Earlier this year, the government’s Tax Working Group (TWG) recommended introducing a broad-based capital gains tax, a move that will affect a huge number of Kiwis. Here’s why the proposed Capital Gains Tax (Capital Gain Tax) isn’t right for New Zealand.
While tax fairness is important, evaluating behavioural responses is also critical in the decision-making process. Kiwis are already weak when it comes to investments, and a Capital Gain Tax would only create more fear and further discourage those looking at investing. This is a factor the government must take into consideration.
© Copyright 2025 Lucia Xiao Property Investment Mentor. All Rights Reserved.
© Copyright 2025 Lucia Xiao Property Investment Mentor. All Rights Reserved.