position must be supportable.
Document the reasoning
Methodology selection. Multiples chosen. Discounts applied. Evidence relied upon. Every input traceable in the working file.
State assumptions, limitations and rationale
Conservative where it matters. Specific where it counts. Designed to be defensible if reviewed.
Where we work.
We focus on Australian small-to-mid-sized businesses across the sectors where tax-purpose valuations come up most frequently.
Medical & dental practices
Owner-operator valuations, related-party transfers, succession and partnership changes.
Allied health & veterinary
Specialist practices, group consolidations, exit and retirement planning.
Hospitality & food service
Cafés, restaurants and venues; lease-sensitive valuations and goodwill assessment.
Professional services
Law, accounting, consulting and advisory firms; partnership transfers and equity buy-outs.
Trades & construction
Sub-contracting businesses, supply businesses, related-party restructures.
E-commerce & retail
Online retailers, multi-channel businesses, brand and intangible-heavy valuations.
Manufacturing & wholesale
Asset-heavy entities, working-capital-sensitive operations, family business succession.
Real estate & property services
Agencies, property management firms and rent-roll valuations.
Prismi in context.
Between Big 4 firms and online calculators, we are the specialist option for tax-purpose valuation work — at productised pricing, with senior review and a full evidence file.
Built for tax-purpose valuations. Not adapted for them.
Most business owners get told to “just get a valuation” for a CGT event, a restructure, or a related-party transfer — and then discover that a real, supportable, ATO-aligned report from a Big 4 firm starts at $25,000.
The alternatives are usually worse: a one-page calculator output, a real estate appraiser, or a quick favour from the accountant. None of these will hold up if the ATO ever asks the obvious question — how did you arrive at this value?
Prismi exists to fix that gap. Specialist, human-reviewed, ATO-aligned market valuation reports — delivered with the speed and discipline of modern workflow, and the rigour of a senior valuation partner.
What you actually receive.
Every report is structured to be readable by the owner, defensible by the accountant, and supportable if the ATO asks. We share the full structure publicly — including what an evidence pack looks like.
Comprehensive Reports include normalised earnings, dual methodology, comparables evidence, sensitivity analysis, full assumptions and limitations, and a signed independence statement.
Download a sample Comprehensive Report (PDF)
Standards we hold ourselves to.
Independent — not negotiable.
Our fees are fixed at engagement. Clients cannot influence the conclusion. The most supportable position is determined by methodology and evidence, not by what would be commercially convenient.
Methodology-tested.
Every engagement tests multiple accepted methodologies. The supportable range is identified before the position within it is concluded. The reasoning is documented in the working file.
Evidence-backed and supportable.
Every assumption, every multiple, every adjustment is documented in a working file we retain for at least ten years.
Perspectives on valuation work.
Common questions.
Reimagine what your tax-purpose valuation looks like.
Fifteen-minute discovery call. We confirm the tier, indicative fee and timing before you commit. Most engagements begin within 24 hours of intake.