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 government has been urged to "act fast" to protect hundreds of jobs following the cyber attack.
A report from Policy in Practice says awareness, complexity and stigma are the main barriers stopping people claiming.
Its decision comes as the industry says there is a lack of government investment and as the US pressures firms to invest there.
The economy failed to grow following the biggest contraction in manufacturing output for a year.
Media and some protesters gather at the airport as more than 300 workers detained in the US last week return.