- 12 updates
The Prime Minister's proposal to give married couples a tax break from 2015 are a cut for some, "paid for by someone else", the Liberal Democrat Treasury spokesman said today.
Stephen Williams added:
Prime Minister David Cameron has said that married couples will receive a £1,000 tax break from 2015,
He said of the move: "Marriage is a great institution and it helps to build a good and strong society so I think its right to back marriage properly in the income tax system.
"Most other advanced industrial countries do it and we should do it too. I'm proud to be delivering on a promise I made in our manifesto."
Labour MP Chris Bryant has labelled the prime minister's plans for married couples the "unmarried tax."
Writing in the Independent, he said: "This is bad policy and even worse politics.
"It is High Tory political theology from a distant era.
"It does nothing to channel public funds to where they are needed.
"The man who leaves his wife and children and marries again will get it, while the divorced wife with children soldiers on without, just because she does not remarry.
"it pretends to espouse family values, but it is offensively naïve to think anyone really marries (or indeed should marry) for £150 a year tax relief.
"So let’s call it what it really is, the “unmarried tax”, and make sure it follows the pasty tax, the bedroom tax and the charity tax into history."
David Cameron's plan to help married couples with a £1,000 transferable tax break from April 2015 will not benefit two-thirds of married couples, according to Labour MP Rachel Reeves.
The Shadow Chief Secretary to the Treasury, reacting to the announcement, said:
Shadow chancellor Ed Balls tweeted:
A Conservative Party explanation of the marriage tax break proposal gave an example of the type of couple that would benefit:
Writing in the Daily Mail, David Cameron explained how the £1,000 marriage tax break would work:
Latest ITV News reports
Tax breaks for married couples worth up to £200 a year will be introduced from 2015, David Cameron has announced.
If David Cameron’s so-called marriage tax break is his answer, then the Prime Minister has the wrong question.