Thinking about getting married?

Here are 5 reasons why tying the knot could actually make a lot of sense

#5

CGT Exemption for Spouses

Capital Gains Tax—or CGT—is a tax on profits when you sell assets like property or

shares.

But—if you're married—you can transfer assets between spouses tax-free!

You gift your partner an investment property. If you're married, there's no CGT. If not

—big bill!

#4

CAT Exemption

CAT is Capital Acquisitions Tax—it’s what you pay on gifts or inheritance.

Spouses are totally exempt from CAT.

If you inherit the family home from your spouse, you pay zero. If you're just

cohabiting? Could owe thousands.

#3

Joint Tax Assessment = Potential Tax Savings

If one of you earns more, or works reduced hours—joint assessment can

seriously cut your tax bill.

It allows income to be split for tax purposes—great if one partner earns way more

than the other.

#2

Protection Benefits

Death-in-service benefits, widow’s pension, pension transfers—all become more

secure and tax-free when you’re married.

Defined benefit pensions often guarantee income for a surviving spouse.

Defined contribution pensions? Transferable without CAT.

#1

You Love the Person

At the end of the day—money’s great, but the best reason to get married?

Because you actually want to share your life with them