Cameron announces marriage tax breaks plan

From April 2015, people will be permitted to transfer £1,000 of their personal tax allowance to their spouse or civil partner - an increase on the £750 allowance promised in the Tory manifesto. The Prime Minister - announcing the scheme ahead of the start of the annual Conservative Party conference in Manchester on Sunday - said it said will be worth up to £200 a year for married couples, including 15,000 in civil partnerships. They will receive the benefit at the end of the tax year in 2016. The new allowance, which is not available to couples which include a higher rate taxpayer,...