Mixed reaction to tax break for married couples
David Cameron’s plan for some married couples to get tax breaks worth up to £200 has been cautiously welcomed and ridiculed by newspapers, pressure groups, and AccountingWEB members.
The PM’s proposal for some married couples to get tax breaks worth up to £200 a year was one of the main new policies at this week’s Conservative Party conference in Manchester.
"Marriage is a good thing for our country – it’s the ultimate form of commitment under the law – and we want to show our support for it,” Cameron wrote in the Daily Mail.
Around four million couples, including 15,000 couples in civil partnerships, would benefit from a £1,000 transferable tax allowance from 2015, Cameron said.
The tax break will apply if...