Theodore purchased the following shares in ABC Pty Ltd Parcel 1 500 shares purchased on 1 January 2013 Cost - $2,000 Brokerage - $50 Parcel 2 600 shares purchased on 10 June 2017 Cost - $6,000 Brokerage - $50 Parcel 3 150 shares purchased on 11 March 2021 Cost - $1,310 Brokerage - $50 Theodore sold all of his shares on 1 February 2022 for $11,875. He paid brokerage of $50 on the sale. What will Theodore enter at Items 18H, 18A and 18V on his tax return?

Answer rating: 100% (QA)

To calculate the capital gain or loss for Theodores shares in ABC Pty Ltd we need to follow these st... View the full answer