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
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As the initial findings of the Post Office inquiry are released, sub-postmasters tell the BBC how they feel.
The US president reveals his poker "tell" by showing he is open to delays to secure trade deals.