OF
Oliver - fighting for fair
@olimnz.bsky.social
ngai Aotearoa ahau | Ōtautahi resident | Nearly retired | Was once an overland driver | Now a retail "human resource" | Not overly fond of our biased journos.
Born at 315 ppm.
613 followers802 following4.8k posts
Capital Gains (and inheritance tax with a reasonable threshold of, say $2m, then 40% over that) would let your average Joe/Jo keep some capital. There are still plenty of multi-millionaires in this country. UK for example: www.gov.uk/capital-gain...www.gov.uk/inheritance-...
How Inheritance Tax works: thresholds, rules and allowances
Inheritance Tax (IHT) is paid when a person's estate is worth more than £325,000 when they die - exemptions, passing on property. Sometimes known as death duties.
OF
Oliver - fighting for fair
@olimnz.bsky.social
ngai Aotearoa ahau | Ōtautahi resident | Nearly retired | Was once an overland driver | Now a retail "human resource" | Not overly fond of our biased journos.
Born at 315 ppm.
613 followers802 following4.8k posts