|
|
Give the gift of Marriage Allowance on Valentine’s Day
Help for Households - Marriage Allowance MARRIED couples are being urged to consider giving the gift of Marriage Allowance to their husband, wife or civil partner this Valentine’s Day, and save up to £252 a year.
More than 2.1 million couples currently benefit from Marriage Allowance, but HM Revenue and Customs (HMRC) estimates that thousands more couples are missing out because they don’t realise they may be eligible, particularly couples where 1 partner has retired, has given up work to take on caring responsibilities, or is unable to work due to a long-term health condition.
Customers earning less than £12,570 a year can transfer up to £1,260 of their Personal Allowance to their higher-earning partner, to reduce the amount of tax they pay. They can backdate their claim to include any tax year up to 6 April 2018, which could be worth up to £1,242 in tax relief. Couples can use the free Marriage Allowance calculator on GOV.UK to check if they are eligible for the tax relief.
Angela MacDonald, HMRC’s Deputy Chief Executive and Second Permanent Secretary, said:- “We want every eligible couple to benefit from marriage allowance tax relief. Couples whose circumstances have changed – perhaps one of them has stopped working or taken a lower paid job – may not realise they are entitled to claim. It’s easy to find out what you may be due - search ‘Marriage Allowance calculator’ on GOV.UK to get started. By applying on GOV.UK, rather than through a third party, you get to keep 100% of the tax relief due.” Those who are eligible can apply at GOV.UK for free and keep 100% of their claim. Successful claims will result in a reduction in the amount of tax paid by the higher-earning partner.
Couples could benefit from Marriage Allowance if the following criteria applies:- · they are married or in a civil partnership · they do not pay income tax, or their income is below the Personal Allowance of £12,570 · their partner pays income tax at the basic rate – which typically means their income is between £12,571 and £50,270
Marriage Allowance can be cancelled on GOV.UK if a couple’s circumstances change.
To find out what other Government support may be available, go to GOV.UK and search ‘Help for Households.’ var _gaq = _gaq || []; _gaq.push(['_setAccount', 'UA-5165542-3']); _gaq.push(['_trackPageview']); (function() { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'https://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s); })(); |
|||||||
|
Please support local businesses like:- 
 This online newspaper and information service is regulated by IMPRESS the independent monitor for the UK's press.
This is our process:-
Get your business noticedOur aim is to provide you not only the current news, but also to help promote our local areas diverse and rich history, our innovative businesses, along with our amazing culture. But we can only do this with your help and support though advertising. fine out how you can get your business advertised on here and help keep our news services free to access.
Contact us:-
(+44) 08443244195 Our News Room Office Address Southport and Mersey Reporter, 4a Post Office Ave, Southport, Merseyside, PR9 0US, UK Calls will cost 7p per minute, plus your telephone company's access charge. Calls to this number may be recorded for security, broadcast, training and record keeping. Find us on:-
Tracking & Cookie Usage Policy - Terms & Conditions
|
All rights
reserved - Copyright © 2013-
PBT Media Relations Ltd. Data Protection Registration
number:-
ZA091469
PBT Media Relations Ltd. is registered with Companies House. You can find the
online version of the register at:-
Gov.UK. PBT Media Relations Ltd's
registration number is 06042334.
_
