unmarried / 1 posts found

Unmarried couples to qualify for spousal tax breaks?

by mike tombs
in Tax
Comments are off for this post.
In a landmark decision, the Supreme Court has ruled that discriminating on the basis of sexual orientation, or a decision to live together rather than marry, is a breach of human rights.   Presently, couples need to be in a formal civil partnership or married to be able to claim the raft of tax benefits available. These advantages include:   Transfers of chargeable assets between civil partners and married couples is free of capital gains tax and inheritance tax. In appropriate circumstances spare personal allowances can be transferred from one partner to the other.   In the case taken to [...]