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.

Was this helpful?

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