Owen McGee

speaker

1,739 appearances 11 recordings 2 series first heard May 2026 last heard 6d ago

Owen McGee’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 11 in all, peaking in Sep 2026 with 3.

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And he did, and actually he's in episode three of the podcast, right?

But on the podcast, I did ask him about it and he said, well, you know what, deemed disposal is one issue.

The investment scheme is a different issue and they're not mutually, like, we're going to try and address both is the feeling I got.

No commitments, obviously, right?

But the feeling I got is, is he's looking at these two things separately and I would hope that something's going to be done about both of them.

But what the scheme itself is going to look like is...

My best guess, as the scheme is going to look like, I think we'll have a limit.

And I'm totally making up this number because I don't have a number.

But let's say if we follow the UK and the ISA in the UK, you can put up to 20,000 euros a year into it.

And when you put it in, in the ISA in the UK, it grows tax free.

You put the money in and it grows tax free and you can take it out.

There's a limit to what you can put in.

In the ISK, which is the Swedish model, they have a slightly different model in that you put the money in.

And when you put the money in, there's a certain element that's going to be tax-free, which I think we probably follow.

So let's say, again, I'm making up the number, let's say €30,000.

So the first €30,000 of your fund is tax-free.

But if you've €35,000 in it, the €5,000 surplus above the €30,000 is going to be taxed.

And there's a suggestion that it's going to be taxed at 1% a year.

Instead of 38% on the profits when you take it out, it'll be 1% a year.

So that is an interesting model shift in terms of they're going to collect the tax on a year-to-year basis, but it's going to be a really low 1%.

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