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Keep More of What You Earn: Easy Tax Solutions
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Did you pay for work-related expenses out of pocket? You might be eligible for a tax refund! Here are some common deductible expenses:
• Home office expenses
• Work Wear
• Laundry
• Business Travel
• Professional Membership
• Fuel/travel expense
• Work related equipment
Marriage Allowance Benefit
Did you know? Married couples in the UK might be eligible for the Marriage Allowance, a tax benefit that could save you money.
• Here's the deal:
The lower-earning spouse can transfer a portion of their personal allowance to their higher-earning spouse.
• That means a potential tax refund of up to £1200 for the past four tax years!
• Whose Eligible?
For a lower-income taxpayer to be exempt from paying taxes, their annual income must be less than £12,570.
To be eligible for the transfer, the higher earner's income must exceed their personal allowance.
For the higher earner to be eligible for the basic rate of taxation, their income must be below £50,270 for the tax year.
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