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When Ben retired in January this year, he sold his investment property for $900,000. ...

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Accounting

When Ben retired in January this year, he sold his investment property for $900,000.

Ben inherited the property on the 29th of June 1995 after his father died.

At the time he acquired the property, its market value was $400,000.

Required: Calculate the capital gain using the CGT Discount Method AND the Indexation Method and advise Ben which method will help him minimise his capital gain.

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