Could the capital gains tax discount really be cut to 25 per cent?
Rumours about changes to the capital gains tax (CGT) discount refuse to go away. Here’s where the talk comes from, what it would mean in dollars, and why investors should separate policy chatter from reality.
Separating fact from fiction is a key part of any wise investment decisions. (Image source: Mayu85/Shutterstock.com/API Magazine)
We all remember how schoolyard rumours worked. Someone would whisper something outrageous, it would pass through ten different people, and by lunchtime the story had morphed into something completely unrecognisable.
Most of the time it was harmless nonsense. But every now and then, a rumour would stop you in your tracks because, just maybe, there was a sliver of truth in it that could affect you.
Lately, the property and investment world has it…
