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 bond markets selling UK debt, which the chancellor had spent months courting, reacted badly to her change of heart on income tax rises
Since 2017, some benefits have been limited when parents have a third child or more, so how does it work?
The executive order allowing products like coffee and bananas to escape tariffs comes as the Trump administration faces mounting pressure over rising prices.
US investment group RedBird Capital has abandoned its attempt to buy the UK newspaper.
The cyber-attack pushed the carmaker into the red after it was forced to shut down its production lines.