Tax break 'cliff edge' criticised

%VIRTUAL-SkimlinksPromo%David Cameron's tax break for married couples has been heavily criticised by a respected economic think-tank because of a "cliff edge" which will leave some workers worse off if their pay rises.

The transferable tax allowance, worth up to £200 a year to basic rate taxpayers whose spouses do not work, comes into force next April, but the Institute for Fiscal Studies (IFS) said the way the policy was designed did not make sense and indicated a "lack of direction".