How much tax would be payable by the Lee Superannuation Fund with all members in accumulation mode which provided the following details for the 2017/18 financial year:
Sale of investments for a gross capital gain of $20,000 that were held for 9 months.
Sale of investments for a gross capital gain of $30,000 that were held for 3 years.
Other assessable income of $100,000.
Allowable deductions of $20,000.
CGT discount for superannuation is 33 1/3 %
Income tax rate for superannuation is 15%
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