Martin Lewis on HMRC tax-free Personal Allowance £13,830 increase | Personal Finance | Finance


Viewer scoops big payout from HMRC thanks to Martin Lewis’ tax tip – all you need to know

  • A Martin Lewis Money Show Live viewer has revealed how he and his wife claimed £1,000 from HMRC using the marriage tax allowance.
  • The couple followed advice from the personal finance expert after watching his ITV show. The viewer, who had retired on medical grounds, explained: “I was able to claim, I think it was about 4 years of back tax, which was about £1,000.”
  • They used the windfall for a holiday in Cornwall during the wife’s recovery from chemotherapy. The viewer said: “If you can save a few pounds here and a few pounds there, it’s money in the pocket.”
  • Martin Lewis highlighted that around 2.1 million people are missing out on this benefit. Those who haven’t previously claimed could receive £1,260 as a lump sum backdated for four years.
  • The scheme allows non-taxpaying spouses to transfer 10% of their personal allowance to their partner. This can save couples £252 annually if one partner isn’t working and the other pays basic rate tax.
  • The marriage tax allowance applies to married couples or civil partners where one person earns less than £12,570 per year.

READ THE FULL STORY: Martin Lewis confirms HMRC tax-free Personal Allowance increase to £13,830 for households



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