A short explanation of Inheritance Tax and how to plan for it in your 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.
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
The president says the US has been "pillaged, raped and plundered" for years by international trade partners.
Business in England, Scotland, Wales and Northern Ireland tell us what US tariffs could mean for them.
Economists say the president's import taxes could result in higher prices for a range of products in the US.
The UK has been hit with 10% tariffs by the US, but there is uncertainty of the impact of them.
The car maker's sales slide has been attributed to competition and controversy around its boss.