It’s a cliche almost as old as the institution itself: ‘getting married for the tax breaks’. For every couple walking down the aisle blinded by love, there is another who will glibly say they are tying the knot for financial reasons. But does this truly pay off?
Analysis by accountants Blick Rothenberg, carried out on behalf of Telegraph Money, has revealed that for couples with straightforward tax affairs, it would take 128 years being married to pay off the £32,000 average cost of a British wedding.
However, couples with more complicated tax affairs could pay off their wedding with just one property sale, or when they die.
Stefanie Tremain, of Blick Rothenberg, said: “Of course there are other…