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
The two nations have announced a deal to reduce tariffs - here's what you need to know.
Andrew Bailey says he does not take a view on Brexit, but reversing the post-Brexit hit to UK-EU trade would be "beneficial".
The BBC's Emma Simpson gets a rare glimpse behind the scenes of how the fashion brand operates.
The UK demanded in January that porn sites show how they were beefing up age verification to stop children accessing them.
An arctic vault holds digital back-ups of some of humanity's great works of art, history and technology.