TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Take-up of marriage allowance still open to one million couples

According to a recent HMRC press release, more than a million married and civil partnered couples are still eligible for the marriage allowance which is worth up to £238 a year. And thanks to the start of the new tax year couples can backdate their allowance and boost their payment up to £900 – just in time for the summer holidays.

According to HMRC, applying for Marriage Allowance is quick and easy and once an application is complete it’s processed immediately. The new online form takes fewer than ten minutes to fill out and eligible taxpayers can receive backdated claims of up to £662 as a lump sum. Qualifying couples have four years to claim their backdated allowance and can apply online.