Aideen Finnegan
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But I'm just wondering, what does somebody do?
I suppose it is like a pension as well.
What do you do to make your pension bigger than someone else's if you both put the same amount of money in at the same time and leave a compounding for the same
term?
And this could apply to this new scheme that Simon Harris is talking about.
Yes, it could.
It depends on how they decide to pull this whole thing together.
I do, yeah, because exactly as you say, like this could be somebody's hard saved money for the last couple of years and they need to have full disclosure on all of this.
I get a bit worried about the political side of it.
You know, they're going to try and make it sound really good because they want the government to sound good.
So does that mean that people will be slightly misguided about what it means?
But I saw something on your Instagram that I thought was really interesting.
You were reacting to Simon Harris trumpeting the fact that there would be no capital gains tax.
Yeah.
And that it's like a waiter saying, oh, the pasta of the day doesn't come with marshmallows.
Can you explain?
And what about the deemed disposal?
That may or may not work.
Well, I'm going to get on to that because you've kind of hit on what we can do now without waiting for this.
But before I move on, I just have another tax question.