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Category: checks

  • EU set to tighten customs checks for online retailers in crackdown on unsafe goods

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    Investor Empires

    Online platforms, including China and TEMU, are restored to more rigorous customs controls after the European Commission pledged to stop the flow of what you call “dangerous products” to the European Union markets. Many billions of low -value goods that reach every year are not compatible with the bloc regulations,…

  • New tax checks on side hustles like eBay and Vinted risk confusion over different reporting periods

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    Investor Empires

    HM Revenue & Customs is stepping up its scrutiny of “side hustle” earnings, requiring online platforms such as eBay, Vinted and Airbnb to provide information on users’ 2024 income by the end of this month. However, concerns have been raised that the discrepancy between the UK tax year (April to…

  • Why Delaying Retirement for Bigger Social Security Checks May Backfire

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    Investor Empires

    Working longer to maximize Social Security would cause most workers to fail The idea of ​​working longer before claiming Social security Benefits sound like a great retirement strategy. Staying employed means you can maximize your eventual benefits, continue saving for retirement and avoid tapping your investments for living expenses. There’s…

  • Banks to gain new powers to freeze large payments for fraud checks

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    Investor Empires

    UK banks are soon set to get new powers to freeze large payments for up to four days as part of updated fraud prevention measures due to come into force this autumn. The changes come ahead of a new anti-fraud regime coming into effect on October 7, which will require…

  • CrowdStrike update that caused global outage likely skipped checks, experts say By Reuters

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    Investor Empires

    Written by Ziba Siddiqui SAN FRANCISCO (Reuters) – A routine update by CrowdStrike Inc (NASDAQ: CST) to its widely used cybersecurity software that caused its clients’ computer systems to crash worldwide on Friday did not appear to have undergone adequate quality checks before it was deployed, security experts said. The…

  • Brexit Checks Could Inflate UK Food Import Costs by Up to 60%, Warn Importers

    Brexit Checks Could Inflate UK Food Import Costs by Up to 60%, Warn Importers

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    bitlyfool

    UK food importers are sounding the alarm over post-Brexit checks, warning of potential cost increases of up to 60%, which could lead to higher prices for consumers and pose existential threats to some businesses. After five previous delays, the UK government implemented physical checks on animal and plant products coming…