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Tax and Marital Status

crapwithcash82
crapwithcash82 Posts: 1,044 Forumite
Part of the Furniture 500 Posts Combo Breaker
in Cutting tax
I wondered if anyone can advise if tax differs depending on your marital status? I've heard various different opinions on this and just wondered if you do receive some sort of tax relief if you are married?

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    basically no

    there are a few benefits..
    no IHT between spouses but one needs to die before benefitting of course.
    can transfer assets without CGT being payable
  • margaretclare
    margaretclare Posts: 10,789 Forumite
    crapwithcash82 wrote: »
    I wondered if anyone can advise if tax differs depending on your marital status? I've heard various different opinions on this and just wondered if you do receive some sort of tax relief if you are married?

    You do if one of you was born before April 1935 - there's still the Married Tax Allowance which can be divided between you to set against individual income.

    Otherwise, no. Everybody gets their own Personal Allowance, married or not.
    [FONT=Times New Roman, serif]Æ[/FONT]r ic wisdom funde, [FONT=Times New Roman, serif]æ[/FONT]r wear[FONT=Times New Roman, serif]ð[/FONT] ic eald.
    Before I found wisdom, I became old.
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