Marriage Allowance lets you transfer £1,100 of your Personal Allowance to your husband, wife or civil partner.
This can reduce their tax by up to £220 every tax year (6 April to 5 April the next year).
To benefit as a couple, your partner will need to have unused personal allowances that can be transferred to you (or visa versa). We’ll check this with you before completing your 2015/16 self assessment return.
If you were eligible for Marriage Allowance in the 2015 to 2016 tax year, you can backdate your claim to 6 April 2015.
Marriage Allowance
Posted on
Marriage Allowance lets you transfer £1,100 of your Personal Allowance to your husband, wife or civil partner.
This can reduce their tax by up to £220 every tax year (6 April to 5 April the next year).
To benefit as a couple, your partner will need to have unused personal allowances that can be transferred to you (or visa versa). We’ll check this with you before completing your 2015/16 self assessment return.
This entry was posted in News and Comments, Personal Taxes.