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General Chat Thread, Married persons tax allownace? in General; When is the married person tax allowance coming back?...
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    nicholab's Avatar
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    Married persons tax allownace?

    When is the married person tax allowance coming back?

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    teejay's Avatar
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    Be a while by the sounds of it, the priority has gone to raising the minimum threshold for tax to £10k. There will probably be some tiny married couples allowance but just as a token jesture atm to fulfill the manifesto pledge.

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    torledo's Avatar
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    Quote Originally Posted by teejay View Post
    Be a while by the sounds of it, the priority has gone to raising the minimum threshold for tax to £10k. There will probably be some tiny married couples allowance but just as a token jesture atm to fulfill the manifesto pledge.
    the allowance was to be a tiny, token gesture anyway!!

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    teejay's Avatar
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    Quote Originally Posted by torledo View Post
    the allowance was to be a tiny, token gesture anyway!!
    Yes, but its now likely to be even smaller than the small token gesture!!

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    Since the married persons allowance is worth only £150 pa and the average cost of a wedding £11 000, we'll only have to stay married for just over 73 years for it to be worthwhile...

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    teejay's Avatar
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    Quote Originally Posted by timzim View Post
    Since the married persons allowance is worth only £150 pa and the average cost of a wedding £11 000, we'll only have to stay married for just over 73 years for it to be worthwhile...
    Followed by the cost of the divorce caused by spending so much on the wedding that you and the parents are saddled with a mountain of debt.

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    daz666's Avatar
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    Its about time single people got tax credits....

  8. Thanks to daz666 from:

    ButterflyMoon (14th May 2010)

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    You do, it's called working tax credit

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    daz666's Avatar
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    not if you earn over fourteen thousand

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    ButterflyMoon (14th May 2010)

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    Married couples allowance will only apply to basic rate taxpayers earning under £44,000 where one partner does not use their full personal tax-free income allowance - i.e. if your wife/husband goes to work as well as you then you both get nothing.

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    Sarconia's Avatar
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    11k for the average wedding... *falls over and dies at the cost*

    I doubt many couples will actually get it though, I dont think I know any married couples where only one of them works... even the ones who have kids, they both work.

  14. #12

    SimpleSi's Avatar
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    ..so don't hold your breath (or plan on a big spend )

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    synaesthesia's Avatar
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    People could just not spent 11k on a wedding

    Mine was under 900 quid

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    Quote Originally Posted by synaesthesia View Post
    People could just not spent 11k on a wedding
    i agree - there are plenty of ways of having what you want at a fraction of the cost

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    Quote Originally Posted by daz666 View Post
    Its about time single people got tax credits....
    This.... I understand that £44K is the max allowed but thats still 22K each... and you still get to share utility bills, Council Tax etc etc

    Why married people need a tax allowance is beyond me...

    I earn under 20K and pay silly amounts of Tax and my student loan,.... I also pay someone called NIC an awful lot of money I'm a single guy so I don't get to share the cost of anything


    P.S I'm the first one to admit that if I was married I'd be all for it... I'm very realistic when it comes to which party I will vote for in that I only look at who will save me the most money (unless it's the BNP or the like)
    Last edited by mossj; 14th May 2010 at 12:37 PM.

  18. Thanks to mossj from:

    ButterflyMoon (14th May 2010)

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