financialtips
New Member
- Messages
- 3
No.
Because it's the law."Revenue assess cohabiting couples as single individuals." why are we then means tested jointly when my partner applies for jobseekers?
"Revenue assess cohabiting couples as single individuals." why are we then means tested jointly when my partner applies for jobseekers?
We are still living in Catholic Ireland! Cohabiting couples can have been together for decades, raise a family together, grow old together and one death, bam!!! A big CAT bill for the surviving spouse if they get the other spouse's assets as inheritance. They are treated as strangers. It needs to be fixed but at the speed things move in this country, you could be waiting.Because it's the law.
Revenue are obliged to use a form-over-substance approach to marriage/civil partnership.
DSP are obliged to apply a substance-over-form test as to whether you are effectively living as a couple.
Doesn't "Protestant" England have the same approach to taxation of cohabitating couples that are not married or in a civil partnership?We are still living in Catholic Ireland! Cohabiting couples can have been together for decades, raise a family together, grow old together and one death, bam!!! A big CAT bill for the surviving spouse if they get the other spouse's assets as inheritance. They are treated as strangers. It needs to be fixed but at the speed things move in this country, you could be waiting.
I have had plenty of cohabiting clients get married just because of the tax position. And who said romance is dead.
You should be so luck ClubMan (haha)Doesn't "Protestant" England have the same approach to taxation of cohabitating couples that are not married or in a civil partnership?
Anyway - why couples? What about throuples, quadrouples etc.?
Actually I'm happily single so have hit the jackpot.You should be so luck ClubMan (haha)
Yes nothing to do with 'Catholic' Ireland. Married couples in UK get exemptions on Inheritance Tax whereas unmarried couples don't. However unmarried partners are expected to support each other when one is out of work just like married couples.Doesn't "Protestant" England have the same approach to taxation of cohabitating couples that are not married or in a civil partnership?
Anyway - why couples? What about throuples, quadrouples etc.?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?