Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Law definition

What does Law mean? In legal practice, Law describes the body of binding rules governing parties’ rights and obligations in the relevant jurisdiction(s). It is not a single statutory or case-law definition; in contracts it is a descriptive catch‑all used to capture all sources of applicable law. Law includes: (a) any primary or secondary legislation (including regulations, statutory instruments and byelaws) in force from time to time that applies to a party or to the place the Services are provided; (b) the common law and, where applicable, equity; (c) any binding court order, judgment or decree; (d) any applicable industry code,

UK family law tax essentials: income tax, CGT on separation/divorce, IHT, SDLT/LBTT/LTT, stamp duty and council tax

Published by a LexisNexis Family expert

Practice notes

This Practice Note outlines the key rules for taxing income, capital gains, lifetime gifts and estates on death (inheritance tax), together with stamp duty land tax, on the basis of an individual who is UK-resident and domiciled. As tax legislation is frequently amended, this note is not, and must not be, treated as a replacement for specific professional advice where required.

Income tax

Individuals are charged to income tax on their overall income, with distinct regimes applying to different income streams and to qualifying outgoings that can be set against that income. The main categories of income include:

pay from employment, or profits from a trade, profession or vocation (on which national insurance contributions are also due)
rents from furnished or unfurnished property or land
interest and dividend receipts
overseas income (which may already have suffered foreign tax)

A personal allowance is deducted from an individual’s total income before calculating the tax, provided their annual income (after deductions for pensions and gift aid donations) is below £100,000. This allowance is tapered by £1 for every £2 of income where income is up to £125,140 (£100,000 + (£12,570 (personal allowance) x 2)) in...

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David Salter

David Salter has enjoyed a varied career in family law with over 45 years’ experience. He served as National Head of Family Law at Addleshaw Goddard and, subsequently, as Joint National Head of Family Law at Mills & Reeve, retiring in 2018.From 1997-1999, David was Chairman of Resolution, also acting as the first Chairman of Resolution’s Accreditation Committee. He subsequently became President of the International Academy of Family Lawyers from 2010 to 2012, having previously served as the Academy's European Chapter President.He has sat in various part-time judicial posts since 1985 sitting regularly as a deputy High Court judge and Recorder in the Family Court until March 2022. He now conducts private financial dispute resolution appointments.David was one of the original members of the Family Procedure Rules Committee which framed the 2010 Rules, serving a ten-year term from 2004 to 2014.He is a...

Web page updated on 22/05/2026

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