Mr Reynolds worked part-time and Mrs Reynolds was a basic rate tax payer
Mr Reynolds worked part-time as a waiter at his local restaurant, earning about £5,000 per year, and Mrs Reynolds was a marketing consultant. Whilst Mr Reynolds salary allowed him to help out with the household bills, he was earning below his personal allowance. After realising that he could actually transfer some of his personal allowance to his wife, he completed the 'Claim our refund' form and arranged a call with one of our Refund Managers.
Mr Reynolds was delighted to hear that he could actually backdate his Marriage tax allowance, allowing him to allocate 10% of his personal allowance to Mrs Reynolds. Once the claim form was submitted, processed, and sent to HMRC, their refund was paid out within 12 weeks. On top of this, HMRC increased Mrs Reynolds personal allowance by £1,190 per year, meaning that she paid less tax on a monthly basis going forward.