What Labour’s Capital Gains Tax Would Actually Cost You
Labour wants a 28% tax on the profit when you sell an investment property. So we built a spreadsheet ... not to argue whether it’s fair, just to answer one question. If you buy a property, what does the bill actually look like? In this episode, Ed and Andrew run the numbers on a 28% CGT in plain English. You’ll learn: What actually happens if Labour’s capital gains tax comes in The bill you’d actually receive, and can you legally minimise it How it changes which property you buy The lesson? A CGT wouldn’t kill the maths, but it changes the game most for anyone planning to switch from growth to yield at retirement. Let us know your thoughts by leaving us a voice message on the Property Academy Hotline For more from Opes Partners: Stay ahead of the NZ property market Instagram TikTok