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
As the government outlines its spending plans, people with a range of incomes tell us where they think the money should go.
The employment market is "weakening" official figures suggest, as cautious businesses delay recruitment.
The future for EVs will inevitably involve China. But where does that leave the UK and Europe markets – and what of the questions around national security?
The media giant will separate its studio and streaming business away from its cable TV networks.
The chancellor calls it a "landmark decision" but critics say the cost of the project is still unclear.