Historically, married couples and those in civil partnerships have been in a more tax privileged position – such as with income, capital gains and inheritance tax – than those couples who cohabit. Many see this, understandably, as outdated and unfair, and the recent challenge of the Marriage Allowance by Labour also reflects this view.
There is an abundance…
FULL ARTICLE – https://www.retirement-planner.co.uk/238595/neil-macgillivray-will-hitched-couples-tax-advantages-go-the-distance?utm_medium=email&utm_content=&utm_campaign=RP.Weekly.EU.A.U&utm_source=RP.DCM.Editors_Updates&utm_term=
Article originally published by ‘Retirement Planner’ on behalf of Neil MacGillivray (Head of technical support at James Hay). Greenfields Financial Management is not responsible for its content or accuracy and may not share the author’s views. News and research are not personal recommendations to undertake financial decisions.