IFS Press Releases

Conservatives to recognise one third of marriages in the tax system

Date: 09 April 2010
Authors:

The Conservative Party has announced how it intends to recognise marriage and civil partnerships in the tax system if it forms the next government. It plans to make up to £750 of the income tax personal allowance transferable between adults who are married or in a civil partnership, so long as the higher-income member of the couple is a basic-rate taxpayer.