Property Gains Tax

I think families should be allowed one investment property with the current tax rules - but subsequent properties should be taxed rental income and the capital gain of their investment.

The aim is to direct capital into exporting, manufacturing and technology businesses, and to make property more affordable for first home buyers.

What we're doing about it

0 Popular Solutions to this, 1 other possible solution

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Solutions

No, tax *all* non-residential properties

1 person supports this, addressing Property Gains Tax

It would be too hard to allow people a single investment property: all kinds of tricky situations: * What if you had 5 properties, each one owned by a different trust/company? * What it 5 people created a company where they owned 20% each, and... see details