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.
The Financial Conduct Authority (FCA) does not regulate Taxation and Trust Advice, some Buy to Let Mortgages, Estate Planning or Inheritance 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 struggling High Street retailer had warned it would run out of cash by the end of August.
The trend is down to people trying to save money and make the most of hot weather, travel firms say.
The rubber clog-maker claims it is competing with a "clear athletic trend" ahead of the World Cup.
Gina Carano sued for wrongful termination with the support and funding of billionaire Elon Musk.
The unusual demand adds to challenges facing the firm, which has been seen as falling behind in the chip race.