Hi all,
Can someone please advise if clarify for me about Labour's proposed CGT changes and how this will affect existing stock investments? I have read numerous articles mostly referring to CGT in regards to property investment but not sure if/how this will affect existing share market investments.
Labour wants to reduce the Capital Gains Tax discount from 50% to 25% - even if stocks are held for more than 12 months?
Any help would be appreciated..
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