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.
A short explanation of Inheritance Tax and how to plan for it in your tax planning.
UK News
Iran's Press TV had earlier reported that parliament had approved a plan to close the Strait.
Conflict in the Middle East often leads to higher energy prices, which can feed through to inflation.
Plans to cut energy bills by up to 25% for more than 7,000 UK businesses is announced alongside other plans to boost growth.
Tesla hopes to rival firms already offering driverless ride-hailing in the US and around the world, such as Waymo, Zoox and Baidu.
Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.