Eligible married couples or those in civil partnerships can reduce their tax by up to £252 a year by claiming Marriage Allowance.
Marriage Allowance allows married or civil partnership couples, including those who have been together for many years, to share personal tax allowances if one partner earns below the Personal Allowance threshold of £12,570 and the other is a basic rate taxpayer.
Qualifying couples can transfer 10% of their tax-free allowance to their partner, which equates to £1,260 in the tax year 2022 to 2023. This means couples can reduce the tax they pay by up to £252 a year. They can claim this at any time and, if eligible, can roll back their claim to the previous four tax years to receive a payment of up to £1,242.
By using our office, you can count on a tax return that considers the marriage allowance.
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