MSE News: Couples now able to register to shift tax allowance between spouses

zygurat789

GunJack wrote: »

hmmm....still haven't found out if to qualify you have to be a basic-rate taxpayer and/or have a salary of under 42385. Pension scheme contributions make me basic rate, but impending rise will put salary a couple of quid over 42385....anyone found out yet??

You HAVE to pay tax at no higher than basic rate, forget £42385 that is from gov.uk and is misleading.
If you pay any tax at 40% or higher you don't qualify.
You could increase pension payments to take you out of HR tax.

GunJack

zygurat789 wrote: »

You HAVE to pay tax at no higher than basic rate, forget £42385 that is from gov.uk and is misleading.
If you pay any tax at 40% or higher you don't qualify.
You could increase pension payments to take you out of HR tax.

cheers z, no need to up pension conts. to stay basic rate...looks like Mrs G-J needs to make a call

carmina_piranha

zygurat789 wrote: »

You HAVE to pay tax at no higher than basic rate, forget £42385 that is from gov.uk and is misleading.
If you pay any tax at 40% or higher you don't qualify.
You could increase pension payments to take you out of HR tax.

I've been confused by that too! My husband earns less than £42385 but the recent change in his company car means that he will pay higher rate tax on about £1 a year ... which means they will take my tax allowance back off him, I guess.

He didn't get to choose his car with this employer and he's never paid higher rate tax before, so we had no reason to think when we applied that he would not be eligible.

johnbfan

What is the phone number to ring to speak to someone about this please? Might give it a month and ring if I've not heard anything from them.

zygurat789

carmina_piranha wrote: »

I've been confused by that too! My husband earns less than £42385 but the recent change in his company car means that he will pay higher rate tax on about £1 a year ... which means they will take my tax allowance back off him, I guess.

He didn't get to choose his car with this employer and he's never paid higher rate tax before, so we had no reason to think when we applied that he would not be eligible.

Start a private pension, make a capital contribution towards the car, take a voluntary pay cut.

deanos

gosh that was quick, got a letter today confirming my tax code change 6 days after applying online

Marisco

deanos wrote: »

gosh that was quick, got a letter today confirming my tax code change 6 days after applying online

After getting an email asking me to apply, I went online and tried, got to the end and it came up that they couldn't process it. So I phoned the tax office, explained what had happened, and he did it for me there and then! Got a letter a few days later confirming the tax code change, happy days!

harz99

Wife got her email today, tried the link and it doesn't work. So we have to phone up, which means she (who hates doing things over the phone) will have to persuade them to talk to me.


Should be such a simple process!

hollie.weimeraner

Applied by email to register earlier this year, got the confirmation they would get back and heard absolutely nothing since.

harz99

hollie.weimeraner wrote: »

Applied by email to register earlier this year, got the confirmation they would get back and heard absolutely nothing since.

We applied pretty much as soon as you could and only just heard.