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
Higher interest payments offset increased revenue from tax and national insurance, the UK statistics body says.
The chancellor acknowledged that for many people the economy was "not working as it should" and said the reforms would boost growth.
Administrators said the business had been hit by "challenging trading conditions and increased costs".
Platform outage checker Downdetector said the issues have impacted more than 1,000 different businesses.
Tariffs on furniture and lumber could intensify the US housing market's woes and push up prices.