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
Microsoft 365 and its Azure cloud computing platform are hit with DNS issues, similar to the recent AWS outage.
Central bank votes to lower cost of borrowing even as US government shutdown limits data for decision
The US chip-maker has rapidly climbed from a niche graphics-chip manufacturer to an AI titan.
The prime minister fails to repeat a promise not to raise income tax rates, VAT or National Insurance next month.
The beleaguered firm said it now plans to deliver 777X jets starting from 2027.