Tax Benefits for Married Couples?
 

Does anyone know of what benefits married couples get? I tried the Inland Revenue website and it's a pile of cack (not the benefits but the website)!

None unless you are over 65.

Even capital gains tax?

Thought you meant PAYE

CG
Married couples can give each other financial assets of any size without having to worry about getting hit for any capital gains tax.

IHT
A spouse can inherit an estate of any value from the partner to whom they are (or rather, were) married without incurring any inheritance tax (as long as both are domiciled in the UK).

Cheers mate...so no point getting married for tax saving then!

IIRC they binned that about 5yrs ago'ish, i.e. just before I got hitched :(

John.

Akshay, mate, it's a Labour government... Whats yours is everybodys mate ;)

It's the Working Family Tax Credit now - you can claim back tax you've already paid if you have kiddies - married or not.

and they reduce it to a pittance!!!!!


from 900 to 450 my wifes wages have gone down, mine up, but the overall amount is the same..

but billy liar halves it for some reason

money grabbing kin btds

mart

Yes - I like to give my wife a sizeable asset as often as possible.......;)

LOL

Yup, the married couples allowance got chucked 1st April 2000. We got married 6 days before - did that all wrong!

they reduced our working tax credits to 0 not happy at all the missus now only gets money from her wages as a shelf stacker in the evenings going to try and appeal

We have done the marriage thing to death on here and have concluded that there are absolutely no benefits to getting married, financial or otherwise! ;)

I beg to differ, I know how much he's worth ;) :D

Sorry, I forget to add the condition: "if you are male" ;)

:D

ajm - you cynic ;) :D

Spot on though in this case, whatever you want to call him.

Absolutely bang on. For blokes it's like financial suicide.