• Why have crypto prices soared in the past week - and do you need to pay tax on profits?

  • Nov 15 2024
  • Length: 1 hr and 7 mins
  • Podcast

Why have crypto prices soared in the past week - and do you need to pay tax on profits?

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  • Summary

  • Crypto has been a little quiet of late. Out of the spotlight, minding its own business.

    But Donald Trump gets voted back in as US president and boom - bitcoin surged beyond $90,000 for the first time.

    The rest of the crypto market has also seen a boost, so what's going on? Where is it likely to head next and what do you need to be aware of if you are cashing out your gains?

    Simon Lambert, Lee Boyce and Georgie Frost delve into bitcoin and friends to give their verdict.

    The number of Isa millionaires has soared, with a 228% jump of investors joining the club in just two years.

    And there are 25 of them who hold an average of £8.9million. Just how do you build such a big pot? Britain's first Isa millionaire, Lord Lee, gives his three tips.

    Fresh from her Budget speech, the Chancellor has announced plans to use our pension savings to boost economic growth by creating megafunds. Just what are they?

    We tackle an tricky question about IHT and giving away a home.

    And finally, Lee's Collecting Corner is back... this time, he reports from a trading card, and reveals two Paddington themed treasures sent in by readers... a 50-year-old stuffed toy, and a limited edition signed print snapped up at a charity shop for just £30.
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