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British Tory party propose tax incentives to encourage couples to wed

By admin on July 12th, 2007 0 comments yet. Be the First

pounds1.JPGThe Tory party have got their eyes on marriage as a key party of tax relief benefits should they ever get in power again. The tax break is a whopping £20 a week (that’s roughly £1000 a year) and might help couples who have one partner stay at home to care for children or other relatives.

The report states that the tax breaks would “indicate that marriage is valued because of its benefits to children and wider society”. £20 must go quite a long way in some parts of the country if they think that’s an incentive… However, as marriage is in constant decline, according to national statistics, it seems of little importance to many of today’s couples. Plus with the average cost of a wedding coming in at £17,000, it’ll take 16 years to break even. [via BBC]

Would you get wed to take advantage of an extra £20 a weeK? Thought not…

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