FCA investigates Wise co-founder after tax default

Kristo Käärmann was included on HMRC’s list of deliberate tax defaulters in September 2021 The UK’s financial regulator is investigating the co-founder of payments company Wise after he failed to pay his taxes. Kristo Käärmann was included on HM Revenue and Customs’ list of deliberate tax defaulters in September 2021, after failing to comply with his tax obligations. He failed to pay £720,495 for the 2017-18 tax year and received a fine of £366,000, the tax authority said. Continue reading...
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