Tax breaks for married and civil partnership couples

Louise Higham, financial planning director at Evelyn Partners, sets out the various tax breaks from transferring the personal savings allowance to inheritance tax benefits

Data from the 2021 census showed that the proportion of adults who have never married or been in a civil partnership has increased every decade from 26.3% in 1991 to 37.9% in 2021, while the proportion of adults who are married or in a civil partnership has fallen from 58.4% in 1991 to 46.9% in 2021.

What is important to realise is that there are a number of tax breaks available for married couples and civil partnerships when compared with cohabiting couples.

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