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
Stress and anxiety among those with debts remains high but help is available, a major survey finds.
The world's largest cloud computing company plans to spend £8bn on new data centres in the UK over the next four years.
Nissan announced this week that it would lay off another 11,000 workers and shut seven factories.
The lobby group calls for travel restrictions to be eased and less red tape between the UK and EU.
A cross-party committee says farmers have lost trust in the government over its policies.