HMRC are reminding married couples and people in civil partnerships that they may be able to take advantage of the marriage allowance and claim a tax refund before the end of the current tax year.
Marriage allowance offers individuals the chance to transfer part of their personal allowance to their husband, wife or civil partner, which could reduce their tax by up to £250 a year. For some couples, this could mean a backdated payment of up to four years of claims which could be as much as £1,188.
HMRC are encouraging claims to be made directly through their online portal.
Further details can be found in the HMRC press release at https://www.gov.uk/government/news/give-your-loved-one-a-tax-break-this-valentines-day.
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