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David Cameron unveils marriage tax breaks plan | David Cameron unveils marriage tax breaks plan |
(35 minutes later) | |
Plans for tax breaks for some married couples worth up to £200 a year have been announced by David Cameron. | Plans for tax breaks for some married couples worth up to £200 a year have been announced by David Cameron. |
The prime minister said four million couples would benefit from a £1,000 transferable tax allowance from 2015. | The prime minister said four million couples would benefit from a £1,000 transferable tax allowance from 2015. |
The move, announced ahead of the Tory conference, comes after deal with the Liberal Democrats to introduce free school meals for children under eight. | The move, announced ahead of the Tory conference, comes after deal with the Liberal Democrats to introduce free school meals for children under eight. |
Writing in the Daily Mail, Mr Cameron said: "I believe in marriage. There is something special about marriage." | Writing in the Daily Mail, Mr Cameron said: "I believe in marriage. There is something special about marriage." |
'Happiest day' | |
The tax break would apply if couples are both basic rate tax payers and would also include 15,000 couples in civil partnerships, from April 2015. | The tax break would apply if couples are both basic rate tax payers and would also include 15,000 couples in civil partnerships, from April 2015. |
Benefits from the scheme would come through initially at the end of the tax year in 2016. | Benefits from the scheme would come through initially at the end of the tax year in 2016. |
Mr Cameron said: "I believe in marriage. Alongside the birth of my children, my wedding was the happiest day of my life. | Mr Cameron said: "I believe in marriage. Alongside the birth of my children, my wedding was the happiest day of my life. |
"Since then, Samantha and I have been a team. Nothing I've done since - becoming a Member of Parliament, leader of my party or prime minister - would have been possible without her. | "Since then, Samantha and I have been a team. Nothing I've done since - becoming a Member of Parliament, leader of my party or prime minister - would have been possible without her. |
"There is something special about marriage - it's a declaration of commitment, responsibility and stability that helps to bind families. | "There is something special about marriage - it's a declaration of commitment, responsibility and stability that helps to bind families. |
"The values of marriage are give and take, support and sacrifice; values that we need more of in this country." | "The values of marriage are give and take, support and sacrifice; values that we need more of in this country." |
Election pledge | |
He added: "And of course this will be true if you're gay or straight, and in a civil partnership or a marriage. | |
"This summer I was proud to make equal marriage the law. Love is love, commitment is commitment." | |
Mr Cameron said stay-at-home mothers and women who worked part-time would be the main winners. | |
He promised tax breaks for married couples when he ran for the leadership of his party in 2005, and it was also part of the Conservative election manifesto in 2010. | |
The Lib Dems are opposed to the measure but under the coalition agreement they would only be able to abstain in any parliamentary vote. | |
Campaign group Don't Judge My Family criticised the move. | |
It said the scheme was about "promoting a fantasy 1950s family" and would not benefit many of the families who needed most support. | |
The Conservative Party conference takes place in Manchester from Sunday. Mr Cameron will close the conference with his keynote speech on Wednesday. |