To CGT or not to CGT?

Back in 2015 then Labour leader Andrew Little specifically ruled out the introduction of a capital gains tax following the 2017 election.

But times have changed and since Jacinda Ardern ascended to the role of Labour Party leader, talk that Labour will introduce a capital gains tax will not cease.

Ardern has consistently said that, if elected, Labour would establish a tax working group to look at tax reform and would wait for its recommendations before making any tax change proposals.

However, she has not ruled out the introduction of a capital gains tax and she has said that, should one be introduced, it would not include the family home.