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Liverpool Echo
Liverpool Echo
Business
Kate Lally

Couples urged to claim up to £1,008 from HMRC amid cost of living crisis

Married couples are being urged to claim as much as £1,008 from HM Revenue and Customs (HMRC) amid the worsening cost of living crisis.

It comes as the Chancellor’s autumn statement detailed how income tax and inheritance tax will be frozen for a further two years. The income tax squeeze will hit many hard, as people are forced to tighten their belts even further, according to Helen Morrisey from Hargreaves Lansdown.

Ms Morrisey told the ECHO: "“HMRC’s tax take continues to soar with the amounts of income tax, capital gains, inheritance tax and stamp duty heading skywards as a combination of threshold freezes and strong demand for property continue to play out.

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