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 cost of all-inclusive family package holidays to many popular destinations has risen this year.
The children of wrongly-accused subpostmasters faced trauma and hardship but are now being promised compensation.
According to reports a $3bn deal could be finalised this week, combining the two major food firms.
Trump accused Brazil of "attacks" on US tech companies and conducting a "witch hunt" against its former president Jair Bolsonaro.
The airport has commissioned a soundtrack recorded on site to reflect the "excitement" of waiting to board a flight.