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 former leader of crypto platform FTX, currently serving a 25-year sentence, on Monday officially applied to be pardoned.
Firms will be expected to activate built-in features to stop children accessing sexually explicit images.
One simple check could ensure you are not missing out on free money which could help in later life.
Markets in Asia are hit by a tech sell-off, and oil is volatile as Iran and Israel launch attacks on each other.
The scheme aims to tackle the "growing challenge" of young people not in employment, education, or training.