Saving Tax: How to utilise my wife's low earning status

HonestTaxpayer (Software Engineer) (103 Points)

23 July 2009  

Hi,

I ha ve a doubt. Im myself earning and lie in the highest tax bracket. However, my wife is in 10% income bracket.

Is there anyway by which I can give/transfer my earnings to her, there by reducing my tax load?

Thanks and regards

:)