This document contains a short explanation of Capital Gains Tax, the allowances available in the 2024/25 tax year, and how you can use it in your year end tax planning.
General
This section contains miscellaneous & general financial information that you may find useful when dealing with certain life events.
Civil partnerships in the United Kingdom, granted under the Civil Partnership Act 2004, allow couples to obtain essentially the same rights and responsibilities as marriage. Initially the Act permitted only same-sex couples to form civil partnerships. This was altered to include opposite-sex couples in 2019. Though from March 2014 full same-sex marriage was legalised in England, Scotland and Wales, civil partnership remains available. Designed to be very much equivalent to marriage for same sex couples, a civil partnership carries both rights and responsibilities, in very broad terms, attracting the same legal and tax protections/advantages/disadvantages as a traditional marriage. This article explains further.
A short explanation of Inheritance Tax and how to plan for it in your tax planning.
UK News
A slowdown in manufacturing was one of the main reasons for the dip, the Office for National Statistics says.
Demand for the precious metal has surged amid economic uncertainty over the impact of the global trade war.
The electric carmaker’s warning about tariffs comes despite its boss's key position in the Trump administration.
Exclusive: Every McDonald's in Britain warned of legal action over failing to tackle staff sex abuse
The warning from the UK's equality watchdog comes after the "extremely serious" allegations uncovered by the BBC.
Labour MPs have been expressing unease about the proposed cuts to welfare, ahead of announcements next week.