This petition was submitted during the 2019-2024 parliament

Petition Reintroduce inflation indexation on capital gains tax assessment

Reintroduce inflation indexation so that capital gains tax is only payable on realised real gains.

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With inflation running at 10% p.a. capital gains tax will be payable on many nominal gains which are in reality a loss after accounting for inflation.

This petition is closed This petition ran for 6 months

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