💨 Abstract

Marriage offers financial benefits beyond love and commitment. Couples can save money through the Marriage Allowance, which allows a non-taxpayer to transfer part of their personal allowance to their spouse, saving up to £252 annually. Married couples can also transfer assets between themselves without triggering tax bills, utilizing both partners' allowances for income, savings, dividends, and capital gains. This can minimize tax payments.

Courtesy: metro.co.uk