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 Bank rate was cut in August but many analysts do not expect any further reductions this year.
The UK government is calling this the largest commercial deal of its kind and expects it to create more than 7,600 "high-quality jobs".
The event comes as Meta faces ongoing scrutiny over the impact of its products, particularly on children.
They accuse the manufacturers of doing "nothing" despite being aware of the plane's risks.
Borrowing costs are not guaranteed to come down much more than they already have, even after this week's rate cut.