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Thursday, 14 May 2020

Marriage Allowance


Marriage Allowance lets you transfer £1,250 of your Personal Allowance to your husband, wife or civil partner.

This reduces their tax by up to £250 in the tax year (6 April to 5 April the next year).

To benefit as a couple, you (as the lower earner) must normally have an income below your Personal Allowance - this is usually £12,500.

To find out more online click HERE