Smarter accounting

Marriage Allowance update April 2016

17 April 2016, Advocates, Artists, Creative Industries, Sole Traders

The Marriage Allowance is a tax break for couples where one partner doesn’t use all their tax free allowance.  For the 2016-17 tax year, which runs from 6th April 2016 to 5th April 2017 the tax free allowance is £11,000.

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Marriage Allowance 2015

12 April 2015, Advocates, Barristers, Charities, Companies, Employer, Musicians, Sole Traders

HMRC announced in February 2015 that registration had opened for the new marriage allowance tax break which enables couples to save the princely sum of up to £17.66 a month (£212 a year).   View image | gettyimages.com Marriage Allowance not just for the married The new tax relief, which came into effect on 6 April […]

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