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 company's founder gave a wide-ranging interview about its rise and fall.
The struggling budget chain was sold to a private equity firm for £1 earlier this year.
Trump says he will sack a US central bank governor. Why does the independence of the Fed matter?
The central bank governor says the US president "has no authority to do so" in defiance of Trump's escalatory move against the Fed.
President Trump takes aim at Lisa Cook, a central bank official - we unpack what it all means.