With the findings of the Henry Review to be published soon, taxation reform is becoming a hot topic. So which is your least favourite tax? You know the one that irks you every time you read about it.
For me it has to be land tax and stamp duty. These ridiculous throw back to a by-gone era that unfairly penalises a whole investment class (i.e. commercial property) and adds to the illiquidity of a whole sector. Then if you do manage to make a quid on your investment, you are slugged with a CGT as well. Get rid off it!