Got ideas buzzing about your business? Let's talk! Schedule a hassle-free, commitment-free consultation at your convenience. Whether it's a Zoom call, MS Teams meeting, or a good old-fashioned phone chat, we adapt to your style. In this initial conversation, share your business vision and queries. From there, we'll whip up a tailored proposal, open for your comments and revisions until it's just right. Give us a shout — let's see what we can achieve together!
The Marriage Allowance is scheduled to come into effect in the 2015-16 tax year.
In a major change to the personal tax regime, this could enable you to transfer up to £1,060 of your Personal Allowance to your husband, wife or civil partner. This, in turn, could reduce their Income Tax by up to £212 in the year.
You will be able to claim the Marriage Allowance if all four of the following conditions apply:
If this is the case, you can now register online at https://www.tax.service.gov.uk/marriage-allowance/register. HMRC will then contact those who have registered in April and invite them to apply.
The £1,060 limit will increase automatically in line with any increase in the Personal Allowance in future tax years.
If you would like to discuss the Marriage Allowance in particular or your tax affairs in general, please email us at welcome@cooperfaure.co.uk for an initial consultation that is free and without obligation.
Navigating the world of taxes can be daunting, especially if you’re new to the process or if your financial circumstances…
The Chancellor of the Exchequer Jeremy Hunt delivered his Spring Budget 2024 on Wednesday, March 6, 2024. He announced a…
The chancellor’s breezy Autumn statement 2023 speech was all about attempting to deliver a boost to the economy through a…