Hi all,
Could someone out there confirm for me what figures I need to be going off to calculate CGT on a recent sale:
Original Purch Price - $143k
Divorce agreed value - $205k
Sale price - $250k
My interpretation of the rule is that the CGT payable by me is based on the $250k less the $205k? I am not clear on that though so any help would be greatly appreciated!!!
Dos.
Could someone out there confirm for me what figures I need to be going off to calculate CGT on a recent sale:
Original Purch Price - $143k
Divorce agreed value - $205k
Sale price - $250k
My interpretation of the rule is that the CGT payable by me is based on the $250k less the $205k? I am not clear on that though so any help would be greatly appreciated!!!
Dos.