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The new crypto tax rules investors need to prepare for now
Crypto investors are being urged to ensure they have reported any capital gains to HMRC or face fines worth hundreds of pounds amid new transparency rules being introduced next year. Financial Conduct Authority (FCA) data suggests around 8% of UK adults, roughly 4.5 million people, now hold cryptocurrency such as Bitcoin. But commentators warn that…
Surrey dominates list of UK’s highest-value postcodes
New research has identified the UK postcodes with the highest proportion of property transactions exceeding £1 million, with Surrey locations dominating the top rankings. Cobham in Surrey secured the top position, with nearly half of all property sales completing at prices above £1 million. The analysis, which examined average sold prices in England and Wales,…
Succession planning gaps persist as family businesses brace for leadership handoffs
Dr. Rebecca Gooch, Deloitte Private global head of insights at Deloitte Global, said succession forces family enterprises to weigh several priorities simultaneously. “Succession is one of the defining moments for family businesses because it requires balancing legacy, governance, and future growth at once. Deloitte Private’s findings show that many family businesses understand the urgency of…
Remodel financing gap signals opportunity for lenders
Optimism surrounding the remodeling market dipped slightly in the second quarter, despite strong May numbers, a new survey found. Processing Content The National Association of Home Builders Remodeling Market Index for the second quarter posted a reading of 61, a one-point drop from the first quarter but still comfortably in positive territory and up from…
BC court denies insurance broker’s bid to recover $886,392 transfer fee
The broker, an independent firm, had sold Canada Life policies for years through a managing general agency, or MGA. MGAs service and administer policies and collect service fees from the carrier for doing so. When the broker moved its book to a new agency in 2023, the incoming MGA paid the former one a transfer…
