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Labour's proposed CGT increase - Election Issue, page-5

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LetoMax

52 Posts.

07/03/19

15:21

Post #: 37687292
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Originally posted by subi1: ↑

It is designed to encourage long term investing.

A person has to hold the investment for longer than 12 months to get the benefit.

That is an eternity in the markets of today.

Also it was the conditions set when purchasing the investments.

Changing the goalposts all the time creates uncertainty and is bad in my opinion.

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Correct... why penalize more? We are paying and have been paying tax on all our income and all our CGT for many years.... Why decrease to 25%?

Last edited by LetoMax: 07/03/19
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