Taxation: CGT Implications on Sale of Assets, Income from Personal Exertion, Loan Payment Analysis

This article discusses the capital gains tax implications on the sale of assets, income from personal exertion, and the analysis of loan payments in taxation. It covers topics such as determining pre-CGT assets, CGT liabilities for collectibles, income from book writing, and the nature of loan payments. The content provides explanations, examples, and references to relevant tax laws and rulings.