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Published on: 29/06/2018 05:47 AMReported by: roving-eye
One million married couples still eligible for ÂŁ900 tax boost
Around three million couples across the UK have boosted their finances with Marriage Allowance, HM Revenue and Customs (HMRC) announced today.
More than a million married and civil partnered couples are still eligible for the free tax break worth up to £238 a year. And thanks to the start of the new tax year couples can backdate their allowance and boost their payment up to £900 – just in time for the summer holidays.
Applying for Marriage Allowance is quick and easy and once an application is complete it’s processed immediately. The new online form takes fewer than ten minutes to fill out and eligible customers will receive backdated claims of up to £662 as a lump sum. Over 300,000 couples have signed up for the Marriage Allowance tax break since March 2018.
Mel Stride MP, the Financial Secretary to the Treasury, said:
“It’s great news that so many couples are now benefitting from Marriage Allowance. This is a really important tax relief and reflects the social importance of marriages and civil partnerships.
“And I’d urge those that haven’t yet managed to claim the money to do so right away – it’s quick and easy to apply. Just search online for Marriage Allowance and go to the GOV.UK site.”
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[QUOTE=roving-eye;6641926]One million married couples still eligible for ÂŁ900 tax boost
What is the criteria for a successful claim?
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You can get Marriage Allowance if all 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)
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It doesn't apply, however, if you are on self-assessment.
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