11. What does this mean for shares and bank accounts?

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 +1300

What 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 +1300

So 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
Len Houwers followed this page 2016-12-07 09:32:12 +1300