AMF Mixed Topics
Fri-16-12-2016, 19:50 PM
Brilliant and totally legitimate ! It is applicable for married/civil partnership couples where one is a standard rate UK taxpayer (ie earns/income is less than £43,000) and their partner pays no UK tax (ie earns less than (approx) £11,000.
"Earning" can mean pension entitlement.
The lower earner is allowed to share their tax exemption with their higher earning partner.....applies for the last tax year and the next one...........claiming up to (approx) £440 in total.
It`s all clearly explained if you Google "Martin Lewis Tax allowance sharing"........and they include all the relevant links for you to click on . The whole process takes 5 mins.......you need NI details of both people, and Passport details (the easiest way to prove identity).
Let me know if it`s helped anyone!!
Have a SOOOOOOOOPAH Christmas. xxx
"Earning" can mean pension entitlement.
The lower earner is allowed to share their tax exemption with their higher earning partner.....applies for the last tax year and the next one...........claiming up to (approx) £440 in total.
It`s all clearly explained if you Google "Martin Lewis Tax allowance sharing"........and they include all the relevant links for you to click on . The whole process takes 5 mins.......you need NI details of both people, and Passport details (the easiest way to prove identity).
Let me know if it`s helped anyone!!
Have a SOOOOOOOOPAH Christmas. xxx