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
Independent retailer Goran Raven says the higher oil price is "horrific" for him as well as his customers.
Rachel Reeves says the Treasury is also looking at "different options" to help households most vulnerable to soaring energy bills.
Jeanine Pirro said she would appeal the ruling, which blocks the subpoenas she issued to the central bank.
They briefly threatened to pull out of a government meeting, accusing ministers of using "inflammatory language" over rising fuel prices.
The US said easing sanctions on Russian oil would provide only a limited financial boost to Putin.