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New Marriage Allowance

Posted: Wed Mar 18, 2015 4:35 pm
by tut
In case you missed it in the Budget, there was a new tax transfer allowance announced. For married couples this means that if one has an income below £10,600 and the other is a basic rate tax payer, up to a £1,060 allowance can be transferred from one to the other which would be worth £212, or two SIDC Trackdays.

You can register interest at this site, as it is not an automatic allowance.

https://www.gov.uk/marriage-allowance

tut

Re: New Marriage Allowance

Posted: Wed Mar 18, 2015 4:40 pm
by r10crw
Yeah saw that and also some other good points in the budget, fuel tax for one.
Only saw it for a few minutes at lunch and I realise were not living in a democracy but was pleased with many points.