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.
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.
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.
UK News
The trend is down to people trying to save money and make the most of hot weather, travel firms say.
The president signs an order aimed at expanding the kinds of investments allowed in retirement accounts.
The firms says it expects revenue for the three months to the end of August to fall by about 10% compared with last year.
The unusual demand adds to challenges facing the firm, which has been seen as falling behind in the chip race.
The Bank of England cuts its key rate to 4%, the fifth reduction since August last year.