State pension loophole means YOU could end up paying tax next year – how to avoid it …C0NTINUE READING HERE >>>
A STATE pension loophole means you could end up unexpectedly paying tax next year.
The issue affects those who use the marriage allowance, which lets you share some of your tax-free allowance with your spouse.
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You and your partner could be owed as much as £1,258 in marriage allowance
It’s a legal way of reducing the income tax you pay and can save you hundreds of pounds a year.
As it stands, you can transfer 10% of your £12,570 personal allowance, which is around £1,260, to a basic-rate…
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