Latest / The Property Academy Podcast
What Labour’s Capital Gains Tax Would Actually Cost You
Labour wants a 28% tax on the profit when you sell an investment property. So we built a spreadsheet ... not to argue whether it’s fair, just to answer one question. If you buy a property, what does the bill actually look like?
In this episode, Ed and Andrew run the numbers on a 28% CGT in plain English.
You’ll learn:
What actually happens if Labour’s capital gains tax comes in
The bill you’d actually receive, and can you legally minimise it
How it changes which property you buy
The lesson? A CGT wouldn’t kill the maths, but it changes the game most for anyone planning to switch from growth…
The skinny
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