Z
Unlike most single parents her mother and I are cooperating very well.
I have the single parent tax credits for this child which is fine.
We have been living together for 1 1/2 years and we are now having a baby.
Can I claim any tax credits for either her as (co-habiting couples)?
What about further tax credits for the new arrival. For example, I'm claiming single parent tax credits for my first child but I'm not a "single parent" so to speak for the new child and I'm also not married!!
What is the definition of the single parent tax credit???
As you rightly said, I'm co-habiting....but.... not with the mother of the child I'm claiming the credit for. You do get that bit right?
If you can afford this, while being tax compliant, then great!Although allowed to work, my partner would not be working, she would be a full time mother while I remain the provider.
What is the definition of the single parent tax credit???
As for getting married, I'm not religious. And getting married for tax reasons would be financial suicide and blasphemous.
So where is the incentive? Technically I should be able to claim the one parent tax credit for the child I am the single parent of, and get the married tax credit (if I got married).
So by the looks of above youre not entitled to the one parent family tax credit in your current situation - married or unmarried.
- Must not be entitled to the Married Personal Tax Credit.
- Must not be living with another person as husband and wife.
Its like they want you to get married.
tks guys I appreciate it. This feedback is better. Constructive. I'm blown away by the point on the co-habiting. Single co-habiting people might need to take to the streets for their rights to be recognised!!!
Co-habiting with someone who is not the childs parent AND not earning anything nor is she entitled to anything, one looses this credit!!! This is hardly right. Its like they want you to get married.
Tks Greta on your points. Very valid. Perhaps the registry office might be an option.... Churches are a no no for me.
And getting married for tax reasons would be financial suicide and blasphemous. Hypothetically, IF I got married as per niceoneted I'd loose the one parent tax credit, gain the married tax credit. (which are the same'ish)
So where is the incentive? Technically I should be able to claim the one parent tax credit for the child I am the single parent of, and get the married tax credit (if I got married). Although allowed to work, my partner would not be working, she would be a full time mother while I remain the provider.
The Single Parent Tax credit is nothing to do with single people, its single parents. Co-habiting has absolutely, positively nothing to do with my first child and should not be seen as consideration. Single Parent tax credit should have nothing to do with whom i'm living with! I'm still a single parent to that child. I do not (and my girlfried has the same view) expect her to clean/cloth or take care of my child. Co-habiting is (or at least should be) irrelevant. My first childs mother is still alive and well. My new partner did not adopt my first child.
I believe married couples are being taxed more (and more to come) than single people since the new budget. Another reason for not taking this route. I saw an article from KPM showing the net incomve figures of a married couple were taxed more than a single person. This is not constitutional.
This society perpetuates marriage which might make somethings "convenient" but it goes against my personal values to do so. I'm not religous in the traditional sense, more of a philanthropist. I dont see why a ring (religous) or (marriage) legal document should have any influence in how we are taxed.
Folks, despite the "bureaucratic mess" you describe it to be and saracastically call it perfectly romantic, none of you seem to be able to see through the prejudicial smokescreen that we are very much love. We are starting a family together. Ok, maybe its not (by your definition) of "traditional" but times change. This does not stop us from wanting to make the right decicions especially giving the current financial state of afairs we are in.
It cant be a coincidence that every turn we take the government come out on top and joe public ends up loosing. I've already shown that the different agencies pic and choose the circumstances that favours them.
Before anyone else jumps on the predujice band waggan, I pay about 1.5k tax every month and have been working since I was 14. I have never claimed SW myself. I'm not avoiding tax, never had. I contribute to society in more ways than just financially. I'm looking for the right advice so I know what decisions to make.
This society perpetuates marriage which might make somethings "convenient" but it goes against my personal values to do so. I'm not religous in the traditional sense, more of a philanthropist. I dont see why a ring (religous) or (marriage) legal document should have any influence in how we are taxed.
Point taken Mel, "Thems the rule" So now I must make a decision...
Thanks for all your input!
I'll continue to claim my single parent tax credit which is miniscule compared to the amount of tax I (we all) pay as I disagree with the ambiguous definition. I would challange it if I was audited.
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