Martin Lewis has revealed millions of married couples could be owed thousands of pounds.
Couples are being urged to claim the marriage tax allowance, before the April 5 deadline.
The marriage tax allowance allows you to transfer £1,250 of the amount you can earn tax-free each tax year to your spouse or civil partner, if they earn more than you.
The tax break is worth £250 this tax year, but you can claim back up to four tax years, as long as you were eligible during that time, meaning you could be owed over £1,000.
You will get up to £250 for this year, then £212 for 2015/16, £220 for 2016/17, £230 for 2017/18 and £238 for 2018/19.
That is up to £1,150 if you apply before April 5.
And as the allowance started in 2015/16, if you don't claim it by this April, you'll lose that first year warned Martin.
The allowance applies only to those who are married or civil partners, where one is a non-taxpayer and the other a basic-rate taxpayer.
You also have to fill the below criteria:
- You're married or in a civil partnership (just living together doesn't count)
- One of you needs to be a non-taxpayer, which in the UK and Scotland usually means earning less than the £12,500 personal allowance between 6 April 2019 and 5 April 2020
- The other partner needs to be a basic 20% rate taxpayer (higher or additional-rate taxpayers aren't eligible for this allowance). This means you'd normally need to earn less than £50,000 or if you live in Scotland, £43,430
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You both must have been born on or after April 6, 1935
To apply, use the application at HMRC. You'll need both your national insurance numbers and a form of ID for the non-taxpayer.
Or call 0300 200 3300 and do it by phone.
It's the non-taxpayer who must apply to transfer their allowance.
