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
An ageing population, climate change and geopolitical tensions all add pressure to the public finances, a report says.
Petroineos said the closure of Grangemouth was due to it being unable to compete with more modern foreign sites.
The row erupted when Tesco proposed firing staff at some distribution centres and rehiring them on lower pay.
Chemists, pubs and banks made up half of High Street closures in the first six months of 2024, data suggests.
Sales at its department stores fell in what it calls a "challenging market", but revenues at Waitrose grew.