Options for NG
1) Scrap it completely
2) Restrict to new builds for the first 5-10 years of the property
3) Ring fence losses on one property so that they can only be offset against future profits/gains on that property
4) Restrict it to the 1st property owned only
5) Combination of 2), 3) &/or 4)
Options for CGT discount on property
1) Scrap it completely & implement an indexation of cost method.
2) Extend period to gain 50% discount to 5 or 10 years
3) Introduce a phased % discount over a 5 or 10 year period up to current 50%
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Options for NG1) Scrap it completely2) Restrict to new builds...
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