LedgerSummit.com - Accounting Services’ Post

You’re so excited, you want to tell the whole world about your marriage! 💍 Remember to tell the IRS, too. Here are 5 ways to plan ahead for your first married tax filing: https://hubs.la/Q02r1PzZ0

Marriage tax allowances! Are you and your partner making the most of this little perk? Marriage Tax Allowance is a way for couples to transfer a portion of their personal allowance between them, which could reduce your annual tax bill by up to £252 a year, giving you a little extra for those date nights or future plans together. Not everyone knows that if you're married or in a civil partnership, you could be saving some money. To be eligible as a couple, you need to earn less than your partner and have an income of £12,570 or less. Your partner’s income must be between £12,571 and £50,270 (£43,662 in Scotland). Get in touch if you have questions or need some guidance. 📩📱☎️ #marriagetaxallowance #taxreturn #taxallowances #couples #accountancy

Great conversation on the #LegalLounge with Theresa E. Viera at Modern Legal where we talk above #taxes, #marriage, and what comes between!

What strategies do you use to minimize the impact of the marriage penalty on your taxes? The marriage penalty can create unexpected tax burdens for couples filing jointly. Many use deductions, credits, or alternative filing strategies to minimize this impact and optimize their joint finances. #MarriagePenalty #TaxPlanning #PersonalFinance #NCEAccounting #TaxTips #FinancialWellness

Could you save up to £1,260 in tax this year? If one of you earns less than £12,570, the Marriage Allowance lets couples transfer unused personal allowances. Don't miss out on this easy tax break! #MarriageAllowance #TaxSavings #UKCouples

Today is our anniversary! With marriage being the topic of the day, did you know the nil rate band can only be passed to your spouse or civil partner. If you are single or are part of an unmarried couple, your estate over the value of £325,000 could be subject to an inheritance tax liability. Want to know more, get in touch. #tax #financialplanning #money Lindsay Taylor

The Marriage Allowance is a simple but often missed tax saving, applicable to many couples throughout the UK. Our latest blog explains how it works and how you can benefit. http://ow.ly/WgfF50IuKoi #MarriageAllowance #PersonalAllowance #TaxableIncome #TaxAdvice #TaxInformation #AccountancyAdvice #AccountancySupport #Accountants

The Marriage Allowance is a simple but often missed tax saving, applicable to many couples throughout the UK. Our latest blog explains how it works and how you can benefit. http://ow.ly/WgfF50IuKoi #MarriageAllowance #PersonalAllowance #TaxableIncome #TaxAdvice #TaxInformation #AccountancyAdvice #AccountancySupport #Accountants

Could you save up to £1,260 in tax this year? If one of you earns less than £12,570, the Marriage Allowance lets couples transfer unused personal allowances. Don't miss out on this easy tax break! #MarriageAllowance #TaxSavings #UKCouples

The Marriage Allowance is a simple but often missed tax saving, applicable to many couples throughout the UK. Our latest blog explains how it works and how you can benefit. http://ow.ly/WgfF50IuKoi #MarriageAllowance #PersonalAllowance #TaxableIncome #TaxAdvice #TaxInformation #AccountancyAdvice #AccountancySupport #Accountants