United Kingdom
Tax & Regulation | 8 Aug 24
HMRC issues new ‘nudge letter’ to crypto owners suspected of failing to pay correct tax
Accountancy firm BDO wants that this letter is targeted at those the tax authority knows have ‘disposed’ of crypto assets
Zurich reports ‘record’ life business operating profit in H1
Life business growth was primarily driven by the EMEA region
Financial planning | 7 Aug 24
Total pensions overtaxation bill approaches £1.3bn as average UK reclaims soar
UK savers reclaimed £57m in overtaxation on pension withdrawals in April, May and June 2024
HSBC Life UK names Richard Waters as head of protection distribution
He brings more than 30 years’ experience to his new role
Regulation | 6 Aug 24
FCA secures high court order for unauthorised mortgage broker to pay £4m
FCA said these ‘sham brokers preyed on vulnerable people who were struggling financially’