Related Commentary  

50(1)  This section applies to elections under sections 47 to 49.

50(2)  An election–

(a)must, except in the cases dealt with by subsection (3), be made before the first tax year in which it is to be in force, and

(b)continues in force in each subsequent tax year until it is withdrawn.

50(3)  An election–

(a)may be made in the first tax year in which it is to be in force if that is the tax year in which the marriage takes place or the civil partnership is formed, and

(b)may be made in the first 30 days of the first tax year in which it is to be in force if appropriate notice is given before the tax year.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.