UK Couples: Claim Marriage Allowance by April 5th

0:00Here's more or less their news for March 20th. Mary couples in the UK have just until April 5th to apply for the marriage allowance and claim up to 1,260 pounds in. Backdated payments. This tax break lets the lower earner transfer a part of their personal allowance to their higher earning partner, saving up to 252 pounds a year on taxes. The allowance works by boosting the higher earner's tax-free income to 13,830 pounds while reducing the lower earners. To 11,310 pounds, you're eligible if you're married or in a civil partnership, one partner earns under 12,570 pounds, and the other is a basic rate taxpayer up to 50,270 pounds. Finance experts are urging quick action since the current tax year ends on April 5th, after which you can't backdate to the 2021-22 year. Many couples miss out on these savings without realizing they qualify, even if incomes fluctuate or include pensions.

1:02You can apply easily online through the government website or by downloading a form to post, and both partners must agree. Special cases cover separated couples who qualified in past years, or those whose partner passed away since April 5th, 2021. Just call. The income tax helpline. With thousands potentially heading your way, it's worth checking eligibility right away before the deadline slips by.