Donate SIGN UP

Tax Code Reduction

Avatar Image
Bazile | 16:54 Mon 25th Apr 2016 | Business & Finance
8 Answers
i recall something about married couples being able to claim some sort of benefit by way of a reduction in tax code .
It is not automatically given - you have to claim it

Anyone know about this ?
Gravatar

Answers

1 to 8 of 8rss feed

Best Answer

No best answer has yet been selected by Bazile. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
If your otherhalf earns nothing then you can claim part of their tax free earnings / allowance. Call your tax office and they can sort it in minutes, you may have to hang on waiting for the next available person but it is worth the wait.
There are 2 types, Married Couples allowance if one of you were born before 1935.
Or the transfer of unused tax allowance from one spouse to another up to the sum of £1100.
You will have to put a claim in.
Question Author
thanks , but i dont think it was that
My tax code changed to reflect Mrs B's tax free allowance of £1100. Quids better off.
It does not matter if the spouse has income, only that they have unused tax allowance. There is a level where you have to take care as there could be a risk that their pay could tip over the reduced tax allowance.
This may help.
http://www.moneysavingexpert.com/family/marriage-tax-allowance
Those mentioned are the only tax breaks for married couples.

Marriage Allowance came in last April, details here:
https://www.gov.uk/marriage-allowance

Marries Couples Allowance info here
https://www.gov.uk/married-couples-allowance

Question Author
thanks all

1 to 8 of 8rss feed

Do you know the answer?

Tax Code Reduction

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.