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The Last Word With Matt Cooper

Why There's Money In Marriage

While most people don't marry for money, there are certainly some financial benefits to being marrie...
TodayFM
TodayFM

7:20 PM - 15 Aug 2018



The Last Word With Matt Cooper

Why There's Money In Marriage

TodayFM
TodayFM

7:20 PM - 15 Aug 2018

Listen to this episode



While most people don't marry for money, there are certainly some financial benefits to being married rather than simply cohabiting.

These include benefits in how much income tax you pay in addition to inheritance tax.

A single person can earn up to €34,500 before they will have to pay the higher 40% rate of income tax.

On the other hand, married couples with at least one earner can make up to €43,500 before having to pay the higher rate of tax.

Charlie Weston, personal finance editor with the Irish Independent, talks us through some of the main ways marriage can be good for your pocket.

To catch the full chat press the play button on the image on the top of the screen


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