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
UK negotiators are working "flat out" to get a trade deal with the US, Chancellor Rachel Reeves says.
The comments from the US Treasury Secretary come as the trade war between the world's two biggest economies has escalated.
The meme coin's website says its 220 top investors will be invited to a gala event with the president.
Boeing's boss says it's looking to sell 50 more planes China has on order to other countries.
The government borrowed more than expected last year, placing more pressure on the public finances ahead of the full impact of US tariffs.