{"id":6129,"date":"2022-06-27T15:36:05","date_gmt":"2022-06-27T13:36:05","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/06\/27\/how-wise-co-founder-went-from-tech-darling-to-tax-list-of-shame\/"},"modified":"2022-06-27T15:36:05","modified_gmt":"2022-06-27T13:36:05","slug":"how-wise-co-founder-went-from-tech-darling-to-tax-list-of-shame","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/06\/27\/how-wise-co-founder-went-from-tech-darling-to-tax-list-of-shame\/","title":{"rendered":"How Wise co-founder went from tech darling to tax list of shame"},"content":{"rendered":"<p>FCA could bar Kristo K\u00e4\u00e4rmann from senior role after claim he failed to pay \u00a3720,000 in tax<\/p>\n<ul>\n<li><strong><a href=\"https:\/\/www.theguardian.com\/business\/2022\/jun\/27\/fca-investigates-wise-kristo-kaarmann\">FCA investigates Wise co-founder after tax default<\/a><\/strong><\/li>\n<\/ul>\n<p>When the payments company Wise floated on the London Stock Exchange last summer it propelled its founders into the ranks of Britain\u2019s richest people. But Kristo K\u00e4\u00e4rmann, one of the Estonian pair who launched the firm, soon found himself on an altogether less desirable list: <a href=\"https:\/\/www.gov.uk\/government\/publications\/publishing-details-of-deliberate-tax-defaulters-pddd\/current-list-of-deliberate-tax-defaulters#details-first-published-22-september-2021\">named and shamed<\/a> as a tax defaulter by HM Revenue and Customs.<\/p>\n<p>K\u00e4\u00e4rmann was identified as having failed to pay \u00a3720,000 in tax, joining a series of restaurants, builders and even a strip club who had all fallen foul of the tax authority. HMRC describes the defaults as \u201cdeliberate\u201d, but Wise insists it was a matter of keeping his \u201cpersonal admin in order\u201d.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2022\/jun\/27\/wise-co-founder-tax-fca-kristo-kaarmann\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/ac0158825d647f43fc13fe1c5a21cf15e107b34f\/0_198_4000_2399\/master\/4000.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=1b08ba0213ef1fc9596887d0adbdf9cc\" title=\"How Wise co-founder went from tech darling to tax list of shame\" \/>FCA could bar Kristo K\u00e4\u00e4rmann from senior role after claim he failed to pay \u00a3720,000 in tax<br \/>\nFCA investigates Wise co-founder after tax default<br \/>\nWhen the payments company Wise floated on the London Stock Exchange last summer it propelled its founders into the ranks of Britain\u2019s richest people. But Kristo K\u00e4\u00e4rmann, one of the Estonian pair who launched the firm, soon found himself on an altogether less desirable list: named and shamed as a tax defaulter by HM Revenue and Customs.<br \/>\nK\u00e4\u00e4rmann was identified as having failed to pay \u00a3720,000 in tax, joining a series of restaurants, builders and even a strip club who had all fallen foul of the tax authority. HMRC describes the defaults as \u201cdeliberate\u201d, but Wise insists it was a matter of keeping his \u201cpersonal admin in order\u201d. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FCA could bar Kristo K\u00e4\u00e4rmann from senior role after claim he failed to pay \u00a3720,000 in tax FCA investigates Wise co-founder after tax default When the payments company Wise floated on the London Stock Exchange last summer it propelled its founders into the ranks of Britain\u2019s richest people. But Kristo K\u00e4\u00e4rmann, one of the Estonian &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/06\/27\/how-wise-co-founder-went-from-tech-darling-to-tax-list-of-shame\/\"> <span class=\"screen-reader-text\">How Wise co-founder went from tech darling to tax list of shame<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":6130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6129"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=6129"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6129\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/6130"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=6129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=6129"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=6129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}