Wednesday, January 30th 2008
FINANCIAL INFORMATION: MARKET TURMOIL, CGT DEADLINES & ROGUE TRADERS
Well it's Wednesday and what a week we've had already! Our mythical share portfolio has plummeted in value, thanks in no small part to the losses incured by French bank Societe Generale. Neil Hughes, accountant & auditor with Hughes Blake, gives us a timely reminder of the Top 5 Rogue Traders (click here to read his notes), and also reminds listeners that this Friday is the deadline to declare any capital gains to the Revenue Commissioners. That includes any gain on the sale of a property, the sale of land or a site or two in the case of a farmer or indeed the gain on the sale of any asset that has yielded a profit; artwork, stocks and shares, or whatever. The first 1270 of any gain is exempt for your small gains exemption; the balance is taxable at 20%. Click here to read the Frequently Asked Questions about Capital Gains Tax.
We have 1000 to be won today - just answer a simple question between now & 16:20 to make your day so much better! Click here for more details...
Brenda you went to a most unusual concert last Friday night... she visited the home of Michael Kenny and Katie Egan, just beside Croke Park. They wanted to bring music back into the home and so they decided to hold a concert in their house! They invited Nick Kelly, formerly of Fat Lady Sings, to perform and invited 15 friends and neighbours, cleared out the bedroom and set it up for a concert! For photos of the event, click here.
Inspired, Brenda wants to start a Home Entertainment Movement. One night, in about four weeks time, she wants people to have a musical evening in their homes. We have a prize... well to be precise, it's a person... Paul Harrington! One home will win Paul to entertain in their sitting room for family and friends (we're working out the date details with Paul). So just tell us why you should have Paul, who would you bring and what songs might be sung in a sing-song, and you might have your very own audience with Ireland's Rock'n'Roll kid!
Yesterday on the programme we were talking about Hearing Loss Awareness Week, and we want to continue that theme today. Tinnitus is a condition suffered by a large number of Irish people including Derek. Joining him today is Chairperson of the Irish Tinnitus Association, Jean Scott. You can contact the Irish Tinnitus Association by visiting their website, writing to 35 North Frederick Street, Dublin 1 or phoning 01 872-3800.
Derek chats to Brenda and Neil about Greenhills sheets...
THE BIATCH COLLECTIVE
You may remember that The Biatch Collective played at our New Year's Day Quiz at the Tivoli theatre - and if not, we play Higher And Higher as a reminder! - well they're performing at the Bewley's Café Theatre on Grafton Street this evening at 8.30pm.
Did you know that are 1,778,861 private cars the road in Ireland? That's 528 cars for every 1000 adults. In the recent budget Brian Cowen announced changes to the current car taxation system in effort to reduce the emissions of greenhouse gases from this national traffic jam. From July, new cars registered in the state will be subject to a different VRT and road tax rate, based on their emissions and not necessarily on their engine size. For more, Derek is joined on the line by Stephen Price, a journalist who writes on environmental issues for The Sunday Business Post.
MOONEY'S MONEY WINNER
And we congratulate Frank Connaire from Nenagh, Co. Tipperary, on winning 1000 of Mooney's Money! To find out how you could win 1000 tomorrow, click here...