Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag 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.

flag 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. flag Inspired by a minority 2018 Tax Working Group view, it targets rental housing for revenue without discouraging investment in businesses or shares. flag 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

Further Reading