House hold expense management

Amit Gupta (Employee) (128 Points)

09 June 2012  

Hi,

Presently, both me and my wife are earning and use my credit card for expenses. I transfer my wife salary to my account and  use that as primary account for credit card repayments. Is there a better way to manage this? what are disadvantages of it from tax point of view?

 

 

Thanks in advance,

 

amit