The standard personal allowance will rise to £10,600 from 6 April 2015.
The transferrable marriage allowance will apply from 6 April 2015 to couples (married or civil partners) where neither person pays tax at the 40% or 45% rates. The spouse who cannot use all their personal allowance against their own income will be able to opt to transfer £1,060 of their personal allowance to their spouse or civil partner for 2015/16. From 2016/17 the transferrable amount will be 10% of the basic personal allowance.
Contact us if you think this applies to you, we can help you with registering with HMRC.
