单词 | independent taxation of spouses |
释义 | independent taxation of spouses A system of personal taxation in which individuals are taxed on the basis of their own income only, independent of their marital status and the income of their spouse. The UK in 1990 introduced a system which is not quite independent taxation of spouses, since a married man's allowance was retained, and some taxable items and allowances are transferable between spouses. This system was introduced because the previous system of joint taxation of spouses was felt to involve both breaches of financial privacy for married women, and tax discrimination against marriage, since aggregated incomes made spouses liable to tax at higher marginal rates than under independent taxation. |
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