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
A case over the US tech giant's dominance in search allows it to hang on to its Chrome web browser.
Sources close to the deal accept that the government needs to be seen to be tough with the company.
The interest rate on UK 30-year bonds hits the highest since 1998 as concerns over the economic outlook continue.
The cost of government borrowing has risen again - what does it mean for the public finances and upcoming Budget?
World Liberty Financial, launched by the Trumps during the presidential campaign, begins trading.