This document contains a short explanation of Capital Gains Tax, the allowances available in the 2022/23 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 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
Kwasi Kwarteng is expected to make a statement on scrapping the 45p rate of income tax in the next hour, 10 days after it was announced.
The owner of the UK's biggest power station, Drax, is cutting down key forests in Canada.
They will make their first joint public appearance since the period of royal mourning ended.
Young people with cancer say they are struggling with rent and bills because of soaring living costs.
Cardiff Rugby says it is aware of an "alleged incident" at a city centre pub involving its players.