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
Doctors reprogrammed eight-year-old Aditi's immune system so she does not need daily anti-rejection drugs.
The chancellor says the cost of public debt has left him with some "very difficult decisions".
The incident, which happened in Los Angeles in 2008, is the first time Brand has been heard publicly admitting sexual misconduct.
The changes could prevent a repeat of the mistakes made in Liz Truss's mini-budget, the party says.
Sheffield United say they are "devastated" by the death of midfielder Maddy Cusack aged 27.