Re: Arctic Systems win!!

Tim wrote:
"Simon" wrote
... the intent is solely to take advantage of each
persons full allowances and tax bands. the intent is
to pay less tax, nothing else. That is what avoidance.
"Tim" wrote:
Why give each person an allowance, if you don't want them to use it?

"Simon" wrote
Because its their allowance, not the husbands.
"Tim" wrote:
Exactly. So that *she* can eat, be housed etc?
Well, if the wife isn't earning (after all, if she was, then she'd
be using the allowance herself), then *where* do you think
the money comes from to pay for *her* food, housing etc?

"Simon" wrote
If a husband and wife want to share their net
income, that is their privilege an choice...

Marriage is all about sharing, is it not?

And if it ever came to be broken-up, then it's not just their *choice*
to share things - sharing will be imposed by the divorce court. So you
might as well consider their property as being shared all along anyway...

"Simon" wrote
... If a husband and wife work, he earns £40k and she
£15k (sexist assumption I know) then you think its OK
for him to assign say £10k of his earnings to his wife
so that neither of them go into the higher rate tax band.

I think it ought to be OK, yes. Whyever not?

Why do *you* think that it is "right" to tax the following two couples differently? :-

(A) Husband works full-time earning £40Kpa, wife works
60% part-time earning £15Kpa but also does all housework
/ childminding etc - total household income £55Kpa;

(B) Husband works 75% part-time earning £30Kpa but also
does all housework/childminding etc, wife works full-time
earning £25Kpa, total household income £55Kpa.

In both situations, the husband & wife share the "breadwinning"
and the "household stuff" between them, and in both
situations they have the same total household gross income.

Now tell us again - why should they be taxed differently?



because the housework and childminding are not remunerated activities. Each person is an individual, they have their own tax allowances and their on tax bands. These are things that each are entitled to but they do not own them and it is not within their power to share them.

Any way, they are not sharing it. On paper the wife might be getting half these earnings but in reality, I would bet that they are not.
.

Relevant Pages

  • Re: Arctic Systems win!!
    ... persons full allowances and tax bands. ... to pay less tax, nothing else. ... Well, if the wife isn't earning (after all, if she was, then she'd ...
    (uk.business.accountancy)
  • Re: Arctic Systems win!!
    ... persons full allowances and tax bands. ... to pay less tax, nothing else. ... Well, if the wife isn't earning (after all, if she was, then she'd ...
    (uk.business.accountancy)
  • Re: Arctic Systems win!!
    ... persons full allowances and tax bands. ... to pay less tax, nothing else. ... Well, if the wife isn't earning (after all, if she was, then she'd ... If a husband and wife want to share their net income, that is their privilege an choice. ...
    (uk.business.accountancy)
  • Re: Arctic Systems win!!
    ... Husband works full-time earning £40Kpa, ... Husband works 75% part-time earning £30Kpa but also ... does all housework/childminding etc, wife works full-time ... they have their own tax allowances and their on tax bands. ...
    (uk.business.accountancy)
  • Re: Arctic Systems win!!
    ... Husband works full-time earning £40Kpa, ... Husband works 75% part-time earning £30Kpa but also ... does all housework/childminding etc, wife works full-time ... they have their own tax allowances and their on tax bands. ...
    (uk.business.accountancy)