Two heterosexual Irish men marry to avoid paying €50,000 inheritance tax on house

[meanttobeworking]

https://www.standard.co.uk/news/uk/t...-a3726611.html

It’s interesting that nobody considers THIS to be morally repugnant tax evasion

[BrilloPad]

Maybe the Irish tax authorities will change the law retrospectively?

Oh wait. Ireland is a civilized country.

[SueEllen]

https://www.standard.co.uk/news/uk/t...-a3726611.html

It’s interesting that nobody considers THIS to be morally repugnant tax evasion

I thought the story was amusing.

Also their marriage will last longer than some people's.....

[Lance]

https://www.standard.co.uk/news/uk/t...-a3726611.html

It’s interesting that nobody considers THIS to be morally repugnant tax evasion

don't marriages still have to be consumated?

[BrilloPad]

don't marriages still have to be consumated?

Non consumation id grounds for divorce.

I heard of one man who found out his fiancee was cheating. He went through the ceremony. Then in his acceptance speech told everyone! Then got divorced on grounds of failure to consummate the marriage.

[BrilloPad]

Maybe HMRC and myself should get married?

They have certainly f**ked me enough times.....

[NotAllThere]

https://www.standard.co.uk/news/uk/t...-a3726611.html

It’s interesting that nobody considers THIS to be morally repugnant tax evasion

Why should it be? One being the carer of the other, it seems morally correct that neither should lose their home due to inheritance tax. Similarly with siblings who share a home. It's inheritane tax that is morally repugnant.

[BrilloPad]

Why should it be? One being the carer of the other, it seems morally correct that neither should lose their home due to inheritance tax. Similarly with siblings who share a home. It's inheritane tax that is morally repugnant.

Despite what most CUK posters believe, it is the duty of each individual to arrange their affairs to reduce their tax exposure through legal means.

Personally I believe inheritance tax should be 100% with no exemptions for trusts/estates. It is often trotted out that young people need something to get them started. What about the children of poor people? What about the son of Ronnie Barker who used his windfall to indulge in child porn?

Those who think inheritance tax should be set at less than 100% have f**ktards for children or believe in inequality.

Personally I breed independents rather than dependents.

[NotAllThere]

...Personally I believe inheritance tax should be 100% with no exemptions for trusts/estates. ...

The fact that some people have misued their inheritance is irrelevant.

I think even if you are generally against wealth flowing through the generations, it's a little more nuanced than that. With 100% inheritance tax, spouses who become widowed, and children who become orphaned lose their family home.

If the idea of inheritance were to be abolished, it would need to be done in such a way that a the consequences of a tragic death are amelioarted.

Anyway, it's easy to say inheritance is a bad thing when your ex-spouses own all your assets.