Clarke in married tax break gaffe

clock

Cabinet minister Ken Clarke has backtracked after suggesting a tax break promised to married couples would not be implemented.

Clarke, a Minister without Portfolio, said he would not "count on" the Conservatives fulfilling their manifesto pledge to allow spouses to share their tax allowance before 2015, in an interview with the Telegraph. The pledge, made while the Tories were in opposition, could be worth as much as £150 a year to married couples. It would apply where one spouse stayed at home. Clarke said he had revised his opinion that Britain's economy would recover by 2013 or 2014, saying that a "long hard road" still lay ahead and years' more austerity might be needed. When asked whether this meant t...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

Reeves eyes income tax rise in Autumn Budget – report

Reeves eyes income tax rise in Autumn Budget – report

Would break Labour’s manifesto pledge

Isabel Baxter
clock 24 October 2025 • 2 min read
Demand for estate planning advice surges as IHT exposure set to triple

Demand for estate planning advice surges as IHT exposure set to triple

Advisers prepare for IHT reforms

Isabel Baxter
clock 21 October 2025 • 2 min read
Reeves has 'huge opportunity' to reform taxes in Autumn Budget

Reeves has 'huge opportunity' to reform taxes in Autumn Budget

‘Frankly, it’s become quite desperate’

Isabel Baxter
clock 14 October 2025 • 4 min read