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Eoin McGee

๐Ÿ‘ค Speaker
153 total appearances

Appearances Over Time

Podcast Appearances

Today with David McCullagh
Your financial questions answered with Eoin McGee

I thought where your question was going to go, so I'm going to throw it in there anyway.

Today with David McCullagh
Your financial questions answered with Eoin McGee

I thought you were going to say, can I give them some money or can I pay for the wedding?

Today with David McCullagh
Your financial questions answered with Eoin McGee

That's,

Today with David McCullagh
Your financial questions answered with Eoin McGee

Are you Lighthouse Crafts by any chance, no?

Today with David McCullagh
Your financial questions answered with Eoin McGee

You are, right, same person.

Today with David McCullagh
Your financial questions answered with Eoin McGee

Okay, great Instagram account.

Today with David McCullagh
Your financial questions answered with Eoin McGee

But there's a plug for you now on RT Radio 1.

Today with David McCullagh
Your financial questions answered with Eoin McGee

Thank you.

Today with David McCullagh
Your financial questions answered with Eoin McGee

But one of the things I'd say, Agnes, is this is one of the things, just for everyone listening out there, there are certain things that you can pay for in your kids' lives that don't come out.

Today with David McCullagh
Your financial questions answered with Eoin McGee

So a child can get โ‚ฌ400,000 off their parents in their lifetime before they start to pay tax.

Today with David McCullagh
Your financial questions answered with Eoin McGee

That's the capital acquisition or inheritance tax allowance.

Today with David McCullagh
Your financial questions answered with Eoin McGee

There are certain things you can pay for, light and heat and their food and clothes and everything else.

Today with David McCullagh
Your financial questions answered with Eoin McGee

Paying for their wedding, if it's reasonable contribution to their wedding.

Today with David McCullagh
Your financial questions answered with Eoin McGee

I don't know what reasonable means, right?

Today with David McCullagh
Your financial questions answered with Eoin McGee

Some people determine reasonable as if it's in Ireland.

Today with David McCullagh
Your financial questions answered with Eoin McGee

Some people would say it's not reasonable to have Westlife there or something like that, right?

Today with David McCullagh
Your financial questions answered with Eoin McGee

Depending on what your definition of what reasonable is.

Today with David McCullagh
Your financial questions answered with Eoin McGee

But if it's a reasonable contribution to the wedding, it doesn't come out of the 400,000th.

Today with David McCullagh
Your financial questions answered with Eoin McGee

Now, to compare that, contrast that with, if you give them a deposit for a house or contribution deposit, it does come out of the 400,000.

Today with David McCullagh
Your financial questions answered with Eoin McGee

So it's an interesting one because weddings are still one of the things that revenues say, yeah, mammy and daddy, you want to put your hand in your pocket, go for it.