top of page
  • Farrell & Farrell

UK – Are you eligible to claim marriage allowance?

Tax saving of £252 (potentially a tax savings of £1,242!)

Marriage allowance is a tax perk available to lower income couples who are married or in a civil partnership, where one low earner can transfer £1,260 of their personal allowance to their partner, who must be a basic-rate taxpayer. The lower earner must therefore earn below the personal allowance threshold of £12,570.

This means couples can reduce their tax bill by up to £252 a year. A couple can apply any time and if eligible, HMRC could backdate the claims for up to four previous tax years (i.e. from 2018/19) to receive a payment of up to £1,242. (Tax years 2015/16, 2016/17 and 2017/18 are now out of time).

Marriage allowance is one of a number of benefits and reliefs available to boost family finances at a time when many are concerned with the rising cost of living.

Marriage allowance claims are automatically renewed every year. However, couples should notify HMRC if their circumstances change.

If you need any assistance please contact our office.


2 views0 comments

Recent Posts

See All

As if closing the HMRC phones for 3 months in the summer wasn’t enough …. News today is HMRC intend to do the same again for 7 weeks in the busiest 7 weeks of the year….! From 11 December until 31 Jan

A lovely write up in the Tax Adviser journal by Salema Hafix from CIOT who attended the recent Cross border tax conference that our director Elaine Farrell co-hosted with Catriona Loughran of Extra ta

#UKAutumnStatement2023 #TaxAdvisors #FarrellandFarrell #CrossBorder #CrossBorderTaxAdvisors #UKTaxAdvisors #ROITaxAdvisors #Accountantnearme #NewryandMourne

bottom of page