This TD, released on Wed 25.6.2014, specifies for the purposes of s 108-85 of the ITAA 1997, that the CGT improvement threshold for the 2014-15 income year is id=”mce_marker”40,443.

[LTN 120, 25/6/14]

Category: Tax Month - June 2014

Author: John Morgan

John Morgan is a tax specialist lawyer of more than three decades experience now practicing at the Victorian Bar - w: www.FJMtax.com e: f.john.morgan@vicbar.com.au