Marriage Allowance

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Marriage Allowance from 15-16 tax year

Spouses can save tax from 15-16 tax year. The new marriage allowance will allow a spouse with unused PA (Personal Allowances) to transfer up to £1060.00 of their Personal Allowance to their spouse as long as the other spouse is a basic rate tax payer.

This will give a maximum potential saving in the tax year of £212.00

We are monitoring this for all our clients and ensuring if a claim can be made we make it on their behalf.