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Taxionary

Married Couples Allowance

[ˈmærɪd ˈkʌplz əˈlaʊəns]

Term

Summary:

Married Couples Allowance is for couples where at least one spouse was born before 6th April 1935. It is between £401 and £1037.50 for the 23/24 tax year.

More detail:

Married Couples Allowance is a tax relief scheme in the United Kingdom available for couples where at least one spouse was born before 6th April 1935.

For marriages before 5th December 2005, the husband’s income is used to work out the amount of Married Couple’s Allowance a couple is eligible for.

For the 2023/24 Tax Year, this scheme has the possibility to reduce eligible tax bills by between £401 and £1037.50 a year.

Married Couples Allowance can be applied for either by a Self Assessment or by contacting HMRC directly.

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