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 Transport Secretary has announced new measures to tackle the continuing backlog of driving tests.
Many took aim at the high price online, while others made fun of its striking likeness to a piece of footwear.
The company plans to spend two-thirds of that to upgrade wiring and increase high-voltage grid capacity to get power from the north to customers in the south.
The brewer said the change could lead to cheaper pints.
Buy It Direct boss Nick Glynne said increased taxes on business in the UK had sped up the process.