For Richer or Poorer – The New Marriage Allowance

Married couples and civil partnerships can now register their interest in the new Marriage Allowance which comes into effect from 6 April 2015. This is separate from the existing Married Couples Allowance which is already available to the over 80’s. The allowance means that an individual whose total income is below the tax threshold (i.e. … Continue reading For Richer or Poorer – The New Marriage Allowance

Do you know what your tax code is?

A tax code is very important as it is used by your employer or pension provider to determine how much tax is deducted from your pay or pension. It isn’t unusual for a tax code to be incorrect, with the HM Revenue & Customs identifying millions of mistakes with individual’s tax codes every year. If … Continue reading Do you know what your tax code is?