taxfunnelstwentyone

  Take Advantage of the Wedding Allowance A marriage allowance tax is allowed which benefits the couple where one partner earns less than the personal allowance. If you are married or in a civil partnership, you can transfer any unused personal allowance from a low-income partner to a higher earner. Transfers can be as high as 2 1,250 in 2020-21, potentially saving you up to £ 250. To qualify, the highest earner must be  Accountants Walsall a 20% taxpayer. Watch our quiz. See if you are eligible for a marriage allowance. 5. Meet the Tax Return Deadline   If you're one of the 12 million people who need to file a self-assessment tax return, make sure you don't miss the deadline - this is a costly and easily avoidable mistake.   For online submissions, you have to submit your 2019-20 returns by January 31, 2021. But if you want to file on paper, you will need to submit by October 31, 2020. Deprived of the deadline and automatically fined 100 100 - even if...