{"id":172138,"date":"2025-12-08T20:25:42","date_gmt":"2025-12-08T19:25:42","guid":{"rendered":"https:\/\/www.financial-news.co.uk\/?p=172138"},"modified":"2025-12-08T20:25:42","modified_gmt":"2025-12-08T19:25:42","slug":"taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht","status":"publish","type":"post","link":"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/","title":{"rendered":"TaxTec Reports Japanese Investors Are Forgoing 43 Basis Points in Returns Due to Unreclaimed WHT"},"content":{"rendered":"<p class=\"sc-FeKFz hYlDaj\"><span><strong>London, United Kingdom, December 8th, 2025, FinanceWire<\/strong><\/span><\/p>\n<p><\/p>\n<ul>\n<li>Japanese investment in European stocks remains strong.<\/li>\n<li>Yet in ~20% of cases, withheld tax on dividends from those shares is not being reclaimed, according to long-term TaxTec research.<\/li>\n<li>A new TaxTec study reveals basis point impact where Japanese investors\u2019 withholding tax is not reclaimed on European securities.<\/li>\n<\/ul>\n<p><a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/taxtec.co.uk\/\">TaxTec<\/a> reports that long-range research has identified a significant shortfall in withholding tax (WHT) reclamation by Japanese investors. As of 2024\u201325, just under 20% of reclaimable WHT worldwide remains unreclaimed, an amount estimated by TaxTec at approximately USD 16 billion.<\/p>\n<p>In many cases, the proportion of withheld tax on European dividends that can be reclaimed by Japanese investors is substantial. The reasons, historically, for non-reclamation have been that the process is extremely complex and bureaucratic. However, the emergence of automated and AI-enabled services to reclaim WHT has rendered that argument null and void.<\/p>\n<p>To provide a benchmark for Japanese investors and their service providers to broadly assess\u00a0the impact of unreclaimed WHT on European holdings, TaxTec conducted research using the MSCI Europe Index as a proxy for Japanese investors\u2019 European equity portfolios.<\/p>\n<p>Using TaxTec\u2019s proprietary data and insight, this latest analysis assessed the structure of a \u2018typical\u2019 European fund\/portfolio for reclaimable WHT.\u00a0The assessment took into account the specific domicile of each component equity, its weighting within the index, and the detailed withholding and reclaim rates in each case.<\/p>\n<p>Findings show that when WHT is not reclaimed, Japanese investors forgo approximately 43 basis points of rightful returns. Considering the trailing dividend profile of European equities, effective tax reclamation represents more than 10% of total dividend returns.<\/p>\n<blockquote><p><a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/www.linkedin.com\/in\/stephen-everard\/\"><strong>Stephen Everard, CEO, TaxTec<\/strong><\/a><strong>, <\/strong>comments, \u201cJapanese investors have very substantial equity holdings in Europe delivering strong dividend returns. While some leading custodians deal with tax reclamation on this dividend stream efficiently and effectively, this is by no means universal. With the availability of automated services to manage the complexities of WHT reclaims, institutional investors and their service providers now have the tools they need to maximize investors\u2019 rightful returns.\u201d<\/p><\/blockquote>\n<p><strong>Users can find the complete report, How Much Are Japanese Investors Losing?, <\/strong><a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/taxtec.co.uk\/news\/how-much-are-japanese-investors-losing\/\"><strong>here<\/strong><\/a><strong>.\u00a0<\/strong><\/p>\n<p><strong>About TaxTec<\/strong><\/p>\n<p>Founded in 2023, <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/taxtec.co.uk\/\">TaxTec<\/a> is revolutionizing tax recovery for institutional investors and their agents. Utilizing the latest AI-enabled digital technology, a highly automated global tax recovery proposition, and a client-centric service model maximizes reclaim opportunities for the clients across all major markets. TaxTec clients recover more tax at a lower cost, enhancing investment returns.<\/p>\n<p>For more information, users can visit<strong> <\/strong><a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/taxtec.co.uk\/\"><strong>taxtec.co.uk<\/strong><\/a><\/p>\n<h5>Contact<\/h5>\n<p><span><strong>Sarah Nurgat<\/strong><br \/><\/span><span><strong>ThoughtSpark<\/strong><br \/><\/span><span><strong>sarah@thoughtsparkagency.com<\/strong><br \/><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>London, United Kingdom, 8th December 2025, FinanceWire<\/p>\n","protected":false},"author":42,"featured_media":172137,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20490],"tags":[],"class_list":{"0":"post-172138","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-press-release"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TaxTec Reports Japanese Investors Are Forgoing 43 Basis Points in Returns Due to Unreclaimed WHT - Financial News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TaxTec Reports Japanese Investors Are Forgoing 43 Basis Points in Returns Due to Unreclaimed WHT - Financial News\" \/>\n<meta property=\"og:description\" content=\"London, United Kingdom, 8th December 2025, FinanceWire\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/financialnewsUK\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-08T19:25:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financial-news.co.uk\/wp-content\/uploads\/2025\/12\/TaxTec_1765204894EqdPMGpCXp.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1625\" \/>\n\t<meta property=\"og:image:height\" content=\"1152\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"financewire\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@financialnewsuk\" \/>\n<meta name=\"twitter:site\" content=\"@financialnewsuk\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"financewire\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/\"},\"author\":{\"name\":\"financewire\",\"@id\":\"https:\/\/www.financial-news.co.uk\/#\/schema\/person\/3b2b66857113274b0d7a4f39601d4ce4\"},\"headline\":\"TaxTec Reports Japanese Investors Are Forgoing 43 Basis Points in Returns Due to Unreclaimed WHT\",\"datePublished\":\"2025-12-08T19:25:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/\"},\"wordCount\":432,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.financial-news.co.uk\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.financial-news.co.uk\/wp-content\/uploads\/2025\/12\/TaxTec_1765204894EqdPMGpCXp.jpg\",\"articleSection\":[\"Press Release\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/\",\"url\":\"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/\",\"name\":\"TaxTec Reports Japanese Investors Are Forgoing 43 Basis Points in Returns Due to Unreclaimed WHT - Financial News\",\"isPartOf\":{\"@id\":\"https:\/\/www.financial-news.co.uk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.financial-news.co.uk\/wp-content\/uploads\/2025\/12\/TaxTec_1765204894EqdPMGpCXp.jpg\",\"datePublished\":\"2025-12-08T19:25:42+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#primaryimage\",\"url\":\"https:\/\/www.financial-news.co.uk\/wp-content\/uploads\/2025\/12\/TaxTec_1765204894EqdPMGpCXp.jpg\",\"contentUrl\":\"https:\/\/www.financial-news.co.uk\/wp-content\/uploads\/2025\/12\/TaxTec_1765204894EqdPMGpCXp.jpg\",\"width\":1625,\"height\":1152},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.financial-news.co.uk\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TaxTec Reports Japanese Investors Are Forgoing 43 Basis Points in Returns Due to Unreclaimed WHT\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.financial-news.co.uk\/#website\",\"url\":\"https:\/\/www.financial-news.co.uk\/\",\"name\":\"Financial News\",\"description\":\"Reliable, up-to-date source for financial news distribution and PR. Find the latest news on insurance, banking, property and mortgages and more.\",\"publisher\":{\"@id\":\"https:\/\/www.financial-news.co.uk\/#organization\"},\"alternateName\":\"financial-news.co.uk\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.financial-news.co.uk\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.financial-news.co.uk\/#organization\",\"name\":\"Financial News\",\"alternateName\":\"financial-news.co.uk\",\"url\":\"https:\/\/www.financial-news.co.uk\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.financial-news.co.uk\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.financial-news.co.uk\/wp-content\/uploads\/2024\/10\/cropped-fav.png\",\"contentUrl\":\"https:\/\/www.financial-news.co.uk\/wp-content\/uploads\/2024\/10\/cropped-fav.png\",\"width\":512,\"height\":512,\"caption\":\"Financial News\"},\"image\":{\"@id\":\"https:\/\/www.financial-news.co.uk\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/financialnewsUK\",\"https:\/\/x.com\/financialnewsuk\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.financial-news.co.uk\/#\/schema\/person\/3b2b66857113274b0d7a4f39601d4ce4\",\"name\":\"financewire\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.financial-news.co.uk\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7399f5055a85aeb9fce2b9be35e7b9d78046f1e502a45143a33b23fcccdc91e4?s=96&d=blank&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7399f5055a85aeb9fce2b9be35e7b9d78046f1e502a45143a33b23fcccdc91e4?s=96&d=blank&r=g\",\"caption\":\"financewire\"},\"sameAs\":[\"https:\/\/financewire.com\"],\"url\":\"https:\/\/www.financial-news.co.uk\/author\/financewire\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"TaxTec Reports Japanese Investors Are Forgoing 43 Basis Points in Returns Due to Unreclaimed WHT - Financial News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/","og_locale":"en_GB","og_type":"article","og_title":"TaxTec Reports Japanese Investors Are Forgoing 43 Basis Points in Returns Due to Unreclaimed WHT - Financial News","og_description":"London, United Kingdom, 8th December 2025, FinanceWire","og_url":"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/","og_site_name":"Financial News","article_publisher":"https:\/\/www.facebook.com\/financialnewsUK","article_published_time":"2025-12-08T19:25:42+00:00","og_image":[{"width":1625,"height":1152,"url":"https:\/\/www.financial-news.co.uk\/wp-content\/uploads\/2025\/12\/TaxTec_1765204894EqdPMGpCXp.jpg","type":"image\/jpeg"}],"author":"financewire","twitter_card":"summary_large_image","twitter_creator":"@financialnewsuk","twitter_site":"@financialnewsuk","twitter_misc":{"Written by":"financewire","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#article","isPartOf":{"@id":"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/"},"author":{"name":"financewire","@id":"https:\/\/www.financial-news.co.uk\/#\/schema\/person\/3b2b66857113274b0d7a4f39601d4ce4"},"headline":"TaxTec Reports Japanese Investors Are Forgoing 43 Basis Points in Returns Due to Unreclaimed WHT","datePublished":"2025-12-08T19:25:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/"},"wordCount":432,"commentCount":0,"publisher":{"@id":"https:\/\/www.financial-news.co.uk\/#organization"},"image":{"@id":"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#primaryimage"},"thumbnailUrl":"https:\/\/www.financial-news.co.uk\/wp-content\/uploads\/2025\/12\/TaxTec_1765204894EqdPMGpCXp.jpg","articleSection":["Press Release"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/","url":"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/","name":"TaxTec Reports Japanese Investors Are Forgoing 43 Basis Points in Returns Due to Unreclaimed WHT - Financial News","isPartOf":{"@id":"https:\/\/www.financial-news.co.uk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#primaryimage"},"image":{"@id":"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#primaryimage"},"thumbnailUrl":"https:\/\/www.financial-news.co.uk\/wp-content\/uploads\/2025\/12\/TaxTec_1765204894EqdPMGpCXp.jpg","datePublished":"2025-12-08T19:25:42+00:00","breadcrumb":{"@id":"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#primaryimage","url":"https:\/\/www.financial-news.co.uk\/wp-content\/uploads\/2025\/12\/TaxTec_1765204894EqdPMGpCXp.jpg","contentUrl":"https:\/\/www.financial-news.co.uk\/wp-content\/uploads\/2025\/12\/TaxTec_1765204894EqdPMGpCXp.jpg","width":1625,"height":1152},{"@type":"BreadcrumbList","@id":"https:\/\/www.financial-news.co.uk\/taxtec-reports-japanese-investors-are-forgoing-43-basis-points-in-returns-due-to-unreclaimed-wht\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.financial-news.co.uk\/"},{"@type":"ListItem","position":2,"name":"TaxTec Reports Japanese Investors Are Forgoing 43 Basis Points in Returns Due to Unreclaimed WHT"}]},{"@type":"WebSite","@id":"https:\/\/www.financial-news.co.uk\/#website","url":"https:\/\/www.financial-news.co.uk\/","name":"Financial News","description":"Reliable, up-to-date source for financial news distribution and PR. Find the latest news on insurance, banking, property and mortgages and more.","publisher":{"@id":"https:\/\/www.financial-news.co.uk\/#organization"},"alternateName":"financial-news.co.uk","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.financial-news.co.uk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.financial-news.co.uk\/#organization","name":"Financial News","alternateName":"financial-news.co.uk","url":"https:\/\/www.financial-news.co.uk\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.financial-news.co.uk\/#\/schema\/logo\/image\/","url":"https:\/\/www.financial-news.co.uk\/wp-content\/uploads\/2024\/10\/cropped-fav.png","contentUrl":"https:\/\/www.financial-news.co.uk\/wp-content\/uploads\/2024\/10\/cropped-fav.png","width":512,"height":512,"caption":"Financial News"},"image":{"@id":"https:\/\/www.financial-news.co.uk\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/financialnewsUK","https:\/\/x.com\/financialnewsuk"]},{"@type":"Person","@id":"https:\/\/www.financial-news.co.uk\/#\/schema\/person\/3b2b66857113274b0d7a4f39601d4ce4","name":"financewire","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.financial-news.co.uk\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7399f5055a85aeb9fce2b9be35e7b9d78046f1e502a45143a33b23fcccdc91e4?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7399f5055a85aeb9fce2b9be35e7b9d78046f1e502a45143a33b23fcccdc91e4?s=96&d=blank&r=g","caption":"financewire"},"sameAs":["https:\/\/financewire.com"],"url":"https:\/\/www.financial-news.co.uk\/author\/financewire\/"}]}},"jetpack_featured_media_url":"https:\/\/www.financial-news.co.uk\/wp-content\/uploads\/2025\/12\/TaxTec_1765204894EqdPMGpCXp.jpg","_links":{"self":[{"href":"https:\/\/www.financial-news.co.uk\/wp-json\/wp\/v2\/posts\/172138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.financial-news.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.financial-news.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.financial-news.co.uk\/wp-json\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/www.financial-news.co.uk\/wp-json\/wp\/v2\/comments?post=172138"}],"version-history":[{"count":1,"href":"https:\/\/www.financial-news.co.uk\/wp-json\/wp\/v2\/posts\/172138\/revisions"}],"predecessor-version":[{"id":172139,"href":"https:\/\/www.financial-news.co.uk\/wp-json\/wp\/v2\/posts\/172138\/revisions\/172139"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.financial-news.co.uk\/wp-json\/wp\/v2\/media\/172137"}],"wp:attachment":[{"href":"https:\/\/www.financial-news.co.uk\/wp-json\/wp\/v2\/media?parent=172138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.financial-news.co.uk\/wp-json\/wp\/v2\/categories?post=172138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.financial-news.co.uk\/wp-json\/wp\/v2\/tags?post=172138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}