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Extra tax relief for married over 80s

11th April 2018 By bespoketax

Extra tax relief for married over 80s

The Married Couple’s Allowance (MCA) is available to elderly married couples or those in a civil partnership, where at least one member of the couple were born before 6 April 1935 (i.e. at least 83 years old). The allowance provides for tax relief by deducting 10% of the allowance from the amount of tax due on taxable income. The MCA can reduce a tax bill to zero but cannot result in a refund of tax.

For the new tax year, the maximum amount of married couple’s allowance is £8,695. This means that qualifying claimants can receive a maximum deduction of £869.50 from their income tax bill. There is a minimum allowance of £3,360 which could get qualifying taxpayers a minimum deduction of £336.

Planning note

The MCA should not be confused with the Marriage Allowance (MA), which came into force on 6 April 2015 and allows lower earning couples (of any age) to share part of their personal tax-free allowance. The MA allows the lower earning partner to transfer up to £1,190 (2018-19) of their personal tax-free allowance to a spouse or civil partner.

Filed Under: Income Tax

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