This document contains a short explanation of Capital Gains Tax, the allowances available in the 2025/26 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
Increased tax receipts were outstripped by higher spending on public services, benefits and debt interest, latest figures show.
Experts tell the BBC what a final deal might look like, and what Beijing might get in return.
The Bank of England governor warns "we're not out of the woods yet" in terms of rising inflation.
US regulators accuse the companies of illegal ticket resale tactics costing consumers millions of dollars.
The two also commit to a shared partnership with the US ahead of a review of a key North American free trade agreement.