The taxman is targeting two million married couples and civil partners who claim Marriage Allowance as a tax benefit - and many may not even know it
HMRC is targeting 'two million' married couples in a new tax raid - and "many don't know", tax experts have warned. Up to two million married couples and civil partners who claim Marriage Allowance as a tax benefit could now find themselves targeted by HMRC.
This saves up to £252 in tax this year. However, pensions campaigner Ros Altmann has cautioned that couples who have taken advantage of this could face an unexpected income tax bill. Ms Altmann said the number of pensioners liable for tax has doubled since 2010, from 4.5 million to more than nine million. She warned: "Pensioners who use the marriage allowance to give part of their personal allowance to their partner will have an even lower personal allowance of just £11,310.", reports Birmingham Live.
Stephen Lowe, director at the retirement specialist Just Group, also expressed concern. "With the state pension increasing many will see marriage allowance benefits reduced or reversed," he said.
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