The tax implications for investing in different types of assets like property or shares, and the impact on investment structures like trusts or direct investments, has been under the most scrutiny.

At this stage, the budget still needs to be passed into legislation, and questions remain on certain policy details, for example:

Would capital gains tax be payable by an investor that generates a flat nominal gain during a period where inflation was negative over the holding period?

As a result, plenty more ink (and AI tokens) will be consumed in coming months critiquing the implications of this budget for investors.

Implications for retiree investment strategy

One of the risks during this period is that investors…