Geof Nightingale: independent tax expert weighs up Labour's proposal for capital gains tax

The rate Labour settled on for its capital gains tax policy is partially below the recommendation made by the tax working group six years ago. The proposed 28 percent rate would apply to commercial and investment properties from July 2027 - with the revenue going towards health system. Independent tax expert Geof Nightingale weighed up whether this proposal would bring in what Labour's promising. LISTEN ABOVE The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.