What are the benefits of marriage ?
Some are ….
- Love
- Companionship
- A chance to change a surname you don’t like
- Presents from the other half’s family at Christmas
- Someone to blame when you don’t want to go out
But here’s another good reason-
You can get a tax refund !!
Everyone gets a tax-free annual personal allowance. This year, for most people, it is £12,570.
If you don’t use all of yours, you can transfer some of it to your spouse.
And they can receive a tax refund of up to £252 per year.
If you qualify, you can backdate it 4 years (as long as you were married then of course).
How amazing is that?
This transfer between husband and wife (or vice versa ) is imaginatively called ‘Marriage Allowance ‘
Would this make you get married?
Would you prefer to be skint and single?