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.
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 first facelift in more than 50 years signals the possible end of historical figures on notes.
The bank is set to be integrated into Santander UK which has said there could be job cuts.
MPs approved the Universal Credit and Personal Independence Payment Bill but only after ministers made big changes.
Vice-President JD Vance casts the tie-breaking vote after more than 24 hours of intense debate, sending the bill back to the House.
The airline was hit by a cyber attack on a platform storing names, email addresses and phone numbers.