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Harold Hero, a resident taxpayer, disposed of the following assets during the year ended 30 June 2022: Harold has capital losses carried forward from 2020/2021
Harold Hero, a resident taxpayer, disposed of the following assets during the year ended 30 June 2022: Harold has capital losses carried forward from 2020/2021 of $3,500 on collectables and $1,500 on shares. Required: Calculate Harold's minimum net capital gain for the year ended 30 June 2022 and capital losses, if any, to be carried forward to 2022/2023.10 marks
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