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 EU is the destination for 78% of steel products made in the UK for overseas markets.
Lenders could pay out £8.2bn in compensation, which is less than the FCA had previously estimated.
Tesla unveils lower-cost models of two of its most popular cars in an effort to boost falling sales.
Asking family and friends for recommendations and using guidebooks remain popular ways to plan a holiday, according to a new report from APTA.
Plans to spend billions of dollars supporting farmers have frustrated many other kinds of businesses that have also been hurt by tariffs.