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Tax and Romance: Tax-Efficient Planning for Couples

Shared from Tax Insider: Tax and Romance: Tax-Efficient Planning for Couples
By Mark McLaughlin, February 2026

Mark McLaughlin offers some tips for (tax-conscious!) romantic couples.  

Tax and romance – not exactly the perfect match! However, in this Valentines season, the thoughts of the lovestruck (but fiscally frugal!) may turn to sharing their caring nature in a tax-efficient way. 

Here are some tax tips for a twosome (NB references to spouses include civil partners).  

1. It’s the thought that counts! 

Gifts of assets between spouses living

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