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.
More details
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