Part 3Personal reliefs

Chapter 3Tax reductions for married couples and civil partnersF1: persons born before 6 April 1935

Annotations:
Amendments (Textual)
F1

Words in Pt. 3 Ch. 3 heading inserted (with effect in accordance with s. 11(12) of the amending Act) by Finance Act 2014 (c. 26), s. 11(6)

Introduction

44Election for new rules to apply

1

In this Chapter “an election for the new rules to apply” means an election made by a husband and wife who got married before 5 December 2005 for the new rules to apply to them instead of the old rules.

2

In subsection (1)—

  • the new rules” means the rules for relief under section 46 (marriages and civil partnerships on or after 5 December 2005), and

  • the old rules” means the rules for relief under section 45 (marriages before 5 December 2005).

3

An election for the new rules to apply—

a

must be made jointly by the parties to the marriage,

b

must be made before the first tax year for which it is to be in force,

c

continues in force in each subsequent tax year, and

d

cannot be withdrawn.