Q&A: tax breaks of marriage allowance

Q&A: tax breaks of marriage allowance

standfirst: In this week’s Q&A, our Croner-i tax adviser explains the ins and outs of claims for the marriage allowance, backdating options and implications of divorceMy client is a UK resident and is earning £45,000 gross employment income while her husband is working part time earning £11,000 gross employment income.We are trying to figure out if there are any tax reliefs they can get to reduce taxable income. They have been married since Augu…

Dividing hurts, also financially with the tax – the spouse splitting does not apply, parents must share the child allowance. What tax consequences a separation entails