As we all look forward to the Royal Wedding this weekend, it’s a fitting time to mention the Marriage Allowance.  This Allowance lets you transfer £1,190 of your Personal Allowance to your husband, wife or civil partner – if they earn more than you. You can get Marriage Allowance if all of the following apply:

• you’re married or in a civil partnership
• you don’t earn anything or your income is £11,850 or less
• your partner’s income is between £11,851 and £46,350 (or £43,430 if you’re in Scotland)

If you or your partner were born before 6 April 1935, you might benefit more as a couple by applying for Married Couple’s Allowance instead.  You can find out more and check your eligibility at https://www.gov.uk/marriage-allowance

For more advice about tax allowances and tax-planning, please call us on 0114 235 3500.