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Stephanie, an Australian resident up until 29 June 2022, became a foreign resident on 30 June 2022 (Year 9) and has provided you with the
Stephanie, an Australian resident up until 29 June 2022, became a foreign resident on 30 June 2022 (Year 9) and has provided you with the following information. Her Perth residential investment property was purchased for $200000 in Year 1 (post-September 1999). It had a market value of $550000 as at 30 June 2022. Her antique car was acquired for $80000 in Year 6. As at 30 June 2022, it had a market value of $85000. Her London (United Kingdom) residential investment property was purchased for $175000 on 12 April in Year 8. It had a market value of $190000 as at 30 June 2022. She made a capital gain of $10000 from selling some shares in a listed company in January 2022. The shares were acquired in November 2021. Assume that Stephanie has not made any elections. Calculate the minimum net capital gain or capital loss for Stephanie for the year ended 30 June 2022. Show all workings. Provide the relevant section references for any exclusions
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