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
The EV maker slashes more jobs and brings forward new models as profits drop by more than half.
Nick Read repeatedly made threats to resign over the issue, former Post Office HR chief claims.
A decision to use "less emotive" words for problems with Horizon is called "Orwellian", inquiry hears.
Air traffic control boss says last summer's outage would have been worse if staff had not worked remotely.
Rising oil prices have lifted the cost of filling up but it may prove short-term, claim experts.