Income Tax Act 2007 section 55E

Limitation on number of tax reductions and elections

Section 55E limits the number of marriage allowance tax reductions and elections an individual can benefit from in any single tax year.

• An individual can receive only one marriage allowance tax reduction per tax year
• An individual can have only one election in effect for the marriage allowance per tax year
• These limits apply even if the individual is party to more than one marriage or civil partnership during the year
• The restriction applies to both the transferor making the election and the recipient claiming the tax reduction