Lambert Roper & Horsfield Limited Accountants Calderdale, Huddersfield
Business Services

Most businesses are very good at providing the products and services that their customers need – but running a business involves much more than that.

Click here to find out more...

Private Clients

The financial world is a complicated place and there are times when you’ll need some expert help.

Click here to find out more...

Wealth Management

When it comes to your finances, taking time out to seek expert advice is always a wise investment.

Click here to find out more...

Specialist Services

We also provide specialist services to a range of other clients.

Click here to find out more...

You are here: Home » Latest News » Make the grandest romantic gesture and reduce your tax bill

Make the grandest romantic gesture and reduce your tax bill


Getting married or conducting a civil partnership ceremony is often the happiest day of most people’s lives but unfortunately almost one million married or civil partnered couples in the UK have not used up to £900 in tax relief available to them.

The Marriage Allowance scheme currently allows couples to transfer up to £1,190 of their Personal Allowance to their partner, providing they earn more than the other individual.

Thanks to the tax relief that this offers, the one spouse could potentially reduce their annual tax bill by up to £238.

This allowance can be backdated to include any tax year since 5 April 2015, so it is not too late to act if you haven’t previously made use of the scheme.

To be eligible:

  • You must be married or in a civil partnership
  • Have the lower earning partner pay no income tax or generate an income below the personal allowance (currently £11,850, but rising to £12,500 in April 2019)
  • Have the higher earner pay income tax at the basic rate

Alongside this generous relief, married or civil partnered couples are also entitled to pass ownership of assets between them free of Capital Gains Tax and Inheritance Tax (IHT) during their lifetime, as well as gain their spouse’s IHT nil-rate band allowance after they have passed away.

Of course, few marriages are entered into just for these benefits, but considering that few people take full advantage of the reliefs on offer it is worth seeking professional advice to see what liabilities could be reduced.

Link: Marriage Allowance

The New LRH Client Portal


We are delighted to announce that the LRH client portal (powered by Onvio, a Thomson Reuters company) is now fully operational… Continue reading →

Get in touch!


Telephone: 01422 360788

Email: mail@lrh.co.uk