Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Labour proposes a targeted capital gains tax on property to raise $2.4B, excluding homes and farms, aiming to slow housing growth and simplify taxes.
Labour’s 2025 proposal for a targeted capital gains tax focuses on residential and commercial property, excluding family homes, farms, and most businesses, aiming to simplify the tax system and generate up to $2.4 billion by year ten.
Inspired by a minority 2018 Tax Working Group view, it targets rental housing for revenue without discouraging investment in businesses or shares.
The plan may slow housing price growth, appeals to public sentiment—with 43% support in polls—and avoids past controversies by limiting scope.
3 Articles
El laborismo propone un impuesto a las ganancias de capital sobre la propiedad para recaudar $2.4B, excluyendo casas y granjas, con el objetivo de ralentizar el crecimiento de la vivienda y simplificar los impuestos.