This document contains a short explanation of Capital Gains Tax, the allowances available in the 2020/21 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 same-sex couples to obtain essentially the same rights and responsibilities as marriage. 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
The new rules will apply from 24 July and those failing to comply will face a fine of up to £100.
MPs are calling for action to help so-called mortgage prisoners, including thousands of key workers.
The Ryanair flight was switched to Stansted Airport where police are carrying out checks.
The Duchess of Cambridge helps the BBC launch its new Tiny Happy People initiative to help under-fives.
More than 70 people have tested positive for coronavirus at the site in Herefordshire.