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.
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 eurozone's central bank makes its eighth cut but warns US tariffs will weigh on the economy.
The UK's statistics agency says April's inflation figure was too high after it was given incorrect road tax data.
The plane maker has agreed to pay $1.1bn to avoid prosecution over two fatal crashes that killed 346 people.
One retailer says it's the "biggest gaming pre-order ever" - but there questions over whether high prices will dent sales.
The Chancellor faces tough choices about spending across different government departments.