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
It had been feared they might pull out after Transport Secretary Louise Haigh criticised the ferry firm and urged consumers to boycott the company.
The quizzing of Post Office chief executive Nick Read this week produced some key revelations.
The company says all jobs are at risk as it cuts 10% of its workforce.
A leading business group says firms are delaying decisions, wanting "more clarity" over the government's policies.
Complex rules leave many customers feeling caught out and annoyed they aren't made clearer by rail companies.