Effort: ~1.5 hrs · Fee: $300 ex GST · Finding bonus: $100 per accepted defect, graded (wrong figure in scope / silent default / missing refusal / documentation)
Provisions
ss 104-10(5)(a) (pre-CGT), 118-5 (cars, medals), 118-10 (collectables ≤ $500; PUA ≤ $10,000), 118-20 (otherwise assessable), 118-24 (depreciating assets), 118-25 (trading stock), 118-37(1)(a), (c), (2) (compensation, gambling), 118-60 (gifts under Div 30), 118-300 items 3 and 4 (life policies, annuities), 108-20(1) (PUA losses); IT(TP)A 1997 s 102-25 (Norfolk Island).
Rules and scenarios to trace
Rules: Part F.
Scenarios: s11 (PUA at exactly $10,000), s12 (collectable boundary), s14, s17 (pre-CGT), s18 (Norfolk Island), s19, s20, s21 (compensation), s22 (gifts and policies), s58, s59 (land marked as PUA, refused).
What we most want
- Q10: confirm the s 118-25(1) trading stock wording.
- Q6: should s 118-300 item 2 (general insurance) be in a first file?
- Q8: Norfolk Island; is the practitioner-asserted “would have been exempt” input the right one?
- Any exemption in common use that the file neither applies nor refuses (Q7 lists what we know is missing).
Common to every family page
- File:
cgt_a1.lev1.2, SHA-2563cdb679a…2ad00, reasoner LogicalEnglish2bc5cb5d1…, SWI-Prolog 9.0.4. 114 rules, 62 fictional scenarios, 163 embedded tests, every expected figure worked by hand from the Act above its scenario. No software to run. - Reviewer pack:
COVER_NOTE.md,HOW_TO_READ.md,VERDICT_FORM.mdv1.2.1 (fill in only the rows for your family plus §3, §11 and §12),open_questions.md,scenario_table.md, and the canonicalcgt_a1.le. - Paid for the review whatever you find. A clean family earns the same as one with three defects; an accepted defect earns the finding bonus on top. Paid whether or not you sign.
- Status shown on the file: ◻ unreviewed until signatures exist on this hash (see 14f).
- Out of scope (the file refuses these with a reason): main residence, Div 152, roll-overs, deceased estates, foreign residents at the event, indexation, events other than A1, K7, Subdiv 115-C, life insurance companies, pre-9 May 2012 foreign residency periods, substituted accounting periods, leases granted.
- Attestation and signature: §11 (your own judgement; AI use disclosed) and §12 (do you sign this hash for the scope in its header: yes / no / yes once findings N–M are fixed). A “yes” from a family reviewer is recorded as a signature for the whole file, so answer §12 only if you have read the whole file; otherwise answer “no” and consider 14f.
How we work
Rules, models and human judgement — how LodgeiT writes tax law as Logical English. This is a rule-review bounty, like Bounties #11 and #12: you check the law written out as rules, not a calculator, and tell us whether we stated it correctly. No software to install.
Your deliverable
The filled-in VERDICT_FORM.md (v1.2.1) — complete the row(s) for this family in §2, plus §3 (break-it), §11 (attestation) and §12 (signature) — attached to an email to support@lodgeit.net.au. Free-form prose is equally acceptable. §12 is a separate act from the verdict, and you are paid for the review whatever you answer there.