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.
UK News
Two-bedroom flats were listed for 35 days before the pandemic, but the average has dropped to 25 days.
Royal Mail's owner IDS said it had received a revised proposal of 370p a share from a Czech billionaire.
Consumer prices in the US rose 3.4% over the 12 months to April, easing from 3.5% a month earlier.
Patrick Bourke said he now regretted describing sub-postmasters as self-indulgent "malcontents".
From being first in the queue to being more flexible, here are some tips on how to get ahead in the rental race.