Co-habiting couples and taxation in Ireland

In today's TechTalk we look at Co-habiting Couples and Taxation in Ireland. According to the Central Statistics Office (CSO), the number of couples co-habiting has been on the increase.

In today's TechTalk we look at Co-habiting Couples and Taxation in Ireland.  According to the Central Statistics Office (CSO), the number of couples co-habiting has been on the increase. Of the 1.22 million families in Ireland (Census 2016), over 152,000 couples are counted as cohabiting which is an increase of 6% since 2011. The number of co-habiting couples with children in rental accommodation increased by 37.6% to almost 40,000 families.

From the Civil Partnership and Certain Rights and Obligations of Cohabitants Act 2010 a cohabiting couple is defined as “one of two adults, who can either be of the same or opposite sex, who live together as a couple in an intimate and committed relationship and who are not related to each other.” When co-habiting couples wish to take out policies of Life Insurance, care needs to be taken to ensure that there is no potential liability to CAT.

Click here to find out more.