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More than 5,000 estates paid over £1 billion in inheritance tax on lifetime gifts between 2020/21 and 2023/24, according to new Freedom of Information (FOI) figures. In 2023/24 alone, 1,390 estates paid £315 million in inheritance tax on lifetime gifts, an average of £226,000 per estate, the figures obtained from HMRC by financial advice firm…
“Payments touch almost every part of daily life in Singapore, and people deserve to know exactly what they are paying and what protection they have,” Singapore FinTech Association (SFA) President Holly Fang said as the industry group launched a new code of conduct aimed at strengthening transparency and consumer protection across the city-state’s payments sector….
Corcept president Sean Maduck sells $2.86m in stock
Elon Musk is reportedly going to launch a “flying car.” Not a flying taxi like those oversize drones that want to take rich people from Manhattan to JFK Airport, laughing at us peasants traveling in regular cabs. Not another old Tesla Roadster mounted atop a Falcon 9. No. This will be a next-generation Tesla Roadster…
Tthe market’s view of artificial intelligence is that one of the big winners will be the model-makers,. after all those are the people who invented it. Markets — at least private markets — have assigned huge valuations to the companies building the models, predominantly OpenAI and Anthropic. The history of great invesntions suggests investors should…
Cash may be losing ground to digital payments, but Illinois is betting it still deserves a place at the checkout counter. The state has passed the Retail Cash Payment Act, requiring businesses to accept cash for retail transactions under $500 and prohibiting them from posting signs stating they don’t accept cash. The measure is the…