Marriage

Martin Lewis urges millions to claim back £1,256 from HMRC before deadline in weeks

Martin Lewis is urging millions of people to take action as they risk missing out on more than £1,000.

The money-saving expert said more than two million are missing out on a tax break worth £1,256 and they only have until April 5 to get it before it’s gone forever. During this week’s episode of the Martin Lewis Money Show Live, he informed viewers that a “staggering” 2.1 million couples can claim Marriage Allowance.

He exclaimed that they should “stop making excuses” and fill in the application form. Couples can get up to £252 this tax year, however, the claim can also be backdated to 2019/20, making it worth £1,256.

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Martin told viewers: “This is the Marriage Tax Allowance, if you don’t apply now you may lose £250, there are a staggering 2 million 100,000 couples out there who are eligible for this – it is big money – and are not claiming it. There are two criteria, first of all you must be married or in a civil partnership – I’m afraid cohabiting does not count – and one of you must be a non-taxpayer, so that’s usually under £12,570 a year and the other one a 20 per cent tax payer, so hat’s usually earning between £12,500 to £50,000a year.”

He continued: “The taxpayer then has an extra 20 per cent of which they are not taxed. The really important thing is if you were eligible for this since 2019/20 you would be due a total of £1,256 if you claim back – you need to do it now or you lose the £250 for that 2019/20 tax year.

“Once you claim it’s then paid automatically year after year, although you do have to declare if you’re no longer eligible for it.”

Because the backdated payment is issued by BACS, it will land straight into a claimant’s bank account. Some viewers contacted the show asking if very small circumstances affected their eligibility.


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