Marriage Allowance Tax Benefits

In the UK, the HMRC allows you transfer £1,250 of your personal tax allowance to your husband, wife or civil partner. This reduces the overall amount of tax you pay as a couple, and it can be backdated for a number of years. It’s a genuine scheme that may benefit some (but not all) couples, although they don’t advertise it very well.

It’s easy to claim this via the HMRC website, or (as we did recently) by telephone. The only problem we encountered was a long wait to get through to someone, but when we did they were very helpful.

There’s nothing to pay, and possibly lots to gain.

Beware googling ‘marriage tax allowance’. Some shyster firms will charge you for applying (they try to look official), but it’s FREE to apply. Follow our guide and the correct links below to do it safely and at no cost. Source

Unfortunately, there are many companies who offer to do it for you, and charge you up to (and sometimes over) 50% of any backdated tax refund. This could be over £500 for something you can easily do yourself, they simply require the same information you have to give HMRC. They are totally legal scams.

The HMRC website and the one quoted above are really helpful.

Note: I’m not an accountant and this post isn’t financial advice, merely pointing out something you might benefit from and a danger to be aware of. Please do your own homework and make your own financial decisions.

Make a donation: If (as a result of reading this) you save some money, please consider making a donation towards the running costs of this non-profit and free from advertising blog. Click here. Regards, John.

Getting SAASY

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My vocation as a Salvation Army Corps Officer centres on being a pastor and preacher, but (inevitably) there are other duties and roles I have to undertake and fulfil as a Minister of Religion responsible for a worship and community centre in Wallsend. One that doesn’t sit comfortably with me is that of administration and particularly accounting, but it’s a role I have to fulfil in the absence of a treasurer (although I have an excellent Corps Secretary who works with me as a volunteer).

The finance system the Salvation Army uses goes by the wonderful name of Agresso, and is soon to have an upgrade to SAASY (Salvation Army Accounting SYstem) at the start of the new financial year. Today I attended a training day for the new web-based system, with an excellent buffet lunch provided by my Divisional Headquarters. By the end of the excellent training day my eyes had well and truly glazed over, but only because I can only deal with finance in small doses.

So, what’s my initial verdict? Well, it’s a lot for everyone to get their heads around, but I think (ultimately) it will be an improvement all round. I just feel sorry for those who prefer to do their accounting in a ledger with a pen!