A non tax payer, or don’t earn more than about £11500, and are married, or have a civil partner, did you know you can give them £1150 of your tax allowance?
I have been meaning to do this and finally got around to it today. It took me literally no more than 5 minutes online. I wanted to do it before the end of this tax year as it will be back dated to the start of it. Also, DB can also get the previous 2 years backdated as I was in the same financial position then.
It adds up to about £230 per annum, not a huge amount for some, but good for us. Hopefully should receive the backdated money in a few weeks as a cheque and DB can look forward to less tax paid each month.
Here is the link.
Welcome to Jill Davidson via Bloglovin. Pleased to say I can now post comments on blogger at their normal speed. The go slow has driven me nuts!
That's not a bad sum at all, is it? A very welcome amount for a few moments online.
ReplyDeleteJ x
Certainly is, could kick myself for not doing it sooner.
DeleteI think we do this - is it also known as the "marriage allowance"? I remember a couple of years ago doing it on-line and we got a year's backdated too. I only earn a tiny amount working from home as&when so we might as well benefit in any way we can (my tiny NHS pension is nowhere near the limit - if only!!)
ReplyDeleteSame here regarding NHS pension.
DeleteI did this but because of the way HMRC have allocated the tax allowance between Cols pension and his Employment support allowance benefit it made no difference although I hope we can claim tax back after April 5th by filling in a tax reclaim form because his total income will be under £11,500.
ReplyDeleteHope you can as well.
DeleteMartin Lewis has been hammering it home on his program and I tell lots of people about it too. Neither of us benefit unfortunately.
ReplyDeleteYou don't have to be on benefits, Tania. Just one of you needs to have a taxable income of under £11,500.
DeleteGood job on the tax savings.
ReplyDeleteI am all excited that blogger is finally working correctly again.
God bless.