Question: Paragraph click 10 Styles Since 1997 Andreas and Steve have invested in various Australian shares. Steve acquired the shar in her own name whereas

Paragraph click 10 Styles Since 1997 Andreas and Steve have invested in

Paragraph click 10 Styles Since 1997 Andreas and Steve have invested in various Australian shares. Steve acquired the shar in her own name whereas Andreas had his company Hunter Valley Ltd acquire his share portfolio. 20 August 2021 both Steve and Andreas made a decision to dispose of their Australian shares and the proceeds and purchase prices information are as follows. steve's share portfolio 4 Shares Mining Ltd Media Ltd Tel Ltd Singapore Ltd Purchase date Costs 1-Apr-97 $8,000 Proceeds $12,400 10-Jun-00 $15,000 $90,000 17-May-13 $34,000 $33,500 8-Jan-21 $17,900 $21,000 Hunter Valley Ltd Share porfolio Shares Xero Ltd Singapore Purchase date Costs Proceeds 28-Mar-18 $45,000 $62,000 26-Jun-21 $21,600 $28,800 Other information Cynthia has a capital loss of $600 carried forward from sale of painting during 2018. Calculate net capital gains for both Steve and Hunter Valley Pty Ltd the 2021/22 tax year. You must provide all methods available for her and choose the best method to minimise net capital gains.

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