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
Prices are now rising slightly quicker than expected and at their fastest pace since last January.
The TV ad depicted two black models with skin problems and a white model without.
The potential deal could involve swapping government grants for shares in the chip making giant.
There are almost 720,000 empty homes in England. And many more on social housing waiting lists - so why aren't we better using one to help solve the other, and is it a case of a missed opportunity?
More than 23 million coins are being released, alongside 7.5 million new King Charles III coins.