I need someone to explain to me how to calculate Australian capital gains tax.
The tax can be calculated in three ways as explained in the PDF located at:
[login to view URL] (page 24) and further examples at [login to view URL] and [login to view URL]
The 3 methods are
THE INDEXATION METHOD
THE DISCOUNT METHOD
THE ‘OTHER’ METHOD
I need detailed & step-by-step? instructions on? how to do that given the following:
Costbase, SalePrice, BuyDate, SellDate
Thanks