Farage isn't the first leader to promise tax breaks for couples. They all failed
In 2015, then-prime minister David Cameron introduced a marriage allowance letting one spouse transfer £1,260 of their personal allowance to the other, although this is not a significant tax break – saving only up to £252 in tax per year. To claim the benefit, the lower earner must have an income below the personal allowance and the higher earner must be a basic-rate taxpayer.
Across the Atlantic, Donald Trump has promised a $1,000 'baby bonus' in the hope of boosting the birth rate. But such policies have had mixed success. Some experts question whether financial giveaways are the best way to support young families, although other countries such as South Korea and Hungary have successfully used tax reforms to increase the birth rate.
Jason Hollands, of the stockbroker Bestinvest, said: 'Bolstering the tax benefits of being married might play a part in addressing this but needs to be considered against other options to help people have larger families, such as making childcare more affordable.'
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