Married couples allowance (tax releif)
Married couples allowance (tax releif)
Author
Discussion

528Sport

Original Poster:

1,464 posts

264 months

Thursday 21st January 2010
quotequote all
What are the views on this?
Good or bad idea?
I heard a news story were some middle aged divorcee complained it discriminated against single parents. My thoughts are that single families are helped out with the working/child tax credit system.

Would it make you vote for a different party?


Sorry if a repost but I could not find a topic on this subject...






Edited by 528Sport on Thursday 21st January 08:47

Puggit

49,806 posts

278 months

Thursday 21st January 2010
quotequote all
What really annoys me is that Ed Balls has the balls to announce that the Tories are the party of 'social engineering'.

From the government that have let millions of immigrants (and countless terrorists) in to our country!

Eric Mc

125,681 posts

295 months

Thursday 21st January 2010
quotequote all
Of course, for much of UK Income Tax history there had been a Married Man's/Married Person's Allowance. It was only reduced in value during the 1990s and abolished entirely by Gordon Brown.

In fact, for couples over a certain age and under a certain level of income, it still exists.

JagLover

46,778 posts

265 months

Thursday 21st January 2010
quotequote all
Puggit said:
What really annoys me is that Ed Balls has the balls to announce that the Tories are the party of 'social engineering'.
In terms of 'social engineering' the British state (not only Labour) have been at it for years with the generous benefits and tax credits given to single parents. Very often a mother is better off alone (or pretending so) than to have a working partner living with her.

The restitution of the married couples allowance would move the balance somewhat back the other way, but seems to me to be a crude instrument. There is a problem, the fact that a married man with a non-working wife gets no recognition in the tax code that he has an additional dependent, but a far better solution IMO would be to allow a transferable personal allowance between husband and wife.



Edited by JagLover on Thursday 21st January 09:44

theaxe

3,571 posts

252 months

Thursday 21st January 2010
quotequote all
The argument of social engineering is hardly valid given the current policies of favouring single mothers so heavily.

The phrase "benefiting only the rich" gets knocked around a lot as well, but as I understand it it'll benefit anyone who has a job. Which I suppose in labour's eye's makes you rich...

Gargamel

16,370 posts

291 months

Thursday 21st January 2010
quotequote all

Married couples who have retired get less state pension than two singles.

So it is just hypocrisy.

I actually don't really care one way or the other, but there are no doubt instances of "couples" pretending to live seperately in order to claim more benefit

Rude-boy

22,227 posts

263 months

Thursday 21st January 2010
quotequote all
I used to say to me ex that I would marry her if it ever became favourable to do so from a tax point of view.

Good job we split up.


(Cue posts of "with an attitude like that..." etc it was said half in jest hehe )

Eric Mc

125,681 posts

295 months

Thursday 21st January 2010
quotequote all
Rude-boy said:
I used to say to me ex that I would marry her if it ever became favourable to do so from a tax point of view.

Good job we split up.


(Cue posts of "with an attitude like that..." etc it was said half in jest hehe )
You obviously didn't l;ook too closely at much of the tax legislation.

By and large, marriage does confer significant tax advantages - mainly in the realms of capital taxation and Inheritance Tax - less so with Income Tax.

cs02rm0

13,939 posts

221 months

Thursday 21st January 2010
quotequote all
Good idea.

I think marriage is a positive thing for society. As already said, if that's social engineering then Labour are guilty of social de-engineering.

allgonepetetong

1,188 posts

249 months

Thursday 21st January 2010
quotequote all
This is an issue that has annoyed me for some time, well since my wife gave up work to look after daughter when she was born actually.

How is it fair, that my tax allowance should remain unchanged after my wife's tax allowance is no longer used as she is not working, but at home raising a family? Shirley her non taxable allowance should be transferred to me as I am now the sole family provider?

Of course Winky decides that we should actually be penalised for having the temerity to raise a child in the traditional manner of a stay at home mother with a breadwinning working father.

Even CMD is now wavering on whether to recognise the banefits of family in the tax system.

Does anyone know what UKIP's policy on family in the tax system is? I have read there policy but find no mention of it.

Edited by allgonepetetong on Thursday 21st January 10:41

Don

28,378 posts

314 months

Thursday 21st January 2010
quotequote all
JagLover said:
a far better solution IMO would be to allow a transferable personal allowance between husband and wife.
Bloody excellent idea. Norman Lamont wanted to introduce this. It encourages marriage and makes child rearing by a married couple more affordable - particularly for the less well off.

Shame no-one's had the balls to do it.

Don

28,378 posts

314 months

Thursday 21st January 2010
quotequote all
allgonepetetong said:
Of course Winky decides that we should actually be penalised for having the temerity to raise a child in the traditional manner of a stay at home mother with a breadwinning working father.
That's just wrong!

allgonepetetong

1,188 posts

249 months

Thursday 21st January 2010
quotequote all
musclecarmad said:
whether you are married or not it shouldn't affect tax relief or the income you receive - it is bribing people to get married.

I will never get married and I don't see why I should be penalised for this.
I agree, that is why individual allowances should be transferrable between couples, married or not.

cs02rm0

13,939 posts

221 months

Thursday 21st January 2010
quotequote all
allgonepetetong said:
musclecarmad said:
whether you are married or not it shouldn't affect tax relief or the income you receive - it is bribing people to get married.

I will never get married and I don't see why I should be penalised for this.
I agree, that is why individual allowances should be transferrable between couples, married or not.
What constitutes a couple then though? You and the first jobless person you can find?

Don

28,378 posts

314 months

Thursday 21st January 2010
quotequote all
musclecarmad said:
whether you are married or not it shouldn't affect tax relief or the income you receive - it is bribing people to get married.

I will never get married and I don't see why I should be penalised for this.
I doubt they would make it married. But in a legally recognised marriage OR civil partnership.

i.e. to get the benefit you also have to take the risk.


allgonepetetong

1,188 posts

249 months

Thursday 21st January 2010
quotequote all
cs02rm0 said:
allgonepetetong said:
musclecarmad said:
whether you are married or not it shouldn't affect tax relief or the income you receive - it is bribing people to get married.

I will never get married and I don't see why I should be penalised for this.
I agree, that is why individual allowances should be transferrable between couples, married or not.
What constitutes a couple then though? You and the first jobless person you can find?
That's for the legislators to define, but shirly there can not be any question over the fairness to transfer one parent's tax allowance, for example, to another if they decide to stay at home to raise their child/children.

Edited by allgonepetetong on Thursday 21st January 10:51

Deva Link

26,934 posts

275 months

Thursday 21st January 2010
quotequote all
528Sport said:
What are the views on this?
Good or bad idea?
I heard a news story were some middle aged divorcee complained it discriminated against single parents. My thoughts are that single families are helped out with the working/child tax credit system.
There was a discussion on R4 the other morning about this and apparently it's only going to be payable if one half of the couple is a stay-at-home Mum/Dad.

allgonepetetong

1,188 posts

249 months

Thursday 21st January 2010
quotequote all
Sounds fair. Is this a Tory policy?

theaxe

3,571 posts

252 months

Thursday 21st January 2010
quotequote all
allgonepetetong said:
Sounds fair. Is this a Tory policy?
Originally yes but since the economy is screwed they're not committing to it until they're sure it's affordable.

motco

17,623 posts

276 months

Thursday 21st January 2010
quotequote all
theaxe said:
The argument of social engineering is hardly valid given the current policies of favouring single mothers so heavily.

The phrase "benefiting only the rich" gets knocked around a lot as well, but as I understand it it'll benefit anyone who has a job. Which I suppose in labour's eye's makes you rich...
Quite right! The 'really' rich don't have jobs, they have estates. It's like the IHT threshold, I do not understand why Osborne doesn't retort to Labour's jibes about 'the rich being the only beneficiaries' by pointing out that it's only the rich who'll be taxed by >£1,000,000 inheritance tax.