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Farm Business
Agricultural Matters
Reducing tax ?
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<blockquote data-quote="Robw54" data-source="post: 4689902" data-attributes="member: 439"><p>The CGT used to be per year as well.</p><p></p><p>My advisor suggested the situation may get a lot worse with CGT and I think we are heading towards a lot more asset taxes as it is in other countries and here in the past. I own houses and the government has made the direction of travel v clear. They have made no bones about taxing some sections over 100% of income where interest rate relief has been lost.</p><p></p><p>How many votes will be lost if an ag land tax came in with APR being perceived as being abused for avoidance?</p></blockquote><p></p>
[QUOTE="Robw54, post: 4689902, member: 439"] The CGT used to be per year as well. My advisor suggested the situation may get a lot worse with CGT and I think we are heading towards a lot more asset taxes as it is in other countries and here in the past. I own houses and the government has made the direction of travel v clear. They have made no bones about taxing some sections over 100% of income where interest rate relief has been lost. How many votes will be lost if an ag land tax came in with APR being perceived as being abused for avoidance? [/QUOTE]
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Reducing tax ?
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