Martin Lewis has this morning urged people to take action right now to make sure they don’t miss out on potentially getting £1,000 or more paid into their banks ‘within a week.’ The financial expert said that there is a very short window of opportunity to sign up for a Marriage Allowance tax scheme which is of benefit to married couples.
In an urgent tweet today he said: “If this is relevant to you - DO IT TODAY - do not delay.” He was referring to his advice at the end of last week on the issue around transferring £1,260 of your Personal Allowance to your husband, wife or civil partner.
Failing to do it before April 5 could potentially mean couples losing hundreds of pounds in tax. This reduces their tax by up to £252 in the tax year (6 April to 5 April the next year).
