Increased CGT rates ahoy?

Laffer Curve

The UK's recent forays into increased capital gains tax have - surprise! - not increased tax receipts.

In fact, the opposite has proven to be the case.

Reports the Financial Times (click the link or the image below):

Tax free allowances for capital gains have been reduced in the UK, and the tax rates increased.

This seems germane, since the salvo of media articles over recent days and weeks positing that a similar change to capital gains taxation may be in the offing in Australia. 

Quite apart from the impacts on tax revenues, there would likely be some second-order impacts on the behaviour of investors in housing and stock markets. 

The round table on tax reform is schedule for August 19 to 21.

---

   1. Download our property buying guide

Download our free property buying guide here. 

You can also check out a few of our recent property purchases here. 

Get in contact with us today if strategic property investment is your thing. 

    2. Subscribe to our Top 10 Podcasts for Investors

Listen in to our podcasts

The Australian Property Podcast is rapidly becoming one of Australia's biggest business podcasts, now with well over 50,000 audio downloads per month, and growing fast.

And our popular Low Rates High Returns Show also remains available on Spotify.

    3. Subscribe for my free daily blog

Subscribe for my free daily blog with some 3.9 million hits here. 

You can also catch up with me daily on Twitter here, where I'm far too active daily and have over 15,200 followers. 

By the way, I'm an 8-times published author on finance, investing, and business, so you can check out some of my books here.

My new book, co-authored with Cate Bakos is available to buy here or on Amazon here - check out our free Buy Right podcast series here. 

4. Work with me privately

For a limited time you can book in a free diagnosis call with me here, so book in a call today.