Budget 2014 – Transferable tax allowance for married couples and civil partners – but not until 5 April 2015
Transferable tax allowance for married couples and civil partners – From 2015-16 tax year, a spouse or civil partner can apply to transfer £1,050 of their personal allowance to their spouse or civil partner. The spouse or civil partner will receive the transferable allowance as a reduction to their income tax liability at the basic […]