This document contains a short explanation of Capital Gains Tax, the allowances available in the 2023/24 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
Immigration minister says he has to look after taxpayers and reduce use of hotels for housing asylum seekers.
Internal Home Office figures include the costs of developing detention facilities, the BBC understands.
The 12-year-old, named locally as Sunnah Khan, died after an incident on Bournemouth beach.
Former PM is told his legal costs will not be covered if he tries to "undermine" government position.
Rain Newton Smith says she believes the CBI should survive ahead of vote of confidence at the group.