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
The possibility of a change of leadership in the UK has unsettled some investors and sent bond yields higher.
The effective closure of the Strait of Hormuz has severely disrupted global supplies of energy and petrochemicals.
From 12 May, only learner drivers can book their own tests, not instructors.
David Malpass also said that Beijing's claim to be a developing nation was no longer credible.
The lawsuit comes amid increased scrutiny over platform features like auto-play that deliver endless content to users.