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
Energy markets have been on a wild ride as the key Strait of Hormuz waterway remains effectively closed.
A new reviews confirms the high-speed rail line's "original sins" include a technical design, changing political priorities and ballooning costs.
Paddy Rodgers said the Observatory's rich history showed the power of human knowledge and the need to avoid "dependence" on AI.
The government is cracking down on third parties who use bots to buy tests and resell them at inflated prices.
The launch of a new £335 pocket watch has drawn criticism after queues of shoppers built up again.