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Talk of a capital gains tax (or a CGT) found its way back into the headlines during 2024. It’s hard to see a National-led government making any such changes to our tax system, but it could be back on the agenda when we inevitably see a change of government. Do we need a CGT here in New Zealand, and what are the drawbacks of implementing such a radical change?
By Craigs Investment PartnersTalk of a capital gains tax (or a CGT) found its way back into the headlines during 2024. It’s hard to see a National-led government making any such changes to our tax system, but it could be back on the agenda when we inevitably see a change of government. Do we need a CGT here in New Zealand, and what are the drawbacks of implementing such a radical change?

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