Marriage allowance rejected

Posted on 16 Aug 2013
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 Marriage tax allowance rejected

Married couples are spurning David Cameron’s marriage tax allowance, which allows people to transfer £1,060 of their personal tax allowance to their spouse or civil partner, because the £212 annual reward is deemed negligible due to its complexity. Only 330,000 people have taken advantage of the allowance, equivalent to 8% of those eligible. People were also put off by the level of personal information required when submitting an application and penalties for submitting incorrect information, according to HMRC research.

Source: The Daily Telegraph (23/07/2016)

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