Property investors may pay less capital gains tax under Labor’s reforms, analysis suggests

Property investors may pay less capital gains tax under Labor’s reforms, analysis suggests

Researcher says public debate since May budget has overstated how much reforms will cost landlords and investors

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Most property investors may end up paying less capital gains tax after Labor’s budget reforms , research based on an analysis of historical data suggests.

The e 61 Institute’s analysis also found half of all landlords would have faced higher costs from the loss of negative gearing over the period from 2008 to 2025 if the new system had been in place, suggesting the tax reforms alone cannot explain a slump in investment demand. Continue reading...

Read the full story at theguardian.com

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Property investors may pay less capital gains tax under Labor’s reforms, analysis suggests | BlinkNews