Getting Married.....Tax benefits if any

Mogli

Registered User
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Hi guys, was wondering what the tax benefits to getting married are, if any. Both myself and my partner work full time and we have two young kids.
 
Getting married

The main benefit for income tax is that you can share any unused tax credits or standard rate cut off with your spouse. This is only benefical if one spouse is earning over €36k and one spouse less than €36k. E.g. If you earned €20,000 and your spouse earned €50,000 the combined tax liability (before tax credits) would be €16,856. Under joint assessment the tax liability would be €14,966.

The other tax benefits is that any transfer of assets between spouses is exempt from all taxes.
 
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