This question is not part of the consultation paper which presumes that income 'shifting' has to be stopped however we feel that the Treasury ought to see what tax practitioners think about the line they have taken!
There is an EDM before Parliament which points out (amongst other things) the discontinuity between the way that married couples and civil partners are dealt with on divorce and the way that they are treated when they try to split income between them.
Others have commented that the issue of income splitting should be dealt with in the context of small business taxation as a whole not just as a stand-alone issue. Finally some would say that splitting income like this is an inevitable outcome of independent taxation and even that it was forseen when it was introduced.
Please provide your comments in the Discussion section below....
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