How to Crystallise Interest for Tax Purposes

Nihal's savings habits were quite a bismal. He'd spend all this cash in a frivolous dash and end up with a balance that's dismount. Martin came to his aid, taught him tricks of the trade, but Nihal's money skills were still a fail. Though he may never be money smart, at least Nihal’s doing his part to save and spend right and avoid financial plight - though the quiz still usually ends with a fart. The question is: When does interest count for tax purposes?

Transcript

Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.