Martin Lewis has an urgent tax warning for couples who are married or in a civil partnership.
The memo from the MoneySavingExpert relates to the marriage tax allowance perk - and could be worth up to £1,220. Marriage tax allowance allows the higher earner in your relationship to lower their tax bill by transferring the personal allowance of the low earner.
Your personal allowance is how much you can earn tax-free each tax year and the amount you can transfer through marriage tax allowance is £1,260. One of you must be a 20% taxpayer, while the other must be a non-taxpayer to apply for marriage tax allowance.
