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.
Intestacy is when someone dies without a legal Will in place. It's important to have a valid Will, to ensure control over your assets after your death, as this easy guide explains...
Our finances are something that massively influence our lives and conversations are critical to getting them into the best shape possible
UK News
Beijing's move comes after President Donald Trump imposed a 10% levy on goods imported from China.
Stuart Machin says the sector is facing a wave of tax rises and the government needs to "lighten the burden".
The deputy PM says she's "determined" to hit Labour's house-building target by the next election.
A rising number of adults are buying toys - we hear from so-called "kidults" who are splashing out thousands.
The Drax facility, which burns wood pellets, is required to report where it sources its wood from.