13/02/2026
A small tax saving to share ahead of Valentine’s Day
Valentine’s Day doesn’t have to be all about flowers and chocolates. For married couples and civil partners, there may be a practical way to show a little financial love - by making use of the Marriage Allowance.
Marriage Allowance lets one partner transfer £1,260 of their Personal Allowance to their husband, wife or civil partner. Your Personal Allowance is the amount you can earn before paying Income Tax.
How it works
If one partner earns less than £12,570, they can transfer £1,260 of their unused allowance to their spouse or civil partner, provided the higher-earning partner is a basic rate taxpayer (typically earning between £12,571 and £50,270).
This can reduce the higher earner’s tax bill by up to £252 for the 2025/26 tax year.
Who can apply?
You can benefit from Marriage Allowance if:
✅ You’re married or in a civil partnership
✅ The lower earner does not pay Income Tax or earns below £12,570
✅ The higher earner pays Income Tax at the basic rate
It’s a straightforward claim through HMRC, and once approved, it can continue automatically each year unless circumstances change.
For more information, visit https://www.gov.uk/marriage-allowance
Sometimes the most thoughtful gestures are the practical ones 😉
Or get in touch with our team:
📞 028 9031 6950
🌐 www.mbmcgrady.co.uk
