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.
The Financial Conduct Authority does not regulate taxation and trust advice.
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
From 12 May, only learner drivers can book their own tests, not instructors.
David Malpass also said that Beijing's claim to be a developing nation is no longer credible.
The steelworks has been under government control for almost a year, but leglistation to nationalise it will be put forward this week.
All existing tariffs will be honoured in full under a planned deal that could create one of Britain's largest energy suppliers.
A total of 17 US executives are set to join the president on his visit, where he will meet his Chinese counterpart Xi Jinping.