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.
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
Airport boss Thomas Woldbye apologises to the passengers whose journeys were disrupted last month.
The BBC’s economics editor Faisal Islam explains why a US tariff on goods imported into America is such a big deal for both consumers and countries.
The president is expected to unveil details of his plans for a wider set of import taxes. But what tariffs and when?
US President Donald Trump is expected to announce a new round of tariffs later on Wednesday.
Helsinki has become one of the top five cities in Europe for investment in defence and security technologies.