Presume there will always be a tax liability whenever you sell, you are never going to escape that, and this is just a necessary evil associated with making a good return on your investment?Originally Posted by westberks
Or if not, when do you plan to sell and realise your capital gain without a tax liability?
I thought the Government had given an incentive by reducing CGT on residential property from 28 to 24%. Seems a bargain to me when compared to higher rates of income tax.
When it comes to tax on wealth, you do realise that you may have an even less tax friendly government in 9 months time?
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