Marriage Allowance is a tax scheme in the UK that allows a lower earning spouse or civil partner to transfer some of their unused tax-free personal allowance to their higher earning partner. This can result in a tax reduction of up to £250 per year for the recipient partner. If you’re eligible for Marriage Allowance, it’s important to take advantage of it and claim a tax refund.
To be eligible for Marriage Allowance, you must meet the following criteria:
If you meet these criteria, you can apply for Marriage Allowance. The process is simple and straightforward and you can do it online for example at TaxHelper.io. Once you’ve registered, the allowance will be automatically deducted from your partner’s taxable income.
It’s important to note that Marriage Allowance is not just a one-time tax break. You can claim the allowance every year that you are eligible, and it can add up to significant savings over time. In addition, if you’ve missed out on the allowance in previous tax years, you can still backdate your claim and receive a tax rebate for up to the past 4 years.
In conclusion, Marriage Allowance is a valuable tax benefit for eligible couples in the UK. By transferring some of the unused personal allowance, couples can reduce their tax bill and enjoy a tax-free boost to their income. Don’t miss out on this opportunity and claim your tax refund today.
In TaxHelper, we help you find the tax refunds you are entitled to. You just answer simple questions that only take 15 min. to go through.
Afterwards, we report the tax refunds and you get an extra £308 paid out on average. And you only pay if you get a tax refund.
Explaining the UK Marriage Allowance and How to Claim Your Tax Refund