- Married or in a Civil Partnership?
- Does one of you earn under £12,500 whilst the other one of you earns between £12,501 and £50,000?
If yes to both of the above questions then the lower earner is eligible to apply and boost their partner’s personal tax allowance by up to £1,250, which means the higher income earner will pay £250 less tax BUT best of all you can backdate this up to 4 years, however, you have until April 5th 2020 to claim for the past 4 years! If you miss this date you will not be able to claim for the 2015/16 period.
It’s estimated that over 2,000,000 UK taxpayers are eligible for the allowance but haven’t applied!
Learn more and to submit a claim visit the Gov website about the Marriage Allowance – If you have problems just call 0300 200 3300 and do it by phone.
Note: Once you’ve done it once you won’t need to do it again each year
What are the values for each year?
- 2015/16 – £212 (deadline Sunday 5th April 2020)
- 2016/17 – £220
- 2017/18 – £230
- 2018/19 – £238
- 2019/20 – £250
