Reimbursement lottery for bank transfer scam victims must end, says Which? 08/07/2021, 12:04 am
People who are tricked into transferring money to a fraudster should have similar protections to crime victims whose money is stolen from their bank account without their knowledge, according to Which? (Tim Goode/PA)
People who are tricked into transferring money to a fraudster should have similar protections to crime victims whose money is stolen from their bank account without their knowledge, according to Which?
The consumer group argued that the way banks apply a voluntary reimbursement code when people are tricked into making an authorised bank transfer to a fraudster is “riddled with chronic problems”, and victims are not getting the safeguards they need.
DEBATE: Do banks still need a high-street presence? cityam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityam.com Daily Mail and Mail on Sunday newspapers.
Submitting.
The value of the property when we inherited it was around £330,000, and my local estate agent thinks we’ll get around £400,000. I haven’t done any structural work to it, and I never lived in it – it was my mother’s home and I had long-since fled the nest by the time she bought it.
I suspect we’ll have to pay capital gains tax on it. How do I work this out?
Gareth says…
You don’t have to pay capital gains tax when you inherit or are gifted a property, but you are right that this tax is triggered when you come to dispose of the property.
Charity wants government to make banks guarantee access to cash for all Being cut off from cash and banking services is tantamount to being excluded from society, it says
Which? has signed up thousands of shops to a pledge to continue to accept cash
It wants the FCA to monitor cash acceptance to see if further action is needed
One in five shoppers said they have been barred from using real money since lockdown, according to a Money Mail survey last week