Question 1 - Financial Year & CGT In June 2022, Mary entered into a contract...
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Accounting
Question 1 - Financial Year & CGT
In June 2022, Mary entered into a contract to sell land with the contact was settled in October 2022. On the other hand, Laurie owned a rental property that was destroyed in a fire in June 2022 and received a payment under an insurance policy in October 2022.
a) In which financial year must Mary declare her CGT
b) When did the CGT event occur for Laurie?
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