Let’s get married. The tax perks: what you need to know

Some of the best, most valuable financial advice doesn’t require reinventing the wheel. In fact, it can often be the most fundamental and obvious aspects of managing money which a financial planner can highlight and bring to a client’s attention, making a huge difference to financial wellbeing.

Marriage allowance. What is it and who qualifies?

In my experience, this is one of the easiest but most frequently overlooked areas of financial advice that can benefit many couples. Marriage allowance is a tax perk available to couples who are married or in a civil partnership, where one low earner can transfer up to £1,250 of their unused personal allowance to their partner. Essentially, you’re able to transfer some of your tax-free allowance to your spouse if you earn less than the current personal allowance. The government introduced the Marriage Allowance in April 2015 to ease the burden on families, saying at the time that it’s “families who raise our children, look after ou