"Billions wasted on unnecessary tax payments."
"Unmarried cohabiting couples losing out on £82 million."
Numerous press reports recently have indicated that British tax payers will lose £4.6 billion this year by failing to use up available tax allowances and reliefs.
Average tax paying individuals throw away around £160 per year each in unnecessary tax payments through areas including:
Further research shows that unmarried cohabiting couples are losing substantial sums each year in bereavement benefits including lump sum bereavement payments, bereavement allowances and widowed parent's allowance.
Unmarried cohabiting couples also run the risk of getting caught for inheritance tax - which would otherwise be exempt if they were married.
If you have any questions or concerns about the above, or any other potential tax savings, contact your local Perrys branch to review your circumstances.
Article written by Declan McCusker
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