Cryptocurrency Assets In Divorce Financial Settlement
Explore Cryptocurrency Challenges in Divorce Settlements: Unpredictable Assets & Legal Implications
Significant Changes to Capital Gains Tax – Will you be affected?
At the 2022 Autumn Statement, Chancellor Jeremy Hunt announced major changes to Capital Gains Tax to commence from April 2023. Whilst the changes will mean that landlords will end up paying more tax, the changes could significantly help divorcing couples.
Changes to Capital Gains Tax (CGT) on Divorce
Changes to Capital Gains Tax on divorce The government recently announced plans to relax the Capital Gains Tax (CGT) rules within divorce financial settlements. They have published a policy paper that stands to significantly improve the treatment of Capital Gains Tax for spouses and civil partners who are in the process of separating. HMRC stated […]
New No Fault Divorce
New divorce laws come into force on the 6th April. The Divorce, Dissolution and Separation Act 2020 will reform the law on divorce, dissolution, and separation. It will be replaced with a simple statement of irretrievable breakdown of the marriage.
The Impact On Family Law Due To The Pandemic
Many of the adverse effects of lockdown have been well documented throughout the pandemic, such as the financial implications on individuals and businesses alike, as well as reduced social contact leading to a rise in demand for mental health services. One thing that has gone under the radar is the rise in cases of domestic […]