This document contains a short explanation of Capital Gains Tax, the allowances available in the 2023/24 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
Companies want customers to pay up to £84 a year more in 2025, rising to £156 extra by 2030.
Dame Sharon White will leave after five years, making her the shortest-serving chair in the retailer's history.
The move will affect two million of the lowest-paid workers, the chancellor will tell the Tory conference.
The head teacher of Calday Grange Grammar says there is "angst about travelling to school".
Detectives continue to investigate after the world-famous Hadrian's Wall tree was cut down.