01237 423363 | advice@croftifa.com

General

This section contains miscellaneous & general financial information that you may find useful when dealing with certain life events.


Capital Gains Tax (CGT)

Capital Gains Tax (CGT)

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.

Civil Partnerships

Civil Partnerships

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.

Inheritance Tax

Inheritance Tax

A short explanation of Inheritance Tax and how to plan for it in your tax planning.

UK News

The move will affect two million of the lowest-paid workers, the chancellor will tell the Tory conference.
The PM says his focus is easing living costs, amid Tory unrest on day one of the party's conference.
The prime minister again refuses to say if high speed rail link will run from Birmingham to Manchester.
Jessica Baker, 15, and driver Stephen Shrimpton died when the school coach overturned.
Dale Houghton, 31, from Rotherham, will appear in court on Monday and faces a football banning order.