Relationship Breakdown: Tax Implications

Ireland has seen been both dramatic and welcome changes to the landscape of formalising and dissolving relationships over the last two decades. Among other things, we have seen a historical shift in modernising our tax code and moving it towards equality for all couples. We started the journey in 1995, with the divorce referendum passing by an incredibly tight 0.3% margin. The resultant Family Law (Divorce) Act 1996 allows a court to grant a decree of divorce where it feels confident that all of  the applicants are aware of the alternatives  to divorce and that there is no possibility of reconciliation. The tight margin was arguably due to a perceived worry that the “floodgates” would open and divorce rates would skyrocket. However, these fears have not yet been reflected in the statistics.
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