A short explanation of Inheritance Tax and how to plan for it in your 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.
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.
UK News
The prime minister also tells a major business summit he will scrap regulation that "holds back investment".
Revolut was named in more complaints about fraud last year than any of the UK’s biggest banks or e-money services.
The boss of the UK's biggest lender says mortgage costs are unlikely to fall to levels seen in the past decade.
The BBC's Pallab Ghosh explores why this world first test is a big deal for space exploration.
Here is how the chancellor could choose to tweak the government's borrowing rules to free up more cash.
