Casdon
growstuff
RSALLAN2002
No point in marriage then. Still seems strange to give benefit to well off/ rich households.
Doesn't love have anything to do with it?
Actually, there are financial advantages to marriage, especially if there is likely to be inheritance tax or pensions.
I give up! First we have moans about denying poor people a vital lifeline, then we have moans about giving benefits to rich households. Moan, moan, moan!I think RSALLAN2002 does have a point though, which could well result in further changes later down the line, in that .couples who live together don’t need to heat their house twice as much as single pensioners do. It’s a loophole which may be capitalised on by a future government.
But the couples don't need to be married to save money. If taxed separately, it makes no difference if they are married. When claiming benefits, you're supposed to declare whether you live with somebody - not whether you're married.
There's an issue here. On the one hand, it's absolutely right that people's taxes should be treated as individuals. All pensions and benefits should be too. On the other hand, it is cheaper for people to live as a couple rather than as individuals. The problem for benefit agencies is how to prove that people do actually live together.
I've had reason to look into all this over the last few weeks because I'm going to move in with my partner at the end of the summer. We've been looking very closely at the financial implications. He's a romantic and wants to get married. We've both taken a big financial hit from former spouses (in different ways), so I'm a bit more cautious and wanted to make sure we're doing the right thing. We came to the conclusion that, financially, getting married is the right thing. There are inheritance tax implications and both of us would receive widow's pensions when the other dies. My partner will lose his single occupancy council tax rebate, but I won't have to pay my current council tax, so we'll both be better off when we split the amount, but it doesn't matter if we're married. We have an appointment with a solicitor over the next couple of weeks.


