Beginning April, married couples and couples in civil partnerships can take advantage of the new marriage allowance helping them save up £212 a year…
What does this mean?
If you or your partner pay no income tax due to earning below the basic income threshold of £10,600, you can transfer up to £1,060 of your personal tax-free allowance to your partner (provided they are currently not paying more than the basic rate of income tax).
Registration is now open and applying online is straightforward. You can register your interest to receive the Allowance now – gov.uk/marriageallowance.
