Tax  

More than 1.3m take advantage of marriage allowance

More than 1.3m take advantage of marriage allowance

More than 1.3m couples across the UK have taken advantage of the marriage allowance, according to HM Revenue & Customs.

Around 4.2m married and civil partner couples are eligible for the tax break, which is worth up to £220 a year.

Since the start of the new tax year in April couples have been able to backdate their allowance and increase their payment up to £432.

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Jane Ellison, financial secretary to the Treasury, said:“For the more than four million eligible married and civil partner couples, the marriage allowance could be a welcome financial boost. What better time than the new year to claim?”

Everyone has a tax-free personal allowance of £11,000 and no tax is due on income up to this amount.

The marriage allowance allows a spouse or civil partner who earns less than their personal allowance to transfer £1,060 of it to their partner – as long as their partner doesn’t pay more than the basic rate of income tax.

About 4m married couples, including around 15,000 civil partnerships, stand to benefit from the marriage allowance, which was introduced in April 2015.