By John Stevens Deputy Political Editor For The Daily Mail
Published: 00:12 GMT, 12 January 2021 | Updated: 00:14 GMT, 12 January 2021
The marriage tax allowance should be increased ten-fold to reward stay-at-home and part-time spouses with caring duties, a think-tank has said.
A married person who earns less than the £12,500 income tax threshold can transfer £1,250 of their personal allowance to their spouse, reducing their tax bill by up to £250 a year.Insurance Loans Mortgage Attorney Credit Lawyer
Onward said in a report that the policy should be turbo-charged to cover the entire £12,500 – saving up to £2,500.
'This would recognise families rather than just individuals through the tax