PMA Business Services Ltd

Marriage Allowance

HMRC is reminding married couples and those in civil partnerships to sign up for Marriage Allowance 

Marriage Allowance allows married couples or those in civil partnerships to share their personal tax allowances if one partner earns an income under their Personal Allowance threshold of £12,570, and the other is a basic rate taxpayer.

Eligible couples can transfer 10% of their tax-free allowance to their partner, which is £1,260 in the 2021 to 2022 tax year. It means couples can reduce the tax they pay by up to £252 a year. Couples can apply any time, backdate their claims for any of the 4 previous tax years and receive a payment of up to £1,220 at a time when they need it most.

Marriage Allowance is free to apply for, and customers who claim directly via HMRC’s online portal will receive 100% of the tax relief they are eligible for. Visit GOV.UK to find out how to apply for Marriage Allowance.