11. What does this mean for shares and bank accounts?
Answer
Financial assets aren’t included as they’re already taxed.
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Tom Goodwin commented 2016-12-07 23:10:15 +1300What about shares that don’t pay dividends and accumulate large capital value gains? These capital gains are not taxed. -
James Turnbull commented 2016-12-07 21:46:03 +1300So a stash of cash money is no longer a financial asset ?
Interesting notion?
AS said elsewhere by self and others … my home was bought out of taxed income -
Oliver Krollmann followed this page 2016-12-07 09:50:57 +1300
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Len Houwers followed this page 2016-12-07 09:32:12 +1300
